Maxioms by Ken Abosch
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.
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 clearly sending a message to employees that they will be rewarded for high performance.
They're clearly sending a message to employees that they will be rewarded for high performance.
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.