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Wage Wars, Compensation Article – Inc. Article
An employee who makes $35,000 a year might think that’s a great salary. But if he learns that a peer makes $40,000, suddenly he’s an Upton Sinclair character. CEOs who don’t realize that employees’...
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Paying for Performance, Benefits and Perks Article – Inc. Article
Back in 1999, Daman Products Co. implemented a bonus plan. The 65 manufacturing employees at the Mishawaka, Ind., maker of parts for hydraulic systems would be evaluated on these criteria: meeting...
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Report: Equal Pay Would Cut Women’s Poverty in Half
According to a regression analysis of federal data by the Institute for Women’s Policy Research, the poverty rate for working women would be cut in half if women were paid the same as comparable men....
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To ‘Rank and Yank’ or Not
Does your organization need forced ranking? An overlooked source of guidance sits within your quality improvement framework. “Zero defects” is a popular slogan, but quality management warns that not...
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Rising Tides or Sinking Ships?
Average CEO pay is now 257 times greater than the average worker’s pay. What does this say about the health of our economy? Our society? Sound off. Tell us what you think.
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Do we really want to retain our best? – Question of the day
Why do we spend so much time and energy saying we want to keep our best people and then use compensation structures that encourage them to leave every couple of years?
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Perception of Pay: Powerful Engagement Factor
Check out these numbers… Employees who understood how their pay was determined. 67% engaged Employees who didn’t understand how their pay was determined. only 32% engaged Workers who knew how to...
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