article thumbnail

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!

article thumbnail

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 .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

These Five Companies Are Trailblazing Performance Management

Reflektive

The annual performance review has been dying a slow death for the past few years. More and more, companies are realizing that traditional performance management is a large cause of low employee engagement and high turnover. SEE ALSO: How to Effectively Change Performance Management. The result? Goldman Sachs.

article thumbnail

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

Reviewsnap

Previously, we wrote about the pressing need to solve the performance management puzzle that baffles so many of our organizations. To “solve” performance management, we not only need to address each piece of the puzzle but we also must come to terms with a new set of realities. Annual reviews aren’t enough.

article thumbnail

The Pros and Cons of Tying Compensation to Performance Reviews

Reviewsnap

At Reviewsnap, we''ve seen firsthand the benefits delivered by a pay-for-performance structure that closely ties compensation to the performance review process. Like most human capital challenges, tying compensation to performance reviews has its share of pros and cons. and not applied consistently. The Cons: 1.

article thumbnail

Review of 2012 and into 2013 HR Carnival ~ HR to HR 2.0. - HCM

Strategic HCM

Thursday, 3 January 2013. Review of 2012 and into 2013 HR Carnival. 2013 is kicking off with the HR Carnival at Strategic HCM. I asked contributors to send in one of more of: their favourite / best read posts; reviews of 2012 and predictions for 2013. Predictions etc for 2013. ▼ 2013. (44). 1 year ago.

article thumbnail

Why Not Let Technology Revolutionize Your Performance Management?

HR Daily Advisor

How ready is performance management for a total technological takeover? Performance management strikes many as a particularly ripe area for technological advancement. Few employers question the need for effective performance management these days. As early as 2013, Heather R. Setting Goals.