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Compensation Definitions: Basic Must Knows for the Entrepreneur or Employee
Have you ever been in a staff meeting or other location and had a visit from a Human Resource Professional to discuss Compensation? Or maybe you’ve inquired about salaries or hourly rates – and have you been bombarded with terminology. Here are some basic compensation terms with definitions that will help you sail through those meetings looking like the entrepreneur that you are.

Other compensation philosophies Related Articles

Ask the Expert: Partner and Alliance Manager Compensation
The debate continues to rage about the best compensation structure for partner managers. Recently BMG sat with a round table of chief executives, financial and alliance officers to discuss the merits behind the plethora of compensation structures available. The group didn’t agree on salary figures, commission percentages or bonuses, yet they did agree on one thing: the compensation structure MUST create the right motivation and this falls into two camps: strategic or tactical.

Compensation Definitions: Basic Must Knows for the Entrepreneur or Employee
Have you ever been in a staff meeting or other location and had a visit from a Human Resource Professional to discuss Compensation? Or maybe you’ve inquired about salaries or hourly rates – and have you been bombarded with terminology. Here are some basic compensation terms with definitions that will help you sail through those meetings looking like the entrepreneur that you are.

Compensation Definitions: More Must Knows For the Entrepreneur
As an entrepreneur you must be a jack of all trades at times. As your business grows, you will need to become at least minimally versed in the area of compensation. After all, paying people is a key to keeping them around. This article will deal with some of the terminology used when describing a compensation program.
Being prosperous is your job
Language gives human beings the ability to invent brilliant philosophies but some are counter to our biology, physics and mechanics. Go ahead, have altruistic philosophies, I do. Just make sure they don't violate the laws of your biology. The herd has been thinned for millions of years. You are it's best material to date. It is time to be prosperous. It is your job.
Compensation and Performance
Does compensation really drive top performance? Well we've certainly seen a lot of people being paid a lot of money for not performing so what's up? If you have someone who is the right person for the job and they have shown promising results then it is probably a good investment to up the compensation. But compensating the wrong person is never going to make them the right person for the job. And your results will suffer in 9 different ways. What questions should you be asking yourself as you consider executive compensation approaches?
Show Me The Money - Network Marketing Compensation Plans Compared
There are so many network marketing companies to choose from, how do you decide which one has the best compensation plan? By understanding how the top three or four compensation plans work, you will be on your way to making an educated decision that will put you on the path to success.
Home Based MLM Business – How To Find The Best Compensation Plan!
A home based MLM business? What about the compensation plan? Will you actually make any money from this type of business? How do you find a compensation plan that works for you?
It’s Not Just Who You Know … It’s Who You Associate With!
I am always amazed when I see a couple who has been married for several years and they have adopted each others mannerisms and facial expressions. Sometimes it seems as though they underwent some crazy DNA experiment and were morphing into each other. It's not that difficult to understand how it happens when you think about it. We all share little sayings, inside jokes, private stories, and even similar philosophies on life. After all, your spouse is the person you spend the most time with. Well ... in most cases. :) These same traits, philosophies, and mannersims are transfered into our children as they are being brought up and maturing into adults. Although our children share our DNA and are predisposed to looking like us, there are many other characteristics they pick up from associating with us throughout their formative years.

Sales Compensation Plans: Improve Your Plan to Boost Your Profitability
Everywhere I go, CEOs complain that their sales compensation plans don’t seem to work as well as they had hoped. A bad sales compensation plan effectively converts “pay-for-performance” into “pay-for-non-performance.” If your sales incentive plan doesn’t create a win-win-win-for you, your salesperson and the customer-it is bound to fail sooner or later. Here are six key features of a winning sales compensation plan.
Sales motivation and Compensation Planning
Performance based compensation works very well as a means of motivating sales people. Sales people who are paid commission, tend to be guided by their compensation plan. Read this before you redesign your sales compensation plan.
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