McLean & Company's research stresses that effective P4P requires intentional choices about compensation structure. Base pay signals long-term investment but reduces cost flexibility, while variable ...

Promotional salary increases should consist of a pro-rated merit increase along with a promotional increase percentage. HR compensation department should work closely with the finance department to ...

Advocate Health has earmarked $776 million of additional spending on its 167,000-person workforce for 2026, including a higher systemwide minimum starting wage plus merit-based and systemic pay ...

"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 ...

Discover how phantom stocks and stock appreciation rights (SARs) provide employees with benefits linked to company performance, without needing actual stock ownership.

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 ...