Ken Abosch
Ken Abosch
employers focus pay shifted
It indicates how employers have shifted their focus on how to pay their employees.
awards business connects employees employers goals improved increased leads opposed recognize tying value
Employers recognize that the value in tying awards to performance, as opposed to the holidays, better connects employees to the company's goals and objectives, eliminates 'entitlement' issues, and leads to increased productivity and improved business results.
costs employers might putting reduce seeing taking
They're seeing that as a way to reduce their costs in some places. Some might think employers are taking a Scrooge mentality, but they're putting it into a different form.
arise company designed employees goals help holiday issues pay variable
Variable pay is designed to help employees concentrate on company goals and objectives, while eliminating 'entitlement' issues that often arise with a holiday bonus.
companies good news recovery reduced seeing slight spending
The good news is that after seeing very significant reduced spending overall, companies are projecting a slight recovery for 2003.
base increases percent range salary
We may never see base salary increases in the mid-to-upper 4 percent range again.