For example, based on extensive cost analyses prepared by CEO, the Board may determine that a two percent cost-of-living increase is in order for the year ahead. The compensation team executes these salary adjustments, and is also heavily involved in labor negotiations, with 61 bargaining units and two fringe benefits agreements. For instance, some unions may believe their members deserve a higher increment due to shifting job requirements, or due to attrition in the surrounding workforce. Analysts in CEO perform all the research to determine whether these increases and adjustments are warranted. Information Builders’ business intelligence (BI) and analytics platform, WebFOCUS, allows them to access relevant data on demand, as well as to make a solid business case to support new compensation proposals.
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