For many of us, 2020 MBOs went up in smoke around about April 1, in the first days of the COVID-19 shutdown. In March we knew what results to target and how we'd measure our success. A few weeks later, most of those targets had been disassembled, blown up or replaced. Timelines became... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
Editor's Note: Discretion in employee rewards can be beneficial or demoralizing, depending on who holds the discretionary power and how they wield it. What if we put the power of discretion into the hands of employees? Read Derek Irvine's Classic post on the positive impact of... Read More
Editor's Note: Smart professionals in any field seek and are open to learn from the insights of other professions. In this Classic post, Margaret O'Hanlon introduces us to a couple of "laws" touted in Economics that offer lessons we'd be wise to add to our compensation... Read More
Change is hard. While it is inevitable, we prefer if it happens while we aren’t paying attention. It’s kind of like your hair during a more than 2-month lockdown. On day 5 your hair looks like your hair. On day 30 your hair looks like a long version of your hair. On day 70 your hair looks like... Read More
Editor's Note: Even today, Maslow's Hierarchy is ubiquitous, particularly in fields where human motivation is a critical factor. Should it be? From all appearances, Abraham Maslow's Hierarchy of Needs is generally accepted throughout the business world as concrete, unwavering... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
While it will be clear from what follows that I take issue with a number of things he says, I do believe that Alfie Kohn's book Punished by Rewards is a must read for reward professionals. Good kick in the head to shake out the cobwebs and challenge the thinking. As those who have read... Read More
I am floored by how many times, during the design of an employee incentive plan, management will trot out the assumption/foregone conclusion that individual employees are unable to make a meaningful contribution to overall organization - or business unit - performance measures. That there can be... Read More
This post first ran in 2009, a point of crisis that may not quite equal what we've got with the coronavirus pandemic but might be a helpful reference point. I've been hearing a theme play out in a number of places recently, from research and articles online to conversations with my... Read More
This post first ran in 2011. While the details on the ground at IGN Entertainment may have changed since then, their inspired peer-to-peer bonus plan brings us a great example of how we might engage employees in rewarding the heroic actions of their peers during our challenging times today. Who... Read More
I had the chance to join a group of HR professionals who serve entrepreneurial, small to mid sized organizations to talk about the realities and challenges of managing pay in this setting. Great group, great conversation. In my experience, having worked with organizations ranging from the Fortune... Read More