John Stulak, Author at EthoTech

How to Overcome the 1 Big Drawback to Your Variable Compensation Plan (4th in a Series of 4)

By John Stulak

Don’t Let Your Variable Compensation Plan Run into Trouble Let’s talk about the elephant in the room. Setting up or managing a variable compensation plan at your company has one really big drawback: You must maintain up-to-date, transparent data. Updated, easily accessible data not only promotes better revenues, it also demonstrates that your company is honest. It shows that…

Using Variable Compensation to Improve Employee Happiness (3rd in a Series of 4)

By John Stulak

Want to Boost Employee Morale? Variable Compensation Could Be the Answer. Assuming a safe working environment with reasonable job security, employee happiness or morale usually comes from each employee’s personal calculation of salary + benefits + job satisfaction + variable compensation. And, as it turns out, variable comp can become a surprisingly hefty factor in this equation. Weighing the Full…

The Surprising Ways Variable Comp Affects Motivation (2nd in a Series of 4)

By John Stulak

Can Variable Comp Boost Employee Productivity? Find Out. Take a moment to consider labor costs across your organization. We’ve all heard the aphorism that “employees are your greatest asset,” but we all know that employees are also your greatest cost. The upshot of this is that employee productivity gains can directly result in profit gains for you. …

Crafting Your Variable Pay Program: 5 Tips for Success (1st in a Series of 4)

By John Stulak

Recognize and Prevent Potential Pitfalls in Your Variable Pay Program According to a WorldatWork survey, 84% of organizations relied on variable pay for employees in 2021. Now, with skyrocketing salary expectations across the workforce, many organizations have determined that the best way to battle pay compression is to offer more variable comp opportunities. Is your organization considering an expansion…