Week of March 20, 2017
  THE COMPENSATION MODEL      
 
 
The compensation discipline seeks to maximize competitive advantage by attracting and retaining the most qualified workers to an employer. Best practice in today's workplace considers total compensation to include base salary, bonus or incentive plans, benefits, and non-cash compensation. A pay philosophy is a company's commitment to how it values employees. 
 
NEWS FROM AROUND THE WEB
Migrating Data to the Cloud Can Be a Quick Win

There seems to be consensus in the hotel industry that technology should be migrating toward cloud-hosted platforms, rather than on-premise systems built in-house.

(HOTELS) Read More
How Will You Be a Global Catalyst for Change?

In essence, change can be translated as welcoming new trends, either by adapting or by leading those shifts from the status quo.

(HospitalityNet) Read More
How the Design of Hotel Rooms Makes Housekeepers Invisible

Margie Garay, a former director of housekeeping at New York City's Four Seasons Hotel on 57th Street, extolls the virtues of turndown service, the nightly ritual of a second visit from housekeeping that's only an amenity at the most luxurious of properties.

(The Atlantic) Read More
This Overlooked Technology Reduces a Major Hidden Cost

The adoption of electronic medical records (EMR) was supposed to be widespread, moving us away from paper records and slashing the need for printing in hospitals and healthcare agencies.

(Healthcare--Business & Technology) Read More 
Healthcare Leaders Cite Cost Management as Top Priority Amid Potential ACA Changes: Nine Survey Findings

Premier surveyed nearly 65 healthcare C-suite leaders between Jan. 3 and Feb. 6 on how the current political climate is affecting business decisions and investment strategies for hospitals and health systems.

(Becker's Hospital Review) Read More
NQF: Feds Must Eliminate Ineffective Quality Measures

For the first time in its six-year history, the National Quality Forum's Measure Applications Partnership is advocating that federal agencies remove several healthcare performance measures.

(Fierce Healthcare) Read More 
The Future Worker Redefined--From Employee to 'Contributor'

The word "contributor," not "employee," will be a better representation of a worker in 2025, according to 47% of companies and 57% of workers. The findings come from a study from Randstad US, an HR services and staffing company in the United States.

(HR Daily Advisor) Read More
The Keys to Running an Ethical Organization

Bad business behavior made front-page news, from Enron's financial cover-up, Arthur Andersen's book-cooking and Hewlett Packard's spy operations to Wells Fargo's fake customer accounts, Mylan Pharmaceutical's price-gouging and Fox News' sex scandal.

(HR Dive) Read More
Six Companies Reveal How Their Unique Cultures Make Them a Success

From a shoe-less office to being transparent, check out the successful ways the leaders at these companies have installed a high-performance culture.

(Enterpreneur) Read More 
About WageWatch Compensation Surveys

WageWatch provides valuable compensation and salary surveys online across multiple industries and geographic markets. The data has been specifically designed for human resource professionals, hiring managers, associations, employers, and other executives.  Our cost-effective online salary and compensation surveys and reports are designed to help employers with hiring employees, employee retention, employee pay and recognition, employee benefits, budget planning, market pricing jobs, and salary range decisions.

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