Employee Compensation

D. G. McDermott Associates announced this month the rollout of a new compensation survey specifically designed to provide unbiased salary data for Microsoft Dynamics sales and consulting professionals. The Microsoft Dynamics salary and compensation survey gives participants’ senior leadership the opportunity to make important compensation decisions...

By Don G. McDermott of D.G. McDermott Associates Succession planning is an important and often neglected aspect of leadership and talent development for many organizations. In our work with clients, we've seen that many are unprepared for sudden – or even expected – leadership changes in their...

By Susan Malanowski at the Wilson Group After developing executive compensation and employee compensation plans over the years for so many companies  from iRobot to TripAdvisor, we've developed our "top ten mistakes" compensation consultants typically make when designing compensation plans: Too many compensation performance metrics “Less is more”...

By Lauren E.B. Belcher at Phillip Blount & Associates Locked in a standstill, salary budget increase projections for 2017 are remaining at 3.1 percent (average) overall (3.0 percent, median), according to WorldatWork. These projections are identical to the projected salary increases made by WorldatWork for 2016. Actual 2016 budget increases, however, in fact were lower - by approximately 0.1 percent with the average overall increase at 3.0 percent. 2017 is the third consecutive year to have projected salary budget increases at 3.1 percent. WorldatWork attributes this to a slow, steady growth in increases being reported since the recession. Other factors effecting the halt in rising projections include slight increases in “zero-percent increases” being reported.

WorldatWork is again projecting a 3.1 percent average increase (median 3.0 percent) in salary budgets for 2016 similar to their 2015 projection. Similarly, the Society for Human Resource Management (SHRM) recently reported that Hay Group, along with additional researchers, have also predicted the a moderate...

A November 2015 survey of 2016 compensation trends within private sector companies conducted by Wilson Group, a compensation consulting firm based in Concord, MA, reveals that businesses plan to increase base salaries by 3% in 2016 and are expecting greater competition for talent in the...

By Janet Koechel - Paradox Compensation Advisors   Your most talented employee just turned in his or her resignation when offered an increase in more pay from a competitor – what do you do?  Make a compensation counter offer and boost their salary without consulting HR or...