Too many measures “Less is more” when determining the criteria or metrics to use in the plan. Plans with 3 to 5 measures can provide balance and focus. Too many measures dilute a participant’s attention and motivation. Metrics with a weight less than 10% of the total...
According to a recent study by Wilson Group, Concord, MA, and Bose Corporation, New England companies are expecting modest growth in their business. Sixty-two percent (62%) of companies recently surveyed expected growth exceeding 4% in 2017; this compares to only 44%...
Companies will be increasing base salaries 3% again this year. Companies are expecting greater competition for talent in 2016. So, most people will be getting a 3% raise and fewer people will receive no pay increase at all. This is just one of the findings from a...
Long-term incentives (LTI), including stock options, restricted stock, have long been a key element of total compensation plans in public companies. The principle difference between LTI plans in public versus private companies is that the funding for these long term...
This report provides information on the primary compensation actions taken in 2012 and the plans for 2013, examines merit pay plans and budgets, and shows how companies reward performance. It also summarizes the degree of change planned for annual bonus plans, sales...
Over the last 30 years, approximately 50 studies have been conducted on the factors that lead to effective performance based reward systems (i.e., money, recognition, etc.). Published and peer-reviewed in professional journals, these studies include both control and...
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