Talent shortages and an aging workforce are adding to employer strain, as are burnout, retention, and specialized skill gaps ...
Discover how phantom stocks and stock appreciation rights (SARs) provide employees with benefits linked to company ...
Promotional salary increases should consist of a pro-rated merit increase along with a promotional increase percentage. HR compensation department should work closely with the finance department to ...
WorkTango reports that employee benefits, perks, and rewards are essential for workplace engagement and satisfaction, each serving unique roles.
"Here’s a company car; it’s a Lincoln! After 25 years here, you’ll get a Rolex, and remember, when you retire at 65, you’ll have your company pension. Now, join the firm and work hard." This likely ...
The cost of living is not getting any cheaper, and wages don't typically pace the rate of inflation. Unsurprisingly, workers are prioritizing not only competitive pay but also benefits that ease some ...
Effective leaders are always on the hunt for strategic advantages that can help hone their organization’s competitive edge. This “X-factor” may take a variety of shapes (e.g., a unique product or ...
Can individual units, colleges, or schools implement their own performance increases or pay increases separate from the campus-based increases? Units, colleges, and schools must have an approved ...
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