Hot Button ~ Employee Pay vs Performance
A smart piece by Andrea Coombes at at CareerJournal.com – "Is the Pay Gap Between Execs And Average Workers Too Wide?" – hits on the disconnect between employee pay and performance. No doubt, this is a hot-button issue – and rightfully so. Employers and employees – not to mention company shareholders – deserve a process whereby compensation and performance is closely correlated, tracked and communicated among authorized parties. Of course, automation is central to making this happen, and Workstream is contributing a solution. Apparently, companies are getting the message: 41% of workers say their pay is based on performance, up from 35% a year ago, according to a survey cited in the article.What's your experience with this hot button issue...?
