Executive Compensation

By Lauren Belcher at Phillip Blount and Associates Despite our growing economy and rising stock market, one thing remains consistent – salary budget increase projections.   National, industry-wide projections are stagnant, for the fourth consecutive year at a projected median of 3.0 percent (average, 3.2 percent) for...

Private companies often have challenges recruiting and retaining top talent. Vivient Consulting’s Bertha Masuda, CECP, and ThreePoint Consulting’s David Rhoads offer advice on implementing and maintaining effective private company compensation and incentive plans in this video Plans With the X Factor — Private Companies’ Quest for Effective Incentives from...

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...