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Woulda, Coulda, Shoulda: An Incentive Compensation Story

Compensation Cafe

Inside that company, worked a compensation professional (“Yolanda”) who juggled many projects. Not the least of them was the creation, design and management of the company’s long-term incentive program. This year the two main incentive plans did not perform as expected.

Bonuses Remain the Top Priority for Raising Compensation

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Recently, I wrote about the sluggish state of the US economy and its impact on wages for the third quarter of 2015. Are employee bonuses the new compensation strategy? Will more employers offer bonuses? Tess C.

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Suppressing Excessive Compensation

Compensation Cafe

Some giants in the compensation consulting community have spoken out in the past, motivated by a sincere sense of guilt for encouraging the tremendously disproportionate top executive pay that resulted from their prior yeoman work enabling unreasonable compensation.

Life Cycles and Compensation

Compensation Cafe

Compensation programs need to adapt to these different stages as companies grow and evolve. For example, compensation plans needed for start-ups are very different compared to those needed for mature companies. Let’s see how the various stages impact compensation. . Compensation : Salaries are limited as companies are not flush with cash. There is no formal compensation program. Decisions on compensation-related issues are handled in a discretionary manner.

Develop Grow Achieve - 3 Tiers for P4P

Compensation Cafe

Metrics for development can be tricky when looking for direct alignment to pay. In individual terms we should focus on those metrics that drive growth, rather than the end result of growth. It is fine to include some aspect of the DEVELOP metrics for those newer to this level.

Executive Compensation 101: What to Consider

HR Daily Advisor

How do you decide the appropriate level of compensation? How do you align executive compensation goals with the overall company compensation philosophy? Executive Compensation–Consider the Angles. Other metrics?).

PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party.

If Money Were the Solution.

Compensation Cafe

Compensation would merely be a matter of dispensing the right sums. Roads and railroads would approach the safety record of airlines, whose safety and customer satisfaction metrics would also improve.

Let’s Talk About the Trend Away From Base Pay Increases Towards Short Term Rewards

Something Different

…So this morning I read a great piece ( here ) from the NY Times highlighting a sea change in the way compensation is being managed in the U.S. Would employees rather see more in the form of annual base pay increases or do they prefer short-term incentives and perks?

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Where Have All the Raises Gone?

Compensation Cafe

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation.

Time Wasting: The Anti-Reward

Compensation Cafe

Is time wasting, as a product of poorly structured (and perhaps poorly incented) management undermining your reward program? Would they receive a poor performance review that would reduce their pay, bonus, or promotion potential?

Total CEO Pay Rose 6% in 2016, Willis Towers Watson Study Finds

HR Daily Advisor

The analysis found total pay for CEOs increased 6% in 2016, up from the 4% median increase in 2015. Annual bonuses increased 5% at the median, mostly flat with the previous year. Other findings from the Willis Towers Watson proxy analysis include: Long-term performance metrics.

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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. Some companies are offering unhappy employees a “pay-to-quit” bonus.

A Chrome Panda Predicts Demise of Stock Options

Compensation Cafe

But, in October of 2015 and again in April of 2016, their value was written down by major mutual funds, including Fidelity. These are smart moves but we compensation professionals know the real money is in base pay and long-term incentives.

Outsmart Unplanned (and Costly) Employee Overtime

Insperity

Paying employees overtime happens, and it may even be wise to include it in your compensation and staffing strategies. Is overtime being used as an incentive or bonus without strategic oversight?

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. Some companies are offering unhappy employees a “pay-to-quit” bonus. This simple “perk” can be a big incentive for your employees to stay. Compensate. Consider performance-based incentives that give your employees a chance to earn more money.

15 Recruiting Techniques to Hire Like Box

Entelo

Fast forward to 2015, Box is a publicly traded company with nearly 1,600 employees, and the cloud is a virtual seventh heaven. We took note of Box's sourcing tactics, and the metrics and tools they used to build one of the top hiring orgs of all time.

Outsmart Unplanned (and Costly) Employee Overtime

Insperity

Paying employees overtime happens, and it may even be wise to include it in your compensation and staffing strategies. Your employees may work overtime hours without approval or without pay , feel burdened or burned out, see the distribution of overtime as unfair or wish for other ways to earn a bonus. Is overtime being used as an incentive or bonus without strategic oversight?

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

HR Daily Advisor

in 2015, 35.7% 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% last year) paid bonuses in addition to salary increases, and 21% (24.5%

Relying on Traditional HR Will Lose You the Analytics Talent Race

Analytics in HR

A US consumer goods company recently learned that its incentive package is popular in core business and IT areas, but not among analytics talent; specifically, retention bonuses were less effective. In 2015, a mobile gaming company hired an ex-Wall Street quant to manage analytics recruiting. The war for talent is raging across industries and countries, and nowhere is the fight more intense than in data science and analytics.

Examining Relationship Based Physician Recruitment

Hospital Recruiting

A March 2015 report by the forecasting firm HIS, Inc., Each of these metrics ties directly into the relationship-based nature of the recruitment process. dotshock/123RF.com.

Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

The Society for Human Resource Management (SHRM) suspected they were on their last legs back in 2015 before a number of sources officially called time of death earlier this year. If you’re a small or midsize business (SMB) that does annual performance reviews, I have some terrible news.

The Best Employee Retention Articles and Resources from Across the Web

ForUsAll

employees are eligible for bonuses four times a year, with biannual salary reviews. The metric we should be tracking is something I call “people movement,” and it’s the oxygen pulsing through a business.”. In 2015, their study of Marriott-managed full-service hotels in the U.S.