Astron Solutions
FEBRUARY 8, 2022
This means employers have to adjust their compensation strategy in response. How much will rising inflation and the Great Resignation influence compensation this year? Lastly, what strategies can employers use to create meaningful compensation packages? million people quit their jobs in December 2021 alone. Sounds good.
Bob
JANUARY 11, 2023
On the other hand, strategic compensation incentives are crucial for retaining the key talent you’ve fought so hard to find over the last few years. What are the compensation benchmarks on average merit increases for 2023? If you have to freeze wages, remember that compensation doesn’t always have to involve hard cash.
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RecognizeThis!
JUNE 23, 2015
Without directly intending it, my last two posts on Compensation Cafe addressed how to keep and reward your top performers in a compensation world where raises seem to be disappearing. In “Where Have All the Raises Gone?” How do you keep your best employees? What was critical to you for staying in your role?
Something Different
JUNE 2, 2015
…So this morning I read a great piece ( here ) from the NY Times highlighting a sea change in the way compensation is being managed in the U.S. In short, there is ever increasing downward pressure on base pay, with companies shifting dollars that have historically been allocated towards salary bumps towards one-time bonuses and perks.
Compensation Force
OCTOBER 27, 2017
I'm convinced that the only way to create smart, sustainable incentive compensation plans is to tie them directly to value creation. This means that the money to pay earned incentive awards comes from performance improvements, improvements which generate financial results and are driven by the plan design itself.
Compensation Force
OCTOBER 27, 2017
I'm convinced that the only way to create smart, sustainable incentive compensation plans is to tie them directly to value creation. This means that the money to pay earned incentive awards comes from performance improvements, improvements which generate financial results and are driven by the plan design itself.
Compensation Cafe
APRIL 28, 2020
Aon (including Radford ) just published data collected from April 7 to 10, 2020. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans. Earlier, she was a Principal at Willis Towers Watson.
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