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 ...

Liberty Utilities’ three-year rate hike approved by the state last year could have been even higher for most Nassau customers if the company had received approval for an additional surcharge it sought ...

As a key driver of employee satisfaction, a thoughtful compensation plan designed with the help of a trusted adviser allows employers to attract and retain top talent. Processing Content Now, if my ...

Discover how phantom stocks and stock appreciation rights (SARs) provide employees with benefits linked to company ...

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 ...

Discover if higher pay or better benefits lead to smarter job decisions. Learn the value of benefits like healthcare, remote work, and retirement options.

When founders design compensation plans, they often take a narrow view, limiting performance-based pay to sales teams. This stems from the misguided belief that only salespeople are motivated by money ...

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In the United States, many employees have their sights set on leaving their current jobs. According to a May 2024 Gallup poll, “half of U.S. employees (51%) are watching or actively seeking a new job, ...

WHITEFISH, Mont. — The Whitefish City Council passed two motions for the employee compensation plan, which was approved by voters in the November 2024 general election. Proponents of the compensation ...