Entries by Neil Lappley

[MARCH 2016 COMP ALERT] Pay Preferences [Employee Characteristics]

Companies today are managing more diverse workforces. Pay programs must be designed to attract, retain, motivate and engage employees who have very different pay preferences from employees even a decade ago. A recent study lead by Professor Dow Scott, Professor of Human resources at Loyola University Chicago, along with several other faculties at universities throughout the world, […]

[JAN 2016 COMP ALERT] 2016 Compensation Outlook

As we begin a new year, this eNewsletter Compensation Alert reflects on some of the 2015 compensation trends and makes some projections for the upcoming year. But before getting into a compensation-specific discussion, let me review some broader economic figures. Unemployment Unemployment is around 5.0 percent, down from 5.6 percent at the end of 2014. […]