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.
- 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...
- 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...
- 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....
- 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.
- Pay growth 'on wane' in public sector. McHugh, Joseph // Public Finance;10/1/2004, p10
Discusses the rise of pay settlements of workers in the private sector in Great Britain according to a report published by the Industrial Relations Services.
- Pay-for-performance raises to dominate 2013. // HR Specialist: Compensation & Benefits;Dec2012, Vol. 7 Issue 12, p1
The article reports that businesses are eyeing for a new compensation scheme in 2013. It refers to the study by nonprofit WorldatWork on the value of creating a written policy on a compensation philosophy based on salary levels and pay hikes. The study reveals that employers are considering the...