Fiscal Management of Compensation

A Survey of Members of WorldatWork

Survey

This report summarizes the findings of a survey of WorldatWork members of fiscal compensation management policies and practices. The survey queried compensation managers about: Their role in the compensation fiscal management process, how compensation expenses were budgeted, which fiscal management tools were in place to control these expenses, which pay and performance links were used to distribute pay and the effectiveness of the fiscal management policies and practices in their organizations.

Survey Results

This report summarizes the findings of a survey of WorldatWork members in November 2004 of fiscal compensation management policies and practices. More than 600 compensation professionals, typically at the manager or director level, completed the survey. To provide a more thorough evaluation of compensation fiscal management practices, companies identified by Fortune magazine as one of “America’s Most Admired Companies” were compared to a sample of similar sized companies that did not achieve this designation.

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  • 2005
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