The restaurant business can be fragile. Success depends on word-of-mouth from customers and reviews. If the food is good, prices reasonable, and ambiance inviting, you might have lots of customers but ...

For all the talk about creating better incentive plans for employees, many proposed ideas are still off the mark. One reason is that managers tend to ignore insights from academic research, while ...

Learn what employee performance measurement tools are, what their benefits are, and some of the top software to use in your ...

Last month, guest columnist Ken Hedlund of Somerset CPAs contributed the first in a two-part series on the topic of compensation plans and how to structure them to incentivize your employees. (To ...

A performance improvement plan, or PIP, is a formal, structured and specific plan that outlines a performance problem and steps for improvement. As a company leader, you can use a PIP to develop an ...

As the U.S. economy continues to work its way back from the recession and the jobs market gradually improves, companies should review their executive compensation arrangements, both in recruiting new ...

Title: Performance Planning and Evaluation Policy for Professionals Effective Date: July 1, 2010 Responsible Office: Human Resources Last Updated: May 2, 2016 Employee Type: Professionals and ...

I've worked for my company for four and a half years. Every year I've had a Very Good or Excellent performance appraisal. However, I just got put on a Performance Improvement Plan. I was completely ...

well-crafted performance plan informs employees of the criteria that will be used to evaluate their performance several months into the future. Every employee's performance plan should align with unit ...

In a recent Compensation Committee meeting, one of the executives participating in the meeting asked whether or not I favor Total Shareholder Return (TSR) as a performance measure for performance ...

In the past, many employers have used a discretionary bonus system. However, the use of pay-for-performance compensation plans has become increasingly popular. “The process is changing because boards ...