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.
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.
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.
