May 17 2011
Companies tie more of workers’ pay to performance
Employers are coping with lingering uncertainty and slow growth by passing risk on to employees through more pay-for-performance. But Institute for Compensation Studies Director Kevin Hallock warns in the Wall Street Journal’s Digital Network “MarketWatch” that employees may prefer a different approach. Hallock says they may be “interested in a more stable job with lower total compensation than a riskier job with higher compensation. Everybody is a little more worried about risk than they were in the summer of 2008.”
Read Hallock's complete comments in WSJ’s MarketWatch.