Employers are in a bind: without employees, it’s impossible for businesses to grow, yet attracting and retaining new talent requires higher-than-ever wages. A closer look.
Chief Executive’s most recent CEO & Senior Executive Compensation Report for Private Companies shows 39 percent of U.S. companies reduced their CEO’s base salary in 2020 in response to the pandemic. A deeper look.
Gratitude doesn’t have to be complex to be powerful. Dr. Bob Nelson, author of 1,501 Ways to Reward Employees, offers seven simple tips.
As the economy reopens and companies transition to a new normal, leaders have an opportunity to make the changes that will pave the way for women to rise through the ranks and succeed.
In designing executive pay strategy for an uncertain 2021, CEOs and boards must reconcile their recent compensation adjustments with both new and lingering pressures for change.
This outdated law of the jungle rewards individuals over the team, which ultimately fails the customer. Here's how to update for today's business climate.
Certain functions in your business are more important than others—much like some people on your executive team are more important than others. Their compensation should reflect the value of their work.
The low number of companies that have made changes to their compensation plans suggests most boards are satisfied with how their plans have performed during this crisis.
The Covid environment has forced many talented executives to the sidelines. Seize these unique opportunities to strengthen your bench by getting smarter with your compensation program.
If you don't have a formal, long-term incentive program for your executives, it's past time to create one.