As your small business grows, part of your long-term planning will involve managing your labor costs. In addition to looking at the quantity of your budget you spend on staff, you'll also need to make ...
Opinions expressed by Entrepreneur contributors are their own. In July, Microsoft announced a reorganization of its sales teams into a “commercial and consumer model.” It was a move designed to hone ...
Incentive-based compensation has many benefits, but implementing it can be overwhelming. Here's how to create a plan that motivates your team and protects your margins.
A competency-based salary structure is based on employee proficiency and expertise instead of factors such as seniority or tenure. Job competency refers to the level at which the employee performs, ...
Creating compensation plans that are both fair and financially sustainable is a challenge for any organization. Leaders must navigate pay transparency, market benchmarks and budget limits while ...
Purdue is committed to providing a staff compensation program that attracts and retains high-performing employees at all levels. The accomplishment of this goal is supported by our compensation ...
Recent Executive Orders aimed at diversity, equity, and inclusion (DEI) programs and practices have left many employers struggling with how to avoid engaging in “illegal DEI” practices. An important ...
With companies becoming more global, a growing number are shifting to more centralized compensation and benefits structures to help ensure that employees and executives around the world share the same ...
Indian tech workers on H-1B visas, particularly those deployed by Indian IT giants, receive U.S. salaries structured around a dominant base pay, modest allowances, and limited bonuses—creating a ...