This week's Compensation Daily Advisor covers merit increases, step-based pay, expense reimbursements, and leadership.
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Do Merit Pay Systems Work? NO, Says Expert
Is merit-based the most effective way of structuring pay? “No,” says consultant John Rubino, “I have never met a merit increase base salary program that I liked, and that was effective and motivational.”
What About Step-Based Pay? Good in Some Situations
Yesterday’s Advisor, consultant John Rubino discussed why merit programs don’t work. Today, his take on variable and step-based pay systems.
IRS and Expense Reimbursements—Don’t Get Stuck with the Taxes
IRS guidelines for expense reimbursement are relatively clear, as long as you don’t pay beyond the agency’s limits. However, reimburse beyond the guidelines without sufficient documentation, and the employee could be taxed on the whole amount of the reimbursement.
Expense Reimbursements: Don’t Get Tripped Up by the Taxes
In yesterday’s Advisor, we featured results about healthcare benefits from the Society for Human Resource Management’s (SHRM) 2014 Benefits Survey; today, the survey’s results for other types of benefits.
Chick-fil-A Founder—Embodiment of Servant Leadership
I’ve been thinking a lot lately about the phrase “servant leadership.”