Technology products are an indispensable performance enhancer for compensation professionals, and high-performing companies are more likely to rely on one. But is having a dedicated compensation system really that important? If you’re getting by just using spreadsheets — or doing nothing — why sink time and money into a new system? Is it really that big of a deal? The results of a recent research report from Lighthouse Research & Advisory revealed that high-performing companies are 32% more likely to be using a dedicated compensation system. Meanwhile, low performers in the study were 50% more... view blog & white papers details

Companies are always looking for ways to get the most out of their employees. One method that has become popular is performance-based pay. This approach compensates employees based on how well they do their jobs rather than just showing up. While it sounds simple, there are some key components that make this system work. This article looks into the elements of an effective performance pay program to understand how a company's system operates. Learn the pros and cons of various structures, how to set meaningful metrics, and tips for getting buy-in across the company. With the right approach, pe... view blog & white papers details

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A recent survey revealed a large shift in the number of Gen-Z and millennial workers who are advocating for pay equity by sharing their salary information.Talking about how much money you make is generally seen as taboo.Yet many younger workers are doing just that, according to a Bankrate.com survey.Some 42 percent of Gen-Z workers, ages 18-25, and 40 percent of millennial employees, ages 26-41, have shared their salary information with a coworker or other professional contact, the survey found. The poll was conducted by YouGov Plc, Feb. 16-18 among 2,449 adults, and of those 1,416 were either... view blog & white papers details

A recent survey revealed a large shift in the number of Gen-Z and millennial workers who are advocating for pay equity by sharing their salary information.Talking about how much money you make is generally seen as taboo.Yet many younger workers are doing just that, according to a Bankrate.com survey.Some 42 percent of Gen-Z workers, ages 18-25, and 40 percent of millennial employees, ages 26-41, have shared their salary information with a coworker or other professional contact, the survey found. The poll was conducted by YouGov Plc, Feb. 16-18 among 2,449 adults, and of those 1,416 were either... view blog & white papers details

Bloomberg Baystate Business for Monday, May 3rd, 2021-Anne Gardner, Providence Journal reporter, on Hot Rod Charlie and the local connection to the Kentucky Derby-Erik Wasson, Bloomberg News reporter, on President Joe Biden's spending plan-Matt Murphy, State House News Service senior reporter, on the Governor's vaccine rollout-Joe Bishop, Peak Season Workforce President, on the struggle to find workers on Cape Cod this summer.-Catherine Carlock, Boston business Journal real estate reporter, on the changing landscape of the waterfront.-Clint Paige, Wheelworks Owner, on the lack of available bic... view blog & white papers details

Bloomberg Baystate Business for Monday, May 3rd, 2021-Anne Gardner, Providence Journal reporter, on Hot Rod Charlie and the local connection to the Kentucky Derby-Erik Wasson, Bloomberg News reporter, on President Joe Biden's spending plan-Matt Murphy, State House News Service senior reporter, on the Governor's vaccine rollout-Joe Bishop, Peak Season Workforce President, on the struggle to find workers on Cape Cod this summer.-Catherine Carlock, Boston business Journal real estate reporter, on the changing landscape of the waterfront.-Clint Paige, Wheelworks Owner, on the lack of available bic... view blog & white papers details

The workplace setting evolves continuously. Back then, most firms associated skills with gender or age. As a result, this can disrupt equality when it comes to job roles. But in this day and age, there have been numerous progresses to promote fairness in the workplace setting. More firms aim to apply fairness and equal treatment for all workers. Fortunately, there are laws like the FSLA that promote these values. Now, more workers can feel confident that they will receive fair treatment when it comes to employment concerns. What is FLSA? FLSA stands for Fair Labor Standards Act of 1938. This ... view blog & white papers details

Talking about how much money you make is generally seen as taboo.Yet many younger workers are doing just that, according to a Bankrate.com survey.Some 42% of Gen Z workers, ages 18-25, and 40% of millennial employees, ages 26-41, have shared their salary information with a coworker or other professional contact, the survey found. The poll was conducted by YouGov Plc, Feb. 16-18 among 2,449 adults, and of those 1,416 were either employed or looking for work.“Younger workers are really rewriting the script here,” said Bankrate.com analyst Sarah Foster.“The workplace landscape is much different f... view blog & white papers details

Talking about how much money you make is generally seen as taboo.Yet many younger workers are doing just that, according to a Bankrate.com survey.Some 42% of Gen Z workers, ages 18-25, and 40% of millennial employees, ages 26-41, have shared their salary information with a coworker or other professional contact, the survey found. The poll was conducted by YouGov Plc, Feb. 16-18 among 2,449 adults, and of those 1,416 were either employed or looking for work.“Younger workers are really rewriting the script here,” said Bankrate.com analyst Sarah Foster.“The workplace landscape is much different f... view blog & white papers details