Maxioms by Ken Abosch
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.
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 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.
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.
Employers recognize that the value in tying awards to performance, as opposed to the holidays, better connects employees to the read more
Employers recognize that the value in tying awards to performance, as opposed to the holidays, better connects employees to the company's goals and objectives, eliminates 'entitlement' issues, and leads to increased productivity and improved business results.