Variable pay is where workers will get bigger bucks, according to an Aon Corp. survey of 1,500 companies.
While employers are budgeting 2.9% more for base pay in 2012, 92% plan to distribute performance-based bonuses. Variable pay will account for 11.5% of employer compensation budgets.
According to a September online poll, 72% of HR Specialist readers offer some kind of variable pay.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/28336/variable-pay-is-where-workers-will-get-bigger-bucks "