Tag: Try Merit Bonuses

9 Ways to Maximize Comp in Tough Times

Here’s are Wudyka’s 9 top tips for 2011:  1. Reexamine Your Pay Program  The bad economy has produced a tremendous opportunity for us to improve our compensation plans, Wudyka says. For example, consider gainsharing, he suggests. It only pays out when company does better.  2. Reallocate Comp Dollars  Re-examine the way that you allocate comp […]