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Understanding and utilizing total compensation packages
Determining total employee compensation is critical to keeping employees happy and attracting top job candidates. Here is how to calculate it.
"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 ...
Sometimes, the best way to invest in employees' career and development is to let them invest in you. Nearly half of employees consider equity compensation — a benefit that gives them a stake in their ...
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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