Are You Spending Your Company's Compensation Dollars Wisely?

Research output: Contribution to journalArticlepeer-review

Abstract

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.
Original languageAmerican English
JournalBloomberg BNA
Volume20
Issue number23
StatePublished - Nov 14 2012

Keywords

  • evaluation
  • pay programs

Disciplines

  • Human Resources Management

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