In this episode we welcome Bill Coleman, COO of Payfactors to discuss:
- Why companies are looking to be more flexible with comp programs
- The differences between entitlements and bonuses
- Are promotions happening more quickly?
- How do current compensation trends affect the war for talent?
- Why some companies have attempted to add a lottery component to their bonuses
NY Times article, “Where Did Your Pay Raise Go? It May Have Become a Bonus.” https://www.nytimes.com/2018/02/10/business/economy/bonus-pay.html
Interested in getting together with the comp community and exchanging ideas? http://www.compcon.com. Use promo code COFFEE.