Starting Pay: Difference between revisions

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*Starting pay out of college is about $36 for education and almost 2x that in engineering - [http://time.com/money/collection-post/3829776/heres-what-the-average-grad-makes-right-out-of-college/]
 
*By age, 20-24 yo earn only $39k, and rise $10k every 10 years. [https://www.bankrate.com/loans/student-loans/average-college-graduate-salary/#age]
*Starting pay out of college is about $36k for education and almost 2x that in engineering - [http://time.com/money/collection-post/3829776/heres-what-the-average-grad-makes-right-out-of-college/]


=Incentives in Pay=
=Incentives in Pay=
*How to create incentives that work - [https://www.forbes.com/sites/fotschcase/2015/08/24/incentive-plans-that-actually-work/#281454df61e6]. SUmmary: bonus should be objective, transparent, and generous.
*How to create incentives that work - [https://www.forbes.com/sites/fotschcase/2015/08/24/incentive-plans-that-actually-work/#281454df61e6]. SUmmary: bonus should be objective, transparent, and generous.

Revision as of 05:00, 24 May 2024

  • By age, 20-24 yo earn only $39k, and rise $10k every 10 years. [1]
  • Starting pay out of college is about $36k for education and almost 2x that in engineering - [2]

Incentives in Pay

  • How to create incentives that work - [3]. SUmmary: bonus should be objective, transparent, and generous.