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"acting" allowance
Benefits & Compensation
"acting" allowance
Exchange ideas about health plans, retirement, work/life benefits, and employee assistance.
What is your views on the payment of an acting allowance, when a person acts in a higher position.
Pitfalls and benefits.
Should you have a formal policy in this regard?
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Forums » Topic Forums » Benefits & Compensation » "acting" allowance
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"acting" allowance
posted at 10/30/2000 5:55 AM EDT
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Posts: 24
First: 10/13/2000 Last: 3/7/2001 |
I worked in an organziation where the practice of providing an acting allowance was fairly common. Generally the adjustment was around 5% increase above and beyond their current wage.The one comment I have about pitfalls is thati f the employee in the acting position then applies for and is given the job, the salary negotiations can be a bit sticky. Generally, they've realized by tehn that 5% isn't going to cut it and will try to renegotiate at that point. Other than this, it is really good to reward your employees for taking on more responsibility.
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"acting" allowance
posted at 10/31/2000 6:31 AM EDT
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Posts: 47
First: 9/26/1999 Last: 6/5/2003 |
We offer temporary promotions for employees that are taking on responsiblities for co-workers and managers depending on the responsiblities that they are undertaking. Depending on the duties, the employee can receive a 5% increase or a 10% increase. The increases correspond with our promotion policy. Employees cannot be on temporary promotion for longer than 6 months. |
Forums » Topic Forums » Benefits & Compensation » "acting" allowance
