Category: Compensation
Problematic Pay
PROBLEMATIC PAY PRACTICES Considerations About Compensation Promoting employees is a company’s opportunity to reward hard work, talent, and knowledge. But, the accompanying salary increases- or lack thereof- can pose issues when compensation is not fair or is not commensurate with employee experience or company policies. Promotions can and should be a good thing. But, if… Read More
You’re on a Mission. Does Your Compensation Plan Line Up?
Chances are, one of the first things you did as you were planning your business is to draft your Mission, Vision, and Values. These are the guiding principles of your company, right? But, did you take time to create a formal compensation plan which aligns with your guiding principles? Having a formal compensation plan can… Read More