The reports of a slowly improving economy continue. According to BLR's 2005 Survey of Exempt Compensation, over 80% of all the exempt job titles surveyed reported at least a marginal pay increase for 2005. Increases ranged from .43% to an impressive 13.89%.
BLR's 2004 Survey of Nonexempt Compensation shows that national wage increases
were reported for 38 of the 45 jobs surveyed, while only seven positions suffered wage drops. Fourteen of the jobs surveyed
indicated wage increases of over 5%, while only one job reported a wage decrease of over 5%. More than 4,300 organizations
responded to this year?s survey, which was conducted in January and February of 2004.
Signs of economic recovery are all around us. According to BLR's 2004 Survey of Exempt Compensation, nationally, most exempt workers experienced an
increase in their salaries this year. This stands with many other positive
signs that the country is finally climbing out of the recession. More than 4,300 organizations responded to this year?s survey, which was conducted in January and February of 2004.
This White Paper takes you through the process of obtaining information about a particular job in order to establish a basis for accurately describing it and for determining its specifications and requirements.
These days, lateral moves are more common than promotions in many companies, and job responsibilities are wider and more diverse than they used to be, so wider bands make business sense.
A sales compensation program should be linked directly to the company?s
marketing strategy to control outcomes critical to the company. As the marketing strategies of individual companies are unique, so are the best sales compensation programs.
Performance management within a competency framework is one approach that
can be used to steer employees toward desired behaviors, as well as to reward
them for their accomplishments.
An objective-based plan is a group incentive plan that targets certain goals
tied to the organization?s strategic business plan. The "group" can be any organizational level, from division, or department, down to the individual work team.
