Some things are easy to measure: revenue per quarter, profit margin, average incentive pay received by employees per month, and so forth. Other things, like measuring the increase in revenue or the change in profit per dollar spent on incentive pay, are a bit more difficult. But it's these... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
To plan any kind of communication, you begin with the end in mind. Yes, it's an act of imagination. Yes, I know that compensation practitioners don't feel comfortable with imagination but, face it, you worry too much. Really, most anything you cook up about the employee reaction to the... Read More
Editor's Note: If you've spent any time in the rewards field at all, you realize that each manager has their own unique point of view regarding compensation, born of their own experiences on the giving as well as the receiving end of pay decisions. One of the most significant shapers... Read More
Is everything you do necessary? Perhaps, I should ask the question differently. Is everything you do making it easier to get everything done? Today’s post is about the practical. It’s so practical that it applies to just about everything, including compensation. I was working with a client... Read More
Editor's Note: In today's Classic post, Derek Irvine gives us a memorable example of an organizational issue with potentially profound impact on service and results, which can't be fixed (though someone is always trying, it seems) by pay alone. What is your usual experience at... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
Our Best of the Force series highlights some of the most popular posts from our archives. As an independent advisor, I am often called in to help with situations where compensation has become a very emotional and even intractable problem. Having the opportunity to work with -- and through --... Read More
A colleague of mine in the staffing field shared this excerpt from the cover letter sent in by a prospective job candidate: My salary requirements are based on what's required to provide shelter and feed my family and will require some added perspective about what it is you require. Good of... Read More
If there is a universal experience that we all share as we gain experience in the discipline of employee compensation, it's the realization that there is a knee jerk tendency among our clients -- from front line supervisors to senior managers -- to assume that every employee issue can be... Read More
Our Best of the Force series highlights some of the most popular posts from our archives. I like to argue that we should be holding our compensation programs - and the money they represent - to a higher standard. Research examining how well company strategy delivers on its potential - and where... Read More
How big should your HR staff and budget be? While this is a question best answered in the context of your unique talent strategy -- what it will take to execute that strategy to drive organization success and what role HR plays in making that happen -- benchmarks can sometimes provide a helpful... Read More