"Here’s a company car; it’s a Lincoln! After 25 years here, you’ll get a Rolex, and remember, when you retire at 65, you’ll have your company pension. Now, join the firm and work hard." This likely ...
The cost of living is not getting any cheaper, and wages don't typically pace the rate of inflation. Unsurprisingly, workers are prioritizing not only competitive pay but also benefits that ease some ...
Since FASB Statement no. 123(R) began requiring companies to recognize an expense equal to the grant-date fair value of options awarded as compensation, there has been a significant change in ...
Effective leaders are always on the hunt for strategic advantages that can help hone their organization’s competitive edge. This “X-factor” may take a variety of shapes (e.g., a unique product or ...
Sometimes, the best way to invest in employees' career and development is to let them invest in you. Nearly half of employees consider equity compensation — a benefit that gives them a stake in their ...
A December 2024 article on the Forbes magazine website on the highest-paying jobs truly makes for interesting reading. As was to be expected, the usual “suspects” are on that list. Physicians, Medical ...
When an employee unexpectedly dies, companies often want to act quickly so as to minimize disruption to the deceased employee’s family. While that is an important goal, companies need to ensure that ...
Can individual units, colleges, or schools implement their own performance increases or pay increases separate from the campus-based increases? Units, colleges, and schools must have an approved ...