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Compensation: It’s a Lot More Than Just the Cost of Labor
A quiet revolution has been unfolding over the past 20 years or so. There was a time when an employee’s salary was highly confidential. Employees were told they could be fired for simply discussing...
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Comp Study Says Companies Are Expecting Good Things in 2014
PayScale has just released its 2014 Compensation Best Practices Report, and I was asked to take a look because (full disclosure) PayScale is a client. Regardless, I was happy to check the report out...
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Sometimes, A Little More Raise Can Make a Lot of Difference
You just received an above average performance rating from your boss, which naturally put a large smile on your face. But, that was subsequently wiped away when you heard that for your annual salary...
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Spreading the Peanut Butter: Across-the-Board Pay Hikes Are a Bad Idea
“Spreading the peanut butter” is a term used by one of my international clients to describe a general increase, the granting of an across-the-board pay rise or one-size-fits-all lump sum payment. The...
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The State of Employee Pay: Is It Really a Fact Employees Are Underpaid?
Forbes.com calls itself, “Information for the World’s Business Leaders.” A must-read for most serious business people, it has never been known as an advocate for social change. Yet what was its most...
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2015 Salary Survey: It’s Another Year – and Another Mediocre 3% Increase
Is the U.S. economy really improving? Some people want to think it is, but if you look at the early projections for 2015 salary increases and consider such increases as a strong economic indicator,...
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Pay and Performance, or What Withholding an Increase Can Do
More pay might not change behavior, but withholding an increase sometimes will. “That’s the last straw! I’m going to fire him,” said the irate mayor as he hung up the phone after mollifying a furious...
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Is it Really Time to Say Goodbye to the Merit Matrix?
Bill Kutik hates the merit matrix and I suspect he is not alone. The merit matrix is not dead — not yet, with recent WorldatWork research confirming that about three-quarters of surveyed member...
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Here’s Why Women (and Men) Really Do Need to Ask For a Raise
Last week, Microsoft CEO Satya Nadella gave some spectacularly bad advice to a group of women at the Grace Hopper Celebration of Women in Computing conference in Phoenix. He said: It’s not really about...
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Skilled Worker Shortages Are Slowly Starting to Push Pay Upward
Reports from the Federal Reserve say that a shortage of skilled workers in a variety of trades are showing up here and there across the U.S., putting upward pressure on pay. Employers are having to pay...
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