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Understanding compensation - healthcare and retiral plans
Employee sponsored healthcare and 401K match are substantial cash equivalent benefits. These can be a 10% - 25% boost to pre-tax income.
Jun 25 min read
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Understanding compensation - Fixed and variable
Fixed and variable are the two main components of cash compensation and are adjusted for special skills, work situations and performance
Apr 35 min read
37 views
Why pay fixed compensation to salespersons?
Compensation is pay for performance and outcomes. Sales teams are employed to win new business. They can be compensated when a sale is...
Jun 1, 20224 min read
101 views
Variable compensation - Why?
In many roles, a variable component of compensation is added to the pay plan. This could be in the form of an incentive, a bonus or a...
May 2, 20224 min read
87 views
Will performance impact fixed pay?
Compensation is pay for performance. It is in proportion to the performance or output delivered & paid when it is delivered. In most...
Mar 1, 20225 min read
63 views