Severance Packages Whats Fair?
Severance pay is the compensation an employee receives from his/her company upon job elimination, being laid off, or when both parties agree to part ways. Severance pay is a mandatory compensation...
View ArticleReferral Bonus Programs
Employee referral bonus programs have always been a favored recruitment strategy for many organizations. Each referral bonus program is designed differently from company to company but essentially it...
View ArticleWhy Creating Fair Salary Structures is Important for Your Organization
An organization needs talented and skilled individuals to build a successful business. Because these talented people are highly sought after, an attractive pay structure is often the key to bringing...
View Article2009 Robert Half Salary Guides identify job market bright spots
Even in the current economy, certain skill sets remain difficult to find, according to the 2009 Salary Guides from Robert Half International. The recently released guides point to modest overall salary...
View ArticleFree salary information available
Free salary information can help you get an edge in compensation negotiations with candidates. Although employers usually try to keep a tight lid on salary information, times have changed, bringing...
View ArticlePositive returns on providing well planned compensation
Compensation refers to all forms of pay and rewards received by employees for the performance in their jobs including all forms of cash, benefits, services, and perks. It is important to recognize and...
View ArticleResponding to Online Data
Companies should assume that employees will eventually walk into the office with a salary report detailing market pay for their job. That way, when it inevitably happens, the employer can be prepared...
View ArticlePay Philosophies
A pay philosophy is a company's commitment to how it values employees. A consistent pay philosophy gives the company and the employee a frame of reference when discussing salary in a negotiation.
View ArticleCompensation Surveys
Paying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That's why companies use...
View ArticleSalary negotiation tips responding to salary surveys
Salary negotiation tips can help employers deal with employees and prospective employees who demand ever higher wages. Salary negotiation tips can help human resources staff and hiring managers respond...
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