Setting a Performance Matrix with Maximum Penetration Targets
Yesterday’s Advisor featured the first 5 of Consultant Whitney Herrington’s 7 alternatives for deciding on merit pay. Today, alternatives #6 and #7.
Tag: Compensation
Tech Taking Over? HRIS Trends
Most every company is looking at the HRIS. What should your system be doing? For some guidance on this trend, we turned to BLR’s recently published HR Playbook: HR’s Gameplan for the Future.
The Seven Merit Allocation Strategies—Strengths and Weaknesses
There are seven basic merit allocation strategies, says Consultant Whitney Herrington. Compensation managers should be familiar with them all, including when they are appropriate (and when they are not).
Don’t Wait for Permission—Take Action
It’s not uncommon for me to say, “I’d rather hire someone who will ask for forgiveness than someone who must ask for permission before taking action.” If you’re going to accomplish anything in life, you must be willing to act. And when you do, things don’t always turn out exactly as you would like. Sometimes […]
Incentive Plan Funding, Improvements, Evaluation (Survey Results)
Yesterday’s Advisor began our coverage of the incentive Pay Survey; today, more survey results, including how respondents fund incentives, how they communicate their plans, how they evaluate, and how they would improve them.
Two-thirds of Employers Provide Some Type of ‘At risk’ Pay to Employees (Survey Results In)
BLR’s 2014 Variable Pay Survey reveals that almost two-thirds of participants put some employee pay at risk. Some 1,452 employers participated in the recently completed survey. Here are some highlights:
Pay for Performance Matrix with Maximum Penetration Targets
Yesterday’s Advisor featured the first 5 of Consultant Whitney Herrington’s 7 alternatives for deciding on merit pay. Today, alternatives #6 and #7.
The Seven Merit Allocation Strategies—Strengths and Weaknesses
There are seven basic merit allocation strategies, says Consultant Whitney Herrington. Compensation managers should be familiar with them all, including when they are appropriate (and when they are not).
What Are You Afraid Of? (Childhood Taunt or Manager’s Advice?)
It sounds like a childhood taunt. “What are you afraid of?” If you close your eyes for a minute, chances are you can go back in time and recall a situation in which you were asked that exact question. Someone was trying to push you into doing something you really didn’t want to do—daring you […]
Hotlines—You Find Out Before the Attorneys or the Feds Do
In yesterday’s Advisor, we covered a variety of types of communications with employees; today, we’ll look at employee hotlines.