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Cafe Classic: The Compensation Cookbook

Compensation Cafe

Editor's Note: Here, for a little midweek fun, we bring you Jim Brennan and his long-awaited, utterly authoritative and instantly gratifying dictionary of compensation decisions. The Compensation Cookbook will solve all your problems. Imagine having the solution to every pay issue in one volume!

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Cafe Classic: The Compensation Cookbook

Compensation Cafe

Editor's Note: In today's post, Jim Brennan serves up his Classic tale of The Answer to our compensation design and practice challenges. . The Compensation Cookbook will solve all your problems. No compensation chef should be without this essential guide to serve up the ideal menu in your café, restaurant, or eatery .

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Cafe Classic: Predicting the Next 10 Years of Compensation

Compensation Cafe

Editor's Note: Back in late 2013, Dan Walter decided to push beyond the normal next-year prognostication and lay out a set of predictions for 2017 and beyond. 3 Years from now, 2017: The durations used to measure past and future performance for executive compensation. Many current compensation programs will still be in effect.

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Is Team Chemistry the Next Big Thing in Performance and Rewards?

Compensation Force

As Keith will point out, it is the best metric for how an individual player really contributes to the success of the overall team. Creative Commons image "2013 01 18 McFarland youth Hockey at UW game (3)" by Elliott Connor Photography. Bonus/Incentives Metrics/Analytics Pay for Performance Performance Management - General'

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BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

in 2013) of responding employers did not award merit increases in 2016. Myriad other challenges were also noted, including: Administering compensation: 14.5%. 2017 Bonuses. last year) paid bonuses to their exempt employees in 2017, with 18.4% (up from 15.7% 2018 Bonuses. At an average of 23.6% last year, 31.2%

Survey 43
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10 Rules for Employee Retention Your Competition will Hate

Insperity

These metrics will help you give your employees clear direction and ensure their work stays on track. Consider productivity-based metrics that focus on your employees’ ability to meet deadlines. This simple “perk” can be a big incentive for your employees to stay. Compensate. This is especially helpful for new employees.

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Heed These 5 Performance Management Realities—Before It’s Too Late!

Reviewsnap

Many still hold annual reviews but these meetings are used primarily to address development and career pathing issues—and to discuss compensation (annual pay raises, bonuses, etc.). Yes, we’re all shooting for the same result—to fairly evaluate, compensate and motivate employee performance. Technology is compulsory.