Boy, that's the last question that I'd want to hear anyone asking right now. In fact, I'd be surprised if there weren't some of you who've gotten ticked off just hearing it. After all, how many times can you pull the rabbit out of the hat? 2020 has just been too much. 71%... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
Editor's Note: Joy at work? We'll take some of that! Its a good time for Chris Dobyn's Classic reminder that work can be satisfying, often despite the best efforts of management and our reward policies. Let’s face it, despite what any employer does to try and make the work... Read More
We tend to do things the way we have seen them done. Our ice cream is sweet. Our pizza is savory. Our soups are hot. And our pay tends to stay very close to the 50th percentile. While these are all norms, there are alternatives to each. Just because you haven't tried them, or perhaps even... Read More
Editor's Note: Communication through all phases of an acquisition is critical to integration, a lesson many organizations continue to insist on learning the hard way. Enter Jacque Vilet with her Classic post. Years ago a corporate lawyer in London said this about acquisitions: “Just do... Read More
A disgruntled employee has come to see you. “Bob Carter” has always been considered a rock solid, dependable worker; someone his supervisor has consistently rated “satisfactory” on your company’s performance rating scale. But Bob is not happy with his pay increase. He’s at your... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
Need more proof that carelessly designed incentives can do more harm than good? Check out Wikipedia's list of perverse incentives. Perverse incentives, by definition, are those that produce unintended negative consequences. A few laughs and some solid food for thought. A couple of my... Read More
The path to value creation, according to many in the private equity sector, is through return on invested capital (ROIC). Indeed, they tell us, the best way to create real value in a businessis by making smart capital investment decisions. This should interest us, as HR and reward professionals,... Read More
Many HR and reward programs today operate on a competency-based platform, where the fundamental building block is a set of core competencies (defined in the WorldatWork glossary as behaviors, attributes or skills that are predictors of personal success). Recently revisiting a Harvard Business... Read More
How far can an incentive program go in driving the efforts and behaviors necessary for improvement and innovation, when the organization itself has placed large rocks in the way? Paul Hebert has written great posts on motivating people to be innovative (see here and here). One of Paul's... Read More
One of the tasks we face in the universe of pay administration is matching a job to compensation surveys, in order to establish its competitive value, is ascertaining the appropriate "level". Is it an Engineer 1, 2, 3 or 4? A Graphics Designer Senior or a Graphics Designer... Read More