Long-term incentive plans (LTIPs) are key in executive compensation. LTIPs reward employees for reaching set goals. They must align employee and shareholder interests. Employees understand key performance factors that can improve the business and yield rewards. This will ensure sustainable growth within a company and employee satisfaction. LTIPs are crucial for success. For public and private companies, LTIPs vary significantly. The difference in size, ownership structure, regulatory requirements, and strategic goals create various advantages and challenges. This article will elaborate on thes... view blog & white papers details

It's a detail some people would do just about anything not to reveal about themselves: their salary. While it's a potentially uncomfortable topic, the debate around pay transparency is heating up. Amidst the backdrop of companies facing fierce competition for workers, employees and advocates are increasingly calling for pay equity initiatives to address gender and racial wage gaps. Some states and cities, including Colorado and New York City, are even requiring employers to post salary ranges for open positions. If employees are not getting this information from the source, some are researchin... view blog & white papers details

It's a detail some people would do just about anything not to reveal about themselves: their salary. While it's a potentially uncomfortable topic, the debate around pay transparency is heating up. Amidst the backdrop of companies facing fierce competition for workers, employees and advocates are increasingly calling for pay equity initiatives to address gender and racial wage gaps. Some states and cities, including Colorado and New York City, are even requiring employers to post salary ranges for open positions. If employees are not getting this information from the source, some are researchin... 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

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

Do you know what you should be paid at your job? I mean, do you REALLY know? Maybe you’ve received consistent raises and cost-of-living adjustments for a decade. But if your salary wasn’t competitive at the beginning, your salary could be way off the market rate now – especially if you’ve never truly benchmarked your job and negotiated for market adjustments. To know your worth, many turn to employee-reported (or “crowdsourced”) compensation data. But for compensation experts, these tools don’t offer the most reliable data. Employer-reported pay data, which is collected from corporate HR depar... 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