Perks Over Pay: The Name of the Game
A whopping 79% of employees would rather have better benefits or perks than have better pay, according to a recent survey conducted by Glassdoor®. Today we’ll explore some of the details of that survey.
Tag: Compensation
Increased Use of Quality Measures in Physician Compensation Models
The findings of this year’s SullivanCotter annual Physician Compensation and Productivity Survey indicate a continued increase in the prevalence of quality-based incentives, which typically include metrics regarding clinical processes, patient experience, and access.
Saving and Investing: The Great Recession’s Impact on Millennials
Your 401(k) plan is designed to help everyone in your workplace to save for retirement—from the youngest employee to the oldest. In the last few years, you may have emphasized the importance of saving early and enough. It can be challenging to reach a diverse group of employees with a message that encourages action, because […]
Using Market Data to Determine Salary Range & Calculate Range Spread
By Sharon McKnight, CCP SPHR
What Should Be Included in a Total Compensation Statement?
Total compensation statements are a way to help employees understand how much the employer is investing in them. This goes far beyond the paycheck. As part of your compensation administration, it’s a great idea to include total compensation statements so that employees can understand the full extent of the organization’s investment. This leads to greater […]
Employers Can’t ‘Bank’ on Unlimited Authority to Deny Discretionary Bonuses
By Kelly Smith-Haley, JD
Study: Daughters Benefit in Their Careers from Having a Working Mother
Contrary to conventional wisdom, growing up with a working mother is unlikely to harm children socially and economically when they become adults, according to new research by a Harvard Business School.
Ask the Expert: Can you Lower Employee’s Pay for Poor Performance?
The short answer to your question is “Yes, it is generally legal to reduce an employee’s pay in order to account for unsatisfactory performance.” Just as employers may increase employee wages for exemplary performance, an employee’s paycheck can also be a viable method for deterring or improving poor performance.
Economy Is Improving, So Are Salaries … Just Not as Fast as CEOs
By Andy Marken
U.S. Employers Not Planning to Fully Fund Annual Bonuses
A new survey has found that U.S. employers aren’t expecting to fully fund their annual employee bonuses in 2015.