The Big Shift From Salaries To Bonus-Based Pay
More American workers are seeing their compensation tied to performance metrics, a shift from traditional fixed salaries. A 2024 survey by Alexander Group found 28% of over 300 companies are incorporating incentive pay into new roles, extending a practice once limited to sales and executive positions. Employers argue this model boosts productivity, while some workers report earning less than expected, WSJ reported Monday.
Read more of this story at Slashdot.
More American workers are seeing their compensation tied to performance metrics, a shift from traditional fixed salaries. A 2024 survey by Alexander Group found 28% of over 300 companies are incorporating incentive pay into new roles, extending a practice once limited to sales and executive positions. Employers argue this model boosts productivity, while some workers report earning less than expected, WSJ reported Monday.
Read more of this story at Slashdot.