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Today’s Top Compensation Trends

CorpStrat

Salary Hikes The reality of the current labor market is that there are more open jobs than people to fill them, and inflation is impacting employees’ pay expectations. As a result, salary budgets for American employees are projected to increase in 2023. retail, hospitality, manufacturing and health care). As a result, many U.S.

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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

Common terms include wages, salaries, benefits, fringe benefit, and remuneration or earnings—often used interchangeably—but they are all referring to the same thing: money paid by the employer to a worker or on behalf of a worker as part of compensation for labour/work performed. Wages and salaries cost employers $25.22

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AutoNation Dealerships Roll Out Base Salary Plus Bonus Pay Plan

Hireology

rolled out a new pay plan offering salespeople a base salary plus bonus, rather than the traditional commission-driven plan. AutoNation’s base salary plus bonus plan aligns directly with today’s job seekers’ expectations for more consistent pay, which we’ve addressed on our blog in the past.

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Is Your Annual Incentive Pay Plan the Right Fit For Your Business?

Insperity

With an annual incentive pay plan, employees earn a payout, often expressed in terms of percentage of salary, when they achieve performance-related goals. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). How an annual incentive pay plan works. And finally, talk to your employees.

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Is Your Annual Incentive Pay Plan the Right Fit for Your Business?

Insperity

With an annual incentive pay plan, employees earn a payout, often expressed in terms of percentage of salary, when they achieve performance-related goals. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). How an annual incentive pay plan works. And finally, talk to your employees.