The Skinny on Bonuses
“Bonus” is a term we’re all familiar with in a general sense, but today we’re going to step back and look at the concept in the context of your overall compensation strategy.
Tag: Compensation
Help Your Team Cross the Finish Line Strong—4 Steps to Success
Do your team members know what the ultimate objective is for each project they work on? Do they know what the purpose is—what they’re trying to achieve? Are you confident that you consistently communicate exactly what the goal is for each and every project?
Why It Pays to Keep Your Job Descriptions Current
Yesterday, we looked at telecommuting—aka “the benefit that keeps on giving” to both employees and employers. Today, our take on another low-cost yet highly beneficial activity you’re probably not spending enough time on: updating your job descriptions.
Responsibilities of the DOL
Established in 1913, the Department of Labor (DOL) has legal responsibility over matters related to employment. On their website today, they state their mission[i]:
A Coveted Employee Benefit that Actually Saves You Money
Telecommuting continues to grow year after year, despite some high-profile stories to the contrary (such as Yahoo!’s decision a couple of years ago to eliminate telecommuting options). In fact, some experts predict that a whopping 30 percent of workers in industrialized countries will be telecommuting by 2019!
Take the HR Policies Survey—What’s Really Happening?
Policy—you deal with it in human resources every single day. Are you keeping your practices up to date? Are they being consistently and fairly applied within the organization? What are your competitors up to? Help us find out!
Generational Differences at Work Abroad
Yesterday, we got some interesting insights from Jacque Vilet, president of international consulting firm Vilet International, on workplace compensation issues outside the United States. Today, her take on intergenerational differences at work—and some words of wisdom if you’re thinking about launching an overseas location.
Continue Planning Your Salary Strategies: Don’t Forget Compressions, Job Descriptions, and More
In yesterday’s Advisor, Amy Letke, SPHR, GPHR of Integrity HR, Inc., walked readers through the ins and outs of market data aging factors: Lead, lag, or lead/lag—each has its own merits depending on the needs of your organization. Today, Letke looks at additional considerations as you set out your compensation philosophy and strategy.
Aging Market Data for Compensation: What’s the Best Strategy for You?
When reviewing salary budgets, employers often must make some tough decisions. For example, should the company lead, lag, or lead/lag the market rate? What variables play a role in aging market data to suit the needs of the business? When is it time to retire your current market data? The best strategy depends on your […]
Going Global: Not Just for Big Companies Anymore. Could Yours Be Next?
International business practices aren’t an issue for only huge companies anymore—smaller companies are now increasingly reaching foreign shores.