At Michigan Tech, it is our people who make our University so special and who drive the fulfillment of our institutional mission. As outlined in Michigan Tech's Strategic Plan, the University is ...

Typically, an employee will not be paid below the minimum pay grade assigned to their position. An employee who may not be performing adequately may be paid a lower salary. In a case where an employee ...

The technology industry has long been a fast-paced world driving a competitive environment to attract and retain highly skilled top talent. One of the key factors that entice skilled professionals to ...

Salary transparency and pay equity were top of mind in 2022. This year is proving to be no different: One of the top 2023 DEI trends HR Dive sources identified was continued conversation about pay. In ...

Pay bands, while not necessary, can be a critical part of a compensation strategy, experts say. Used effectively, such structures can help employers maintain competitive salaries, track pay equity, ...

A lot more goes into compensation management than just giving your employees some money and hoping they will stay. A well-thought-out strategy can be the difference between a mass exodus and long-term ...

The current auto industry labor negotiations have sparked a lively debate about the efficacy of adopting or maintaining a tiered pay structure for a manufacturing workforce. While some may argue that ...

Instead, each officer’s annual base salary will be increased by an amount equal to their previous maximum annual bonus target. This adjustment means that the total potential annual cash compensation ...