Maxioms by Ken Abosch
The good news is that after seeing very significant reduced spending overall, companies are projecting a slight recovery for 2003.
The good news is that after seeing very significant reduced spending overall, companies are projecting a slight recovery for 2003.
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.
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.
Variable pay is designed to help employees concentrate on company goals and objectives, while eliminating 'entitlement' issues that often arise read more
Variable pay is designed to help employees concentrate on company goals and objectives, while eliminating 'entitlement' issues that often arise with a holiday bonus.
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.