Barry Gerhart, Bruce Ellig Distinguished Chair in Pay and Organizational Effectiveness at the Wisconsin School of Business.
The Wall Street Journal recently published an article about the job market in 2015 and the advantages that job seekers now have in the current marketplace.
“New Year, New Job? Read This First,” references research by Barry Gerhart, who is the Bruce Ellig Distinguished Chair in Pay and Organizational Effectiveness in the Management and Human Resources Department at the Wisconsin School of Business, and Meiyu Fang of National Central University, Taiwan. The article examines how an employee’s rank within the company affects the amount of his or her bonus.
According to Gerhart and Fang, workers tend to receive bonuses amounting to slightly more than 4 percent of their salaries.
To read the full article, which includes a wealth of information for job seekers, visit The Wall Street Journal website.