Because of the novel coronavirus (COVID-19) pandemic, businesses across a variety of industries are revising their sales compensation models. Nonprofit workforce researchers WorldatWork released a report in late April indicating that 36% of organizations had begun addressing sales compensation in light of the crisis, and another 49% were developing plans to do so. If your company is considering changes to how it compensates sales staff in a drastically changed economy, here are three of the most common actions being implemented according to the survey,
In the 1960’s we witnessed much violence in our country – the assassination of president John F. Kennedy, his brother, the attorney general Robert Kennedy, and the prominent civil rights leader Dr. Martin Luther King, all struck down by assassins bullets for all the public to see. At the end of the decade, with racial tensions high in many American cities, the flood gates burst open.
On March 27, 2020, the Coronavirus, Aid, Relief, and Economic Security (CARES) Act (the “Act”) was signed into law. A portion of the Act is intended to loosen access to retirement plan funds and provide relief for individuals impacted by the COVID-19 pandemic. This is a summary of the retirement-related provisions of the Act.
By Kayode McKinnon. In any profession, input equals output. Constantly honing your skills drives peak performance.
As we all too painfully know, the Coronavirus pandemic has dominated the news and has altered our lives for more than two months now. This ubiquitous problem has been all encompassing with worry, fear, and anxiety at the forefront of everyone’s thoughts and feelings.