Tag: Compensation

Can You Terminate Those with the Highest Salaries?

While salary level may be a legitimate factor in determining which employees to lay off, it cannot be the determining factor if it adversely affects older workers, says Tinnin, who is a partner with Tinnin Law Firm in Albuquerque, New Mexico, and editor of New Mexico Employment Law Letter. In 2005, he adds, the U.S. […]

And the Oscar for Employee Excellence Goes to …

    Oswald, CEO of BLR®, offered his thoughts on recognizing excellence in a recent edition of The Oswald Letter. Now let me put that in perspective for a moment. The Academy was formed in 1927, with the state of California granting its charter as a nonprofit organization on May 11 of that year. Films […]

Key Questions for Compensation Audits

What Is Written? Start with the written documents, says Kleinman. What written documents relate to compensation? Who has them? Who wrote what and when?  What do they say? For example: Plan documents Structures Policies Pay parameters Hiring/Bonus boundaries (approval levels, etc.) How’s Turnover? What turnover levels is the organization experiencing? Functional turnover is created “intentionally,” […]

Compensation Audits: Align Philosophy with Strategy

Why Do an Audit? For the same reason we do financial audits—to fulfill a fundamental obligation, that is, to discover vulnerability. Remember, says Kleinman, who is principal of California-based Dan Kleinman Consulting, someone is always watching, internal and external, and they are evaluating what is going on. Five Reasons for a Compensation Audit There are […]

Surveillance and Secrets—Managing Social Media Risks

[Go here for S’s 1 and 2] S #3. Surveillance or “Snooping” What’s the Risk? When you monitor employee’s social media activity, you run two risks, says Yip: Damage to morale. The company may call it surveillance, but the employees will view it as snooping, and they won’t like it. The vast majority of employees […]

Four S’s of Social Media Risk

The 4 S’s of Social Media Risk Yip, who is litigation partner at the Honolulu office of law firm Cades Schutte LLP, offered his four S’s at the Advanced Employment Issues Symposium held recently in Las Vegas. S #1. Searches What’s the Risk? The biggest risk in searches is that you might learn information that […]

Mind Over Matter: Lessons from the Olympics

Oswald, CEO of BLR, offered his thoughts on mental toughness in a recent edition of The Oswald Letter. So as each skier attacked the course, NBC’s cameras would show Miller watching the competition to see if they eclipsed his time. I could only imagine what it was like for him to watch competitor after competitor […]

Engagement? Retention? Train and Talk

[ go here for the first three T’s] Training Training is a reward. Top people want to keep their skills up and you need them to believe that the organization cares about keeping employee skills up to date. Development is both a management responsibility and an employee reward. What If We Train and They Leave? […]

The 5 T’s of Recognition and Retention

“Voluntarily Give Their Discretionary Effort” Some employees do just enough not to get fired; that’s not going to do it for you, says Katz. You want employees to “voluntarily give their discretionary effort.” Katz, who is with Penguin Human Resource Consulting, LLC, offered his tips in a recent BLR-sponsored webinar. The Unlimited Rewards Budget Who […]

10 Most Common Errors in Performance Rating

Pay for performance is the order of the day, but you can’t have pay for performance if you can’t measure performance in a meaningful way. Unfortunately,  there are significant pitfalls to avoid when conducting your performance reviews. In today’s Advisor, we’ll get tips from expert Armstrong on how to make performance appraisals more meaningful for […]