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We are looking to redesign our sales commission plan and are wondering if the following is legal? Ex: Commission for Q4 sales is paid out at the beginning of Q2 – While the sales person made their Q4 quota, they didn’t make their Q1 quota. Therefore, the commission they would have received beginning of Q2 […]
By Linda Itskovitz, GuideSpark Today’s hot job market means that companies must find effective methods to entice talented individuals to join their company or risk losing top talent to a competitor. More than ever before, tried-and-true equity compensation programs are proving to be a valuable tool to attract and engage new prospects and employees.
by Matthew H. Parker Senior-level employees often enter into contracts stating they will receive separation pay if their employment is terminated unexpectedly. For example, employers often promise executives severance pay unless they are fired “for cause.” Other times, a company will promise that an executive can resign and collect severance pay following a change in […]
Slow wage growth continues to impact many U.S. workers, with 89% of moonlighters planning to keep their part-time second jobs in 2016 either fully or in part, and over 50% doing so to keep up with “cost of living,” according to a new survey by Indeed.com.
Over 50% of workers surveyed in the United States may apply for a new job in 2016 as they look for higher salaries, better titles, and more ideal locations, according to a new report from job site Indeed.
U.S. employers remain confident in their hiring plans as they embark on a new year, according to CareerBuilder’s annual job forecast. Thirty-six percent of employers plan to add full-time, permanent employees in 2016, the same as 2015. Nearly half of employers (47%) plan to hire temporary or contract workers.
John Hyttinen, Senior Director of Total Rewards at payroll and business services giant ADP, needed to explain a bonus program to all employees. Before he could execute on it, he needed to identify his tactics. He started by determining guiding principles for the communication. While his own ideas would play a role, he really wanted […]
Unemployment compensation is meant to help keep struggling individuals and families out of poverty while they search for employment. It also is set up to help keep the economy afloat at times when consumer spending would otherwise dip, by giving compensation to individuals so that they can continue to pay their rent or mortgage and […]
The American Staffing Association (ASA) has released its third quarter Skills Gap Index, which identifies the hardest-to-fill occupations in the U.S.,
According to a new report released by PayScale, Inc., putting family first can be costly—literally.