By Susan Malanowski and John Malanowski A total rewards philosophy forms the foundation for leadership decisions regarding employee compensation and benefit programs. A good Total Rewards Philosophy will also provide the framework for communicating the programs to...
By Susan Malanowski Short-term incentive plans have a performance period of one year or less. The most common performance periods are annually and quarterly. For 2019 calendar year plans, the last quarterly or annual payment was made by March 15 of this year in order...
by Tom Wilson and Larry Reissman There are those who believe that once the Covid-19 virus is contained, life will return to normal. But, after September 11, 2001, life did not return to what then was considered normal. What will life be like after this pandemic? This...
by Rhonda Farrington While many organizations are freezing any planned hiring, and others have had to lay off or furlough employees, preparing your organization for when business returns to a post pandemic normal is an essential way for Human Resources to support the...
What is a Compensation Philosophy? Does your company have a compensation philosophy? What does that even mean?! A compensation philosophy is a description of the objectives, guidelines and principles on which compensation policies, programs, systems and practices are...
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