Found a quick but good little article from Wharton that reminds us that Job Titles need to be different in Asia to facilitate the recruiting process. I am sure this will make Compensation Professionals groan – but helpfully over time the titles will standardize. Source: http://knowledgetoday.wharton.upenn.edu/2012/09/why-job-titles-are-key-for-recruiting-in-asia/ Posted with Blogsy
The Wall Street Journal published an article about a Wharton study that shows that options are losing favor with employees. (Source: Stock Options, or Not? – WSJ.com)
This is a very interesting paper on how the gap between male and female pay changes if the CEO has daughters. http://www.batz.ch/wp-content/uploads/DaughtersofCEOs.pdf
Many regions in China are trying to tackle the income distribution problem, and are raising the minimum wage. What will surprise you is that many are raising the amounts by double digits. For instance, Guandong’s increase was 18.6 percent. Click thru to the source for more detail. From a HR workforce planning perspective – you
Warren Heaps has provided a great post that gives an overview of Africa Compensation theories.
Bloomberg had a great article that gave an overview of how the recession, and regulatory environments are affecting the trading portion of the financial sectors. The article gives a specific breakdown by bank. An interesting note, is that in order to protect the bank’s interest, more banks are paying out bonuses using a portion of