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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
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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
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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
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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
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