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worker compensation Tagged Articles
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What’s Wrong With Michigan Workers Compensation? Worker Who Defended Customer Left with $300,000 Medical Bill By McDonald’s
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| An employee working for McDonald's tried to help a customer, who was being badly beaten in the restaurant, was shot three times and had to undergo three surgeries which cost more than $300,000. The insurance company for McDonald's refused to pay the hospital bill. What's wrong here? |
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Other worker compensation Related Articles
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Ask the Expert: Partner and Alliance Manager Compensation
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| 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. |
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Deaf Ears Still Need Communication
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| Amanda had a hearing disabled worker to place for employment. She called a potential employer, and was rebuffed. Jack said, "We've already got a deaf worker and he's just not working out."
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Compensation Definitions: Basic Must Knows for the Entrepreneur or Employee
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| 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.
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Compensation Definitions: More Must Knows For the Entrepreneur
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| 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. |
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Flexing Your Fiscal Muscle
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| Walt Disney went bankrupt several times, yet he always bounced back-and created Disneyland in the process.
Steve L. was the proud and profitable owner of a gold mine in another country. He was sitting on top of the world when the government nationalized his business, taking over his mine and providing no compensation. He lost it all overnight, and yet he picked up the pieces and started all over again.
David Butler was raised on an Indian reservation. David's family lived on dirt floors well into his teens in spite of his father being a hard worker. They managed to get by but never seemed to get ahead. |
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Compensation and Performance
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| 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? |
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Show Me The Money - Network Marketing Compensation Plans Compared
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| 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. |
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Sales Compensation Plans: Improve Your Plan to Boost Your Profitability
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| 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. |
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Sales motivation and Compensation Planning
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| 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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Employee vs Independent Contractor
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| If you own a small business or are thinking about starting one, you will need to have a good understanding of the difference between a regular W-2 employee and a 1099 independent contract. It is usually more beneficial for an employer to have a contractor rather than an employee because the employer does not have to spend the time and effort to do payroll for that worker. Unfortunately, you don't get to just choose which status you put a worker into. The IRS forces you to choose one status or the other based on your relationship with a worker. The more supervision you have over a worker, the more likely it is that the worker should be a W-2 employee. The more independence they have, the more likely it is that they should be a 1099 contractor. |
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