This week's Compensation Daily Advisor covers regression analysis, profit sharing, and the qualities of great leaders.
For a Limited Time receive a
FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with
customized information for your industry, location, and job.
Get Your Report Now!Regression Analysis: Setting Pay Levels with Precision
--Regression analysis is commonly used in compensation to match, verify, or predict salary levels. In today’s Advisor, Consultant David Wudyka clarifies how to use the technique.
Regression Analysis: a Case Study
--In Monday's Advisor, consultant David Wudyka clarified the use of regression analysis and correlation analysis in compensation. Today, he offers a real world example of how to do the analysis.
Profit-Sharing Primer—the 3 Types of Plans
--A profit-sharing plan is a group incentive plan that includes all employees in an organization and that focuses on overall business unit profit (or a similar bottom-line financial goal). What are the advantages and disadvantages?
Goal-Driven Profit-Sharing? Sure
--Wednesday's Advisor covered straight and hurdle-rate profit-sharing; today, goal-driven profit-sharing plans.
Hitting the Team Member Trifecta—Not Easy, But Necessary
--In today’s Advisor, business and leadership blogger Dan Oswald offers his thoughts on qualities of great leaders. (Oswald, CEO of BLR® offers these thoughts weekly in The Oswald Letter.)