Build Trust and Reduce Employee Attrition

With the U.S. unemployment rate at a sixteen year low, two important labor dynamics have emerged. First, wages are rising; businesses need to pay more to get the same job done. Second, employees are increasingly tempted to leave their current job for the prospect of a better one. Many managers believe that the solution to… Read More

How to Create a Compensation Philosophy

Creating a cohesive Compensation Philosophy is one of the most important things that the leadership team can do as they work to create the culture of the company.  Developing a compensation philosophy is similar to defining your company’s core values; it outlines your beliefs about pay, equity and benefit plans.  Just as your core values… Read More