Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of ...
The technology industry has long been a fast-paced world driving a competitive environment to attract and retain highly skilled top talent. One of the key factors that entice skilled professionals to ...
The new labour framework mandates restructuring of wages to ensure basic pay and dearness allowance form at least half of ...
Hospitals and health systems have shown a growing interest in acquiring physician practices in recent years. The percentage of non-independent, or hospital-employed, physicians has risen to just more ...
As your small business grows, part of your long-term planning will involve managing your labor costs. In addition to looking at the quantity of your budget you spend on staff, you'll also need to make ...
A lot more goes into compensation management than just giving your employees some money and hoping they will stay. A well-thought-out strategy can be the difference between a mass exodus and long-term ...
As the end of the year approaches, many firms may be pondering a change to their compensation structures for next year. Processing Content Although it is extremely critical to develop a salary plan ...
Curtis Bernstein, CPA, CHFP, ASA, of Altegra Health discusses how healthcare providers can successfully implement a value-based physician compensation structure. Hospitals and health systems have ...
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