Quick Takes: Quick Takes — July 17, 2007

Workers to Employers: Show Us the Money


Pay gap widens between high performers, low performers.
By Garry Kranz

Money Still Talks: Despite talk of flexible schedules and other perks, employees say earning more money remains their chief wish. According to a study by consulting group Hudson, 41 percent cite increased pay as the biggest factor in increased satisfaction, with better health benefits a distant second (21 percent). Also, pay for performance appears to be working, at least for most people. Roughly 79 percent of workers whose pay is based on performance are pleased, while 60 percent are discontented. And even though momentum is building for “say on pay” initiatives, nearly half of all employees say senior executives deserve what they earn, with 39 percent saying top leaders rake in more than they are worth.


Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.


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