There is one overriding principle that should guide every compensation decision: Pay for what you want to happen. If you want profitable sales, then your plan must explicitly reward profitability (not ...

JDJournal is pleased to present a clear, practical overview of partner compensation models in law firms, a topic that continues to shape career paths, firm prof ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. A strong compensation strategy helps an organization ...

Creating compensation plans that are both fair and financially sustainable is a challenge for any organization. Leaders must navigate pay transparency, market benchmarks and budget limits while ...

The companies that thrive will be those that treat layoffs as a last resort, embrace pay transparency and balance fairness ...

Organizations that have not already transitioned to using wRVUs from the current Medicare Physician Fee Schedule (MPFS) should plan to make the switch sooner rather than later. Due to the complexity ...

What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...

Susana Sierra is CEO of BH Compliance, a governance and compliance firm that developed G-Metrix to measure governance effectiveness. A well-designed compensation system is an essential pillar of ...