by Kevin | Mar 10, 2022 | Compensation
While pay hikes make for loyal employees, they can affect your bottom line. So, which compensation components should you increase or add (and how often) to keep your team happy and remain profitable? Here are some practical suggestions for small business owners....
by Kevin | Feb 17, 2022 | Executive Compensation
Executive compensation refers to remuneration packages specifically designed for C-suite executives, senior management, and business leaders of a company. The package includes both cash and non-monetary benefits. Given these individuals are responsible for formulating...
by Kevin | Feb 10, 2022 | Compensation
No industry is immune to the ill effects of poor remuneration, including higher education. Compensation studies can help you retain and attract highly talented faculty members in an employee-driven labor market. They can provide valuable insights on the market value...
by Kevin | Jan 20, 2022 | Human Resources
Many organizations across all sectors are facing a dilemma with the increase of the minimum wage. On the one hand, a pay hike for the lowest-paid workers is necessary to maintain labor market competitiveness as well as keep up with state and federal minimum wage...
by Kevin | Jan 12, 2022 | Higher Education
Changing markets drive businesses to improve their product and service offerings, with customer satisfaction being the ultimate goal. However, for decades now, higher education has remained static, typically serving a fixed product to an unchanging market. No thorough...