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 ...
Creating compensation plans that are both fair and financially sustainable is a challenge for any organization. Leaders must navigate pay transparency, market benchmarks and budget limits while ...
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, ...
As the job market continues to evolve, the cost of living, salaries, and benefits are all rising globally. This quick evolution presents a difficult challenge for hiring managers and HR reps who want ...