Posts Tagged ‘Salaries’

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by a shadow of my future self

Salaries: Bringing It All Together – Performance, Market And Job

An effective salary system covers three major areas which we have written about in previous articles. These are internal relativities, the market and developing the structure.

Maintaining the system in a logical and transparent way is crucial as people expect to have their salaries reviewed at least annually and want this to be on a consistent and fair basis. An effective salary review process also enables the business to reap the benefits of having a comprehensive salary system.

The key elements that need to be brought together at this review are:
• Market movements
• Company performance
• Individual performance
• Current individual salary

There are still organizations which ignore these factors. They feel everyone should have the same pay increase. They do not communicate company performance to their people so expectations are not tempered by this. Many still feel they should just pay the CPI (Consumer Price Index) increase.

“Sick for Profit”: Robert Greenwald Documentary Exposes Salaries, Claim Denials of Healthcare Profiteers Sick for Profit, a documentary by Robert Greenwald, contrasts the salaries of insurance company CEOs with the experiences of policyholders denied medical claims. We play an excerpt.

Rep. Jason Chaffetz, (R-UT), on the need to rein in the rising pay for federal workers.
Video Rating: 5 / 5

Warwick School Committee agrees to set aside .6 million for disputed teacher salaries
Schools will earmark $ 3.6 million for raises, pending arbitration
Read more on The Providence Journal