Results for : Employee compensation

The Important Role of Negotiation in the Hiring Process (On Both Sides)

No hiring process causes more dread than the salary negotiation. Both sides of the table must reach a mutually beneficial amount: The hiring company needs to negotiate a salary that fits within their budget, and the employment prospect must negotiate a living wage that meets or exceeds their financial situation.…

Don’t Show Me the Money: Employee Bonus Alternatives

Jerry Maguire famously asked people to show him the money. Business owners may think that’s the mantra of their employees and new recruits, too. Yet, even in this tight labor market, there are plenty of good employee bonus alternatives to consider as well. Different types of employee bonuses have various…

Is it time for employers to embrace performance-based pay?

The idea of performance-based pay is heavily stigmatized. We conjure images of vociferous salespeople or billionaire CEOs raking in eight-figure dividends while the rest starve. But if your salary isn’t performance based, then what are employers paying you for? The vast majority of professional workers are paid salaries calculated on…

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