Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of ...

The technology industry has long been a fast-paced world driving a competitive environment to attract and retain highly skilled top talent. One of the key factors that entice skilled professionals to ...

Pay bands, while not necessary, can be a critical part of a compensation strategy, experts say. Used effectively, such structures can help employers maintain competitive salaries, track pay equity, ...

Curtis Bernstein, CPA, CHFP, ASA, of Altegra Health discusses how healthcare providers can successfully implement a value-based physician compensation structure. Hospitals and health systems have ...

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 ...

A lot more goes into compensation management than just giving your employees some money and hoping they will stay. A well-thought-out strategy can be the difference between a mass exodus and long-term ...

The Board of Regents of the Nevada System of Higher Education (NSHE) adopted a salary model for academic faculty in June 1986 that provided that academic salary ranges would be established with input ...

Similar to when you’re preparing a new recipe for the first time — following the directions to the letter, doing the steps in order and adding all of the ingredients — the same regimented process can ...

As the end of the year approaches, many firms may be pondering a change to their compensation structures for next year. Processing Content Although it is extremely critical to develop a salary plan ...

There are far-reaching implications on the growing discussions over financial firm compensation structures. The tug and pull from commission-based to various fee-only and hybrid combination models are ...

The New Labour Code 2025, rolled out last month, has introduced a clearer and more uniform definition of wages. Under the new rules, an employee’s basic pay, dearness allowance and retaining allowance ...