How to Get a Raise: Examining, Researching and Explaining Your Worth

Do you feel you’re paid what you’re worth? If not, preparing to ask for a raise can be a daunting process. But, with a few simple steps, it doesn’t have to be.


What Is an Industry Code and How Should It Be Used for Benchmarking?

Many people today don’t really know what their actual industry is. The answer is important because pay varies by industry, and most pay surveys are industry-specific


The Merits of Merit Pay for Teachers

The merits of merit pay for teachers should be discussed by experts on merit pay and pay for performance.  Politicians, parents and other interested parties all have a lot to say about the topic, but the opinions of compensation professionals is often overlooked.


Emerging Jobs and Salary Levels in the Health Care Industry

What salary levels can be expected for key jobs in the health care industry? Since the health care industry is going through transformation due to legislative reform, as well as increased merger and acquisition (M&A) activity, certain jobs will increase in demand and their salary levels will be impacted as a result.


As Cash Bonuses Decline is Total Compensation Reduced

Wall Street firms cash bonuses (includes cash incentives) have swiftly declined since 2006 as reported by NYC Comptroller, Tom DiNapoli, over past few years through press releases:


Unions Impact Wages, But How Much?

While unions have a significant impact on wages as well as overall compensation and benefit levels, the size of the impact is influenced by occupation, industry, employer size, and geographic region. The 2010 annual report on Union Members prepared by the Bureau of Labor Statistics (BLS) shows current union membership rate at about 12% (14.7 million members), but there is a huge difference in the degree of organization by type of employer. Public sector workers are over 36% organized, while only about 7% of private sector workers are represented by unions (note that there are five times as many employees in the private sector).


Executive Compensation: Say-on-Pay

This week the SEC approved the non-binding say-on-pay rule. This is one component of the executive compensation provision of the Dodd Frank Act, a comprehensive financial regulatory reform enacted due to the collapse and near demise of many industry giants, namely Lehman Brothers and AIG. The executive compensation provision restricts executive pay in order to discourage companies from awarding lucrative packages that encourage risky behavior.


Next Entries


Favorite Links

Twitter Updates