Early Stage Compensation: What’s the Average Recruiter Worth?

If you guessed that the typical recruiter earns an average $54,530 as of May 2009, congratulations — you are correct (and probably psychic).

Image provided by: opensourceway

Of course, this number will vary depending on your location and the density of recruiters in the area, writes Gregory Hamel, eHow contributor. Regions with high concentrations of recruiters included Washington D.C., Nebraska and Massachusetts. Seemingly coinciding with the number of recruiters in the area, recruiters from these locations tended to make more money than their counterparts. Whether you’re concerned about what to pay your recruiters or just scouting the competition,…

Why Startups Don’t Have to Settle for Subpar 401(k) Plans

For years, many startup and expansion stage founders or CFOs have been charged with setting up 401(k) plans for their employees that paled in comparison to the ones offered by their larger corporate competitors.

Image provided by: MJTR

As Allan S. Roth discusses in an excellent article for Inc.com, those small business 401(k) plans were wrought with fees that were so well disguised that most employees investing in them didn’t know how badly they were being gouged. As a result, Roth points out, that left startup founders to make one of two choices: either pay high…

Will Higher Salaries Lead to Tougher Hires in 2012?

As the job market continues to accelerate, increased salaries are becoming demonstrative of the competition between employers.

Image provided by: tychay

A recent study on salaries conducted by Robert Half International, a staffing firm, shows that salaries in some industries are expected to grow by as much as 4.5 percent. Topping the list is the IT support industry, which will see its starting salaries increase by a staggering 4.5 percent, across the board. According to a contributor for the recruiting website ERE, John Zappe, recruiters in these industries can expect to pay a premium for new hires, especially if…

Readying Your Company to Compensate Employees Based on Customer Reviews

Companies are becoming increasingly interested in harnessing metrics-based compensation plans to motivate and reward employees.

Image provided by: Ian Sane

As this emerging trend unfolds, a need to maintain a standardized assessment and compensation model has become apparent. Customer satisfaction expert Rob Markey has probed this topic in a recent Harvard Business Review article about preparing a company to take on a customer-based employee compensation program. Markey writes that when companies produce drastically differing assessments of customer satisfaction from year to year, without any sense of what’s prompting the unpredictability, that’s a variable that can’t be present in…