You Bought the Compensation Analysis, Make Sure You Understand It It is important to understand the terminology used to express the statistics presented in compensation analyses. The terminology used expresses both the nature of an employee's pay and where the levels of pay fit within the continuum of the employee's peer group. Making the most of your answers can involve any of the following: Interpreting Your Answers Base(Base pay) The fixed portion of compensation paid for an employee's fulfillment of a job's essential functions. Base pay does not include differentials, premiu... view article details

Reason No. 1: Your Leadership Doesn’t Care Whenever people attend a cocktail party, invariably someone in the room will have an occupation that others will solicit for some (free) advice. Medical doctors are asked “Does this mole look cancerous to you?” Car mechanics are queried whether the “chunka-chunka” sound the engine makes means a new transmission is needed. And as an industrial/organizational psychologist, I get interrogated about “Why is my company such a lousy place to work? Why do I hate working there?” There can be any number of specific reasons why one’s work experience is l... view article details