Compensation Café

Getting Crowdsourced Pay Right

Crowdsourced compensation is one of those terms that can send people running in the other direction, or at least just look at you with a smirk. The immediate image in most peoples’ heads is of a company run amok, employees having free rein over payroll decisions, perhaps even an unsustainable... Read More

Price is Only an Issue in the Absence of Value

The title of this article is not something I invented. But, the smart person who first said it seems to be lost to history, so I am borrowing it. But, that’s not the point. As compensation professionals, we worry an awful lot about prices. Value is something we often put on a back burner while... Read More

Yes, No or Maybe?

Are you satisfied with the way your organization's performance appraisal process is working? Yes, no, or maybe? One of the most debated issues among Human Resource professionals for the past several years has been arguments regarding effective performance appraisal processes.  Everyone seems... Read More

Compensation Force

A Look at Master's Degree Graduate Starting Salaries

In follow-up to the recent post on college graduate starting salaries, this post also features data from NACE's (National Association of Colleges and Employers) Winter 2017 Salary Survey and highlights starting salaries for master's degree graduates. In the first table, we show average... Read More

Are Your Values Sticky Enough to Reward?

Core values and value statements have a long history but a somewhat mixed track record in the organizational realm.  More than one management team has discovered - the hard way - that it is much easier to talk the value talk than walk the value walk. This matters to us, because organizational... Read More

A Look at College Graduate Starting Salaries

For setting the pay rates/ranges of jobs where staffing hinges heavily on drawing new graduates, I find data on starting salaries for college grads in the relevant majors to be a helpful data point.  Often - if your staffing practices are institution-specific, you can get that data on the... Read More

Taking a Quantum Leap to Make Your Pay Program Better

Quantum theory (the theory undergirding the field of quantum mechanics), when it emerged a hundred years ago, turned our understanding of reality and the classic world of physics upside down.  Niels Bohr, one of the theory's pioneers, liked to say that "Anyone who is not shocked by... Read More