Maxioms by Ken Abosch
It indicates how employers have shifted their focus on how to pay their employees.
It indicates how employers have shifted their focus on how to pay their employees.
They're seeing that as a way to reduce their costs in some places. Some might think employers are taking a read more
They're seeing that as a way to reduce their costs in some places. Some might think employers are taking a Scrooge mentality, but they're putting it into a different form.
The fact we saw 10 percent of organizations freezing salaries was astronomical. It was a really unusual year.
The fact we saw 10 percent of organizations freezing salaries was astronomical. It was a really unusual year.
We may never see base salary increases in the mid-to-upper 4 percent range again.
We may never see base salary increases in the mid-to-upper 4 percent range again.
Most employees view base salary as a barometer of their worth, so thinking about a steady decrease in the amount read more
Most employees view base salary as a barometer of their worth, so thinking about a steady decrease in the amount of money being provided to them has had a psychological impact. That's why organizations looked to variable pay as a way to counteract that -- until recently.
