01/10/2012
The average pay raise will be modest this year—around 3%—compared to about 4% from 2005 to 2008, just before the economy tanked. Here are a dozen pay trends to consider as your organization weighs how to structure compensation in an age of diminished expectations.
01/09/2012
Slower economies tend to reduce employers’ incentives to say “thank you,” either with pay, perks or actions. Still, a 3% dip in the percentage of companies using recognition programs since 2008 doesn’t suggest a permanent decline, according to a survey by WorldatWork. Eight tips to create a recognition program that drives performance: