Lauren Weber
speaker
740 appearances
12 recordings
1 series
first heard Jul 2017
last heard Dec 2024
Lauren Weber’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
WSJ Your Money Briefing · Why Companies Are Reviewing Pay Raises More Than Once a Year · 23 Feb 2022
podcast
And that's when the difference between the pay of new employees and the pay of more tenured employees who have more experience, that difference shrinks because the newer employees come in at a higher pay rate than maybe they did in the past.
This is a concern because you don't want your tenured employees who have been loyal and they want their skills and experience rewarded, you don't want them to feel that they're being paid at the same, sometimes less, or maybe only a little bit more than new employees.
Obviously, people who have been around for a while, they want their experience recognized in their compensation.
They want to be rewarded for their loyalty, for their experience, for their skills.
So, CoorsTek, the company I mentioned at the beginning, they are...
doing these quarterly salary reviews partly to make sure that they are adjusting pay for their existing employees or tenured employees who have been loyal and making sure that they're not being disadvantaged just because maybe they were hired in a less competitive market.
Yeah, there are many ways companies look at rewarding people and that might mean spot bonuses.
So you raise somebody's salary and you're basically, you can't take that back if you're an employer.
So that has a very long lasting effect.
Some employers are trying to get around the idea of,
creating these long-term expenses by doing more spot bonuses, or maybe they're improving benefits, or, you know, sort of looking at different ways to make a job better.
It might not even be compensation related.
It might mean, you know, improving the culture of a company.
So companies are looking at all kinds of ways that they can retain people.
Compensation is just one lever.
So Scott, thank you for being with us.
I want to start with you today.
There are 738,000 credentials in the United States, education and training credentials.
Why has the number increased so much?
I mean, I assume it has a lot to do with the fact that there are so many more online options.
Showing 241–260 of 740 · page 13 of 37
← Previous
Next →