01/25/2011
After two years of painful payroll reductions, there’s enough light at the end of the recessionary tunnel for some employers to begin considering pay raises. In many organizations, pay hikes will come in the form of variable compensation plans. Experts say two tactics can help HR pros create variable pay plans that strike a balance between risk, reward and fiscal stability.
12/20/2010
Now that the worst of the economic crisis seems to have passed, Berlin, Germany-based electronics and powerhouse Siemens in December said thanks to its employees worldwide with “special payment” bonuses totaling $430 million. Nonmanagement employees in the United States received almost $100 million.