Editor's Note: What if we (speaking to my fellow non-doctoral colleagues), as part of our preparation for a career in employee rewards, had the chance for a formal learning opportunity on how to read research and assess the relevance of research findings to our day-to-day... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
Almost every compensation professional I know can guess the base pay of mid-level accountant or software engineer with near-perfect accuracy. Given regional variations and other factors, most guesses are within 5% of current market data. This consistency and predictability is a foundation of trust... Read More
.... Never made a skillful sailor I saw this phrase the other day and it really caught my attention. Folks on LinkedIn, Facebook and other social media are always posting cute, profound or commonplace phrases that describe personal motivation, self-discipline or even the meaning of life, and I... Read More
Take Five is a new feature at the Compensation Cafe, in partnership with the Compensation & Benefits Review. The goal of our partnership is to connect and open opportunities for collaboration between reward practitioners and academics doing research in the rewards field. Each Take Five... Read More
Do you know what value drivers are? In the world of business strategy, a value driver is an activity or input that drives financial and operational results. They are called value drivers to reflect their role in the value creation that your company wants to achieve: 1) Increasing the share price,... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
If you work for a Fortune 100 company or a public sector entity, feel free to move on. If, however, you have embraced the challenge of (or are considering a move to) leading Human Resources and administering compensation in a more entrepreneurial setting - this post is for you!! I had the chance,... Read More
It's a proven fact. Left on their own, with no boundaries or constraints, incentive plans will often multiply like rabbits. I recently spoke with a compensation professional who claimed that her organization has over 300 incentive plans in place. Her question: "What can we do to... Read More
FLSA compliance - the challenges of getting (and keeping) positions appropriately classified - are difficult enough. HR and compensation professionals everywhere can attest to this. So why would we make the task even harder by "rewarding" FLSA exemption? Allow me to explain. One of... Read More
Is "making teams better" the holy grail of performance analytics? Fresh from the annual MIT Sloan Sports Analytics Conference, HBR blogger and MIT Research Fellow Michael Schrage notes that one of the top themes of the event was how to move beyond the Moneyball-like era of predicting... Read More
A client of mine with a gift for distilling information recently came up with a simple and elegant chart that tracks employee perceptions of the company's pay program. As someone who believes there is still a place for the straightforward, low-tech solution (like this one), I wanted to... Read More