This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Employees of all stripes often receive bonuses around ...
Broad-based variable pay concepts and practices have experienced significant transformation over the last two decades. While executives have historically participated in bonus arrangements, the ...
Improving performance represents a key goal for every business. Variable pay programs can help businesses achieve that goal. Better known as pay-for-performance, variable pay programs offer financial ...
PEORIA, Ill (Reuters) - Caterpillar Inc (NYS:CAT) has put workers on notice that its short-term incentive plan, the centrepiece of a performance-based, profit-sharing program, will make its smallest ...
An ADP study shows that total compensation, including variable pay such as bonuses, can contribute to the gender pay gap, reports the HR Daily Advisor. The payroll firm’s study found a 28% gap in ...
For the full year, net profit jumped 26% to a record SG$10.3 billion compared to SG$8.19 billion in 2022. The Singaporean bank reported fourth quarter net profit of 2.39 billion Singapore dollars, 2% ...
Companies are offering 10-25 percent increase in variable pay as incentive to retain and attract talents, especially in the IT, FMCG, e-commerce, BFSI and telecom sectors. TeamLease Services Head of ...
Tata Consultancy Services (TCS), country’s largest IT giant, has rolled out quarterly variable pay (QVP) for October-December ...
FOR DECADES, MOST companies that employ project managers have made percent-of-earned-extra-job-profit a key part of those PMs’ compensation packages. Such pay-for-excellent-performance incentives have ...
IT giant HCL Tech has announced its plan to change its quarterly variable pay policy to fixed salaries for all employees and roll out salary increments from October, following last year's process. “We ...