New approaches to compensation
- Study: Most Merit Plans Have No Merit. Ortiz, Lauralee // Credit Union Journal;05/07/2001, Vol. 5 Issue 19
Focuses on the impact of the merit pay system on the employees and businesses in Berkeley, California. Pros and cons of imposing merit pay system within the company; Elements of a successful merit plans; Opinion of a merit pay expert on pay-for-performance systems.
- Honest questions needing honest answers. Ferracone, Robin; Turner, Matt // Directors & Boards;Summer2002, Vol. 26 Issue 4, p11
Presents five questions that corporate compensation committees should be asking and answering in the U.S. Lip service to pay-for-performance in executive compensation; Reason for targeting executive compensation above the market median; What kind of performance the company is buying with its...
- In The News. // HR Specialist: Compensation & Benefits;Nov2011, Vol. 6 Issue 11, p1
The article offers news briefs related to the compensation and benefits sector in the U.S., which include the introduction of Internal Revenue Service's (IRS) Voluntary Classification Settlement Program, an Aon Survey which states that workers can get bigger money through variable pay and one...
- Executive Benefits in a Pay-for-Performance Environment. Uyl, Janet Den; Kopacz, Patricia // Employee Benefits Journal;Sep2002, Vol. 27 Issue 3, p14
Presents an excerpt from the book 'Paying for Performance: A Guide to Compensation Management,' 2nd edition.
- Study Suggests Most Comp Plans Aren't Effective. // Credit Union Journal;10/15/2001, Vol. 5 Issue 41, pN.PAG
Reports on the need for credit unions to align their compensation plans with their business plan according to a report from the Filene Research Institute. Information on the negative result produced by the merit pay systems; Suggestion of Edward Deci, professor of psychology and director of the...
- Goldilocks in the Corner Office. Wirtz, Ronald A. // Region (10453369);Dec2006, Vol. 20 Issue 4, p22
The article discusses the compensation mechanism for chief executives officers from economic perspective. Though some economists claim that huge compensation package received by CEOs is inefficient, the lucrative compensations system aligns the interest of CEO with those of the shareholders....
- Bookshelf. Brotherton, Phaedra // HRMagazine;Jan98, Vol. 43 Issue 1, p122
Reviews the book `Paying for Performance: A Guide to Compensation Management,' by Peter T. Chingos and KPMG Peat Marwick LLP.
- The Annual Merit Increase: Who Gets What? // Benefits Quarterly;2004 Fourth Quarter, Vol. 20 Issue 4, p75
This section presents the summary of the article The Annual Merit Increase: Who Gets What?, by Terry Satterfield, published in the July-August 2004 issue of Benefits & Compensation Solutions.
- How Am I Doing? Rosenberg, Robert // Treasury & Risk;Oct2007, p27
The article presents the results of a study by Towers Perrin about variable pay programs. The study suggested that variable pay programs be linked to individual rather than group performances. Towers Perrin also recommended that reward programs be aligned with business goals for performance,...