Chief Executive

DECEMBER 20, 2022

A January 2022 Conference Board C-Suite Challenges Survey reported that the primary internal business challenge facing senior leaders is the attraction and retention of talent. So, they absorb a one-time increase in variable costs as opposed to building in additional fixed costs by providing more aggressive base salary increases.

Compensation 97

Compensation Variable Costs Retention Fixed Costs 97

AIHR

OCTOBER 12, 2022

Lowering fixed costs: Variable pay programs allow you to lower base salaries because you’re offering employees the prospect of earning additional money. This helps you reduce fixed labor costs. Moreover, since employees are rewarded through business profits, this extra pay isn’t part of your operational expenses.

Compensation 107

Compensation Benefits Metrics Implementation 107

AIHR

APRIL 20, 2023

Similarly, L&D professionals have also struggled to provide an informed perspective of the risks associated with not developing individuals, and specifically how this will impact the ability of business to operate. The majority of budget resides in fixed costs related to headcount.

Sales 67

Sales Sales Fixed Costs Marketing 67