June 2010

June 21, 2010

Employee Compensation: Know the true costs of employment and optimize them to benefit employers, employees

KEY FINDINGS
· While most employees—and possibly some employers—think of employee compensation primarily in terms of “wages” or “salary,” many employees’ total compensation packages add up to a significantly larger figure.

· Many employees don’t understand the actual costs of their total compensation packages.

· Many employers do not adequately communicate to employees the cost of benefits they provide.

· Different employees place different values on specific benefits.

· Offering choice over the mix of compensation has some costs, but can benefit both firms and employees.

Recommended Citation
Center for Advanced Human Resource Studies. (2010, June). Employee Compensation: Know the true costs of employment and optimize them to benefit employers, employees (CAHRS Research Link No. 8). Ithaca, NY: Cornell University, ILR School.

June 16, 2010 by

Managing Psychopathic Employees

The past three decades have seen one ethics debacle after another. No one knows if business ethics have changed since the days of Jay Gould and the robber barons, but the corporate scandals of recent years make it seem as though ethical standards are worse now than in the nineteenth century. [click to continue…]