Editor's Note: What can Sir Isaac Newton teach us about people and their pay? Plenty, it turns out. Dan Walter explores what Newton's three laws of motion can teach us about doing employee compensation right (and wrong) in this Classic post. Recently my fellow Comp Café-er... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
As the World Cup nears its conclusion, it’s impossible to avoid news coverage of the event – especially from my home base in Europe. Most stories are merely game recaps, nothing unusual or unexpected. And then, one of the classiest acts comes out of a story of loss. Japan captured the hearts of... Read More
Editor's Note: Reward fails abound; I'm certain most of those reading have encountered one or more head-slapping doozies along the way. Hopefully we learn from them, as Derek Irvine encourages us to do here. Occasionally, I like to share with you the horrible stories I hear of... Read More
You think performance management is difficult in your neck of the woods, let me tell you it could get even dicier. Imagine if your organization included jobs like tax attorney, firefighter, radio announcer, oncologist or pilot. All of these incumbents have to be experts when they perform their... Read More
Editor's Note: In today's Classic, Margaret O'Hanlon reminds us that when we don't communicate clearly and truthfully with employees about the how and why of their pay, they will make up their own version of the story. And it may not be pretty. So listen up! When it comes... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
You have a not-so-silent partner in your compensation communication efforts. That partner? Your pay program itself. That's because compensation itself is a powerful communication tool. In fact, everything we do in compensation is communication, so it's critical that we consider the... Read More
Incentives remain one of the most powerful, and yet also one of the most misapplied, management tools out there. While research has shown that group incentives can deliver significant return on investment (CARS research showed a median plan ROI of 134% - or $2.34 for every $1.00 in payout),... Read More
Our Best of the Force series highlights some of the most popular posts from our archives. Dan Markovitz's HBR blog post, The Folly of Stretch Goals, brings to mind a development in my own management incentive plan design work over recent years, as my clients and I address heightened... Read More
Our Best of the Force series highlights some of the most popular posts from our archives. What if you made your employees eligible to become free agents every three years? That is the intriguing question posed in a post over at Fistful of Talent. Before reacting to the "insanity" of... Read More
Our Best of the Force series highlights some of the most popular posts from our archives. What do ROWE and incentives have in common? More than a little. At least that's the hypothesis I'm floating out here. What turned my mind to this comparison in the first place was a Fistful of... Read More