Broadbanding: Compensation of a "Different Color"
In a 1997 survey reported by the American Federation of State, County and Municipal Employees, more than two-thirds of state government personnel managers indicated they "would like to change their s Continue Reading...
If, for example, an employee is working in a high volume, low margin Department, they still have a similar chance at performance goals as someone working in a low volume, high margin (appliances, for instance) area of the store. Linking compensation Continue Reading...
Internet Advertising as a Career Choice
Using the Internet, entrepreneurs can run sophisticated businesses from anywhere. That is why places like Boulder, Colorado, now have some of the densest concentrations of technology-related businesses in the Continue Reading...
Health Care -- Short Smith Manufacturing
What is broadbanding? What are its benefits and drawbacks to an organization the size of Short Smith?
Broadbanding is the collapse of numerous pay grades into fewer bands of widely ranging salaries, usually Continue Reading...
Secondly, performance-related pay increases prevents inflationary tendencies since such increases are the outcomes of increased productivity. Managers and employees are benefited by performance-related pay increases in the following way: when profit Continue Reading...