Tag: employees

commission

Compensation Practices: A Brief Look at Job-Based Pay Methods

Simply put, a pay approach is the method an organization uses to deliver base pay to its employees. For example: job-based pay, market-based pay, knowledge/skill-based pay, and experience-based pay are all methods of pay delivery. Which one is the right one? Any of them can be a viable method, depending on the organization’s needs and […]

finances

Financial Wellness: 59% of Employees Say Stress of Finances Negatively Impacts Work Performance

The financial well-being of U.S. employees reversed direction this year following several years of steady improvement, according to a new survey by Willis Towers Watson, a global advisory, broking, and solutions company. The biennial survey also revealed a large increase in the number of employees who say their financial woes are negatively affecting their lives […]

Why You Need to Involve Your Employees in the Hiring Process

Hiring decisions are typically made solely by the employer, with little to no input from employees. This is a mistake, Heather R. Huhman argues on Entrepreneur.com. She says that by staying fully in charge of the hiring process, employers may cause potential candidates to shy away from job offers.