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 ...
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 healthcare industry has been working to understand the implications of the paradigm shift from volume-based to value-based care. With over 40 years of experience working with healthcare ...
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 ...
How was the new salary structure developed? The structure is market based. After receiving job content tools from employees as well as feedback from supervisors, Aon Hewitt, the national consulting ...
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, ...
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 ...
A new labour code effective November 21, 2025, requires wages to be at least 50% of an employee's CTC. This change may ...
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 ...