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Human Resources Management Commons

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Selected Works

2012

Pay and Compensation

Articles 1 - 4 of 4

Full-Text Articles in Human Resources Management

Are You Spending Your Company's Compensation Dollars Wisely?, Dow Scott Nov 2012

Are You Spending Your Company's Compensation Dollars Wisely?, Dow Scott

Dow Scott

Compensation costs are the largest single expense most organizations have—ranging from 15 to 20 percent in manufacturing to more than 80 percent in the human services industry. Recognizing the strategic impact of compensation, senior executives want to know if these dollars are being spent effectively. However, few organizations systematically evaluate their pay programs or only do so in the most rudimentary fashion.


Blending General Increases With A Pay-For-Performance Policy, Dow Scott Aug 2012

Blending General Increases With A Pay-For-Performance Policy, Dow Scott

Dow Scott

T he system of awarding annual across-the-board merit raises— central to how most employees are paid—no longer makes sense.


Rentention Of Key Talent And The Role Of Rewards, Dow Scott Dec 2011

Rentention Of Key Talent And The Role Of Rewards, Dow Scott

Dow Scott

Retention of key talent – those employees who are the strongest performers, have high potential, or are in critical jobs – is particularly important during economic recoveries when organizations compete more aggressively for market share and talent. Key talent disproportionally contributes to current and future organization performance since key employees often become organization leaders or employees with unique skills. In today’s world it is more challenging to hide your top talent because of social media applications like Linked In openly promote their capabilities and accomplishments. Furthermore, top talent can compare the “deal” or pay package they currently receive with that …


Retention Of Key Talent And The Role Of Rewards, Dow Scott, T. Mcmullen, M. Royal Dec 2011

Retention Of Key Talent And The Role Of Rewards, Dow Scott, T. Mcmullen, M. Royal

Dow Scott

No abstract provided.