Compensation Cafe

NOVEMBER 3, 2021

Not one of the 25 human resource or compensation professionals I randomly polled (most had called me on other matters) admitted to supplying any special reward for employees who train others in addition to other duties. The manner in which you deliver compensation frequently delivers a stronger impact than the amount dispensed.

Talent Experience 52

Talent Experience Compensation Performance Management HR Software 52

Compensation Cafe

SEPTEMBER 4, 2018

Editor's Note: In today's Classic, Jim Brennan reminds us of the role that pay - specifically cash compensation - can and must play in an overall reward program and ultimately the value proposition that you offer employees. . Although all rewards don’t jingle, compensation has to be right up front in the sequence of total rewards elements.

Compensation 79

Compensation HR Software Payroll Performance Management 79

Compensation Cafe

JANUARY 20, 2021

Raising grade ranges despite flat market movement and granting cash payments in lieu of base increases are always popular topics in compensation forums. There are many mistakes about compensation that are easy to make. Similar “crimes” against equitable justice might be found in many compensation systems.

Hiring Software 52

Hiring Software Compensation Benchmarking HR Software 52

Compensation Cafe

JANUARY 6, 2020

Although we are continually reminded to be alert for perverse incentives , little is usually said about the proper use of disincentives. If being included in a bonus pool is a positive motivational incentive, shouldn’t being restricted from participation be considered a negative punishment? Negatives have positive aspects.

Bonuses and Incentives 52

Bonuses and Incentives Compensation HR Software Compliance 52

Compensation Cafe

SEPTEMBER 27, 2021

Most of the people I hang with are still pretty much compensation people rather than Talent Managers or Total Rewards professionals, so when they are presented with a problem, guess what gets addressed first? After all, if an issue can be corrected with cash, it is not a management problem but only a cost item.

HR Software 52

HR Software Compensation Talent Experience Talent Management 52

Compensation Cafe

DECEMBER 10, 2014

You may have already completed performance appraisal discussions, but performance should certainly be part of the discussion when 2014 increases and bonuses are covered with employees. Providing managers with prompts that can help them articulate their thoughts, especially if they find themselves in a tough spot.

Bonuses and Incentives 45

Bonuses and Incentives Compensation eBook Performance Management 45

Compensation Cafe

SEPTEMBER 4, 2018

Editor's Note: In today's Classic, Jim Brennan reminds us of the role that pay - specifically cash compensation - can and must play in an overall reward program and ultimately the value proposition that you offer employees. . Although all rewards don’t jingle, compensation has to be right up front in the sequence of total rewards elements.

Compensation 55

Compensation HR Software Payroll Performance Management 55

Compensation Cafe

AUGUST 16, 2022

James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries. After corporate HR posts and consulting CEO roles, he was Senior Associate of pay surveyor ERI before returning to consulting in 2015.

Planning Tools 52

Planning Tools HR Software Compensation Performance Management 52

Compensation Cafe

MAY 22, 2019

Amid all the buzz about perverse incentives that backfire, lessons about punishments that reward undesirable performance should be shared, too. . A month on bread and water in solitary was a perverse incentive. The intended punishment created a rewarding experience. Creative Commons image "DSC1408" by HockeyholicAZ.

Compensation 40

Compensation Performance Management Examples Industry 40

Compensation Cafe

OCTOBER 19, 2018

The compensation tool chest continues to grow. Well, not exactly; but the well-seasoned compensation professional would be smart to hold on to the ideas, plans, programs and tricks that worked well in the past. For those who want to know more about each, many articles, books and texts on compensation cover all those topic categories.

Planning Tools 40

Planning Tools HR Software Tools Compensation 40

Compensation Cafe

NOVEMBER 4, 2016

In a survey conducted from June 7 through June 17, 2010, absolutely none of the 25 human resource or compensation professionals randomly polled (most had called me on other matters) admitted to supplying any special reward for employees who train others in addition to other duties. Image by nedel_neln, courtesy of Creative Commons.

Talent Experience 40

Talent Experience Compensation Performance Management HR Software 40

Compensation Cafe

APRIL 15, 2020

Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. Even in the numbers-oriented world of compensation management, Scientific Wild-Ass Guesses (SWAGs) still are required sometimes. All decisions are B.A.D. decisions, relying on the Best Available Data known at the time.

Compensation 59

Compensation Data Benchmarking Guidelines 59

Compensation Cafe

APRIL 3, 2019

Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. Even in the numbers-oriented world of compensation management, Scientific Wild-Ass Guesses (SWAGs) still are required sometimes. Editor's Note: Even in the age of AI, ML and even TMI, SWAGs based on B.A.D. are still necessary.

Compensation 55

Compensation Data Benchmarking Analytics 55

Compensation Cafe

JANUARY 26, 2017

Compensation people and the objects of our efforts might not survive outsourcing where work is delegated to other outfits or the gig economy in which consultants are given short focused assignments. No performance evaluations, stressful personal dealings or contentious emotional expectations.

HR Planning 40

HR Planning Compensation Payroll Talent Experience 40

Compensation Cafe

JULY 5, 2018

Consider this recent exchange in the LinkedIn network for compensation professionals. Compensation professionals therefore continue to act like normal human beings. Many compensation professionals act as though equal = equitable , which it don’t. Many seem to feel that everyone should be paid identically, for example.

Compensation 45

Compensation Performance Management Diversity Course 45

Compensation Cafe

AUGUST 19, 2019

James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries. After corporate HR posts and consulting CEO roles, he was Senior Associate of pay surveyor ERI before returning to consulting in 2015. Creative Commons image "Question Box" by Raymond Bryson.

HR Software 40

HR Software Compensation Competencies Performance Management 40

Compensation Cafe

FEBRUARY 17, 2016

The Willis Towers Watson Talent Management and Rewards Pulse Survey was just conducted in October and November 2015 (right when most of their survey participants were deep into performance review and merit pay decision-making). Let's take a look at how traditional, MBO-driven pay-for-performance is faring. Ask around!

Compensation 40

Compensation Survey eBook Performance Management 40

Compensation Cafe

SEPTEMBER 1, 2016

Most of the people I hang with are still pretty much compensation people rather than Talent Managers or Total Rewards professionals, so when they are presented with a problem, guess what gets addressed first? After all, if an issue can be corrected with cash, it is not a management problem but only a cost item. Do we have them?

HR Software 45

HR Software Compensation Talent Experience Talent Management 45

Compensation Cafe

DECEMBER 28, 2016

Money is not the only reward available to serve your compensation program. If compensation people are to succeed in our ambition to effectively manage and administer total reward programs, we should both recognize that fact and act accordingly. You can't rely on cash alone, anyway, in these times. What say you?

Compensation 40

Compensation HR Software Payroll Talent Experience 40

Compensation Cafe

MARCH 1, 2017

The usually backwards and dilatory criminal justice system may be ahead of the American compensation profession. The best compensation programs are positive, immediate and certain. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries.

HR Software 40

HR Software Compensation Immedis Performance Management 40

Compensation Cafe

MAY 23, 2018

James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries. After corporate HR posts and consulting CEO roles, he was Senior Associate of pay surveyor ERI before returning to consulting in 2015. Creative Commons Image "Should. by SweetOnVeg.

Planning Tools 40

Planning Tools Compensation HR Software Groups 40

Compensation Cafe

APRIL 2, 2018

Editor's Note: In this Classic, Jim Brennan provides essential guidance on one of the foundational questions of compensation. How much value is added by the individual holding that important management post? Should any person who holds a position of substantial impact be automatically highly compensated?

Compensation 40

Compensation Planning Tools HR Software Talent Experience 40

Compensation Cafe

DECEMBER 2, 2016

2017 should be a year of great excitement with much attention focused on compensation people. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience. It will also be both educational and interesting to learn later just exactly how people judge such different treatments. Sorry about that!

Wage and Hour Training 40

Wage and Hour Training Compensation Payroll HR Software 40

Bob

MAY 4, 2023

According to a survey by Gallup , in 2022, employee engagement reached its lowest level since 2015. To prevent this from happening, companies need to find ways to engage and motivate their people, including showing them that they are valued and providing incentives for them to stay and continue to contribute to the company’s success.

Talent Experience 60

Talent Experience Hiring Software Planning Tools Bonuses and Incentives 60

Bob

MAY 4, 2023

According to a survey by Gallup , in 2022, employee engagement reached its lowest level since 2015. To prevent this from happening, companies need to find ways to engage and motivate their people, including showing them that they are valued and providing incentives for them to stay and continue to contribute to the company’s success.

Talent Experience 60

Talent Experience Hiring Software Planning Tools Bonuses and Incentives 60

Compensation Cafe

JULY 21, 2016

The new sales incentive plan was not well received. All the worldwide regional managers in the audience spoke up in loud protest when it was announced at the global sales conference. The vehement rejection of the new sales incentive program stunned all the officers on the dais. Yeah, THAT company. But that's a different story.

Planning Tools 40

Planning Tools Compensation Guidelines HR Software 40

HRsoft

JANUARY 7, 2017

Examples of Assumptions : Bonus compensation includes payments made for Calendar Year 2015. Examples are bonus and incentive pay, continuing education and training. HRsoft is a leading provider of strategic talent management software that improves manager effectiveness and business results.

HR Software 40

HR Software Planning Tools Interview Software Bonuses and Incentives 40

HR Daily Advisor

AUGUST 16, 2017

in 2015, 35.7% Myriad other challenges were also noted, including: Administering compensation: 14.5%. Performance management: 8.4%. Getting management approval/buy-in: 5.6%. 2017 Bonuses. last year) paid bonuses to their exempt employees in 2017, with 18.4% (up from 15.7% 2018 Bonuses.

Survey 43

Survey Bonuses and Incentives Compensation Retention and Turnover 43

Empuls

OCTOBER 11, 2023

Managers rely on performance management software to set employee performance standards, evaluate job performance, and facilitate ongoing discussions. HR departments commonly implement these tools to support managers across various departments. Here is our top 20 best employee evaluation software.

HR Software 52

HR Software Onboarding Software Planning Tools Assessment Software 52

Compensation Cafe

SEPTEMBER 1, 2015

Such a narrow limited view of the compensation profession is unfortunate, because money is one of the weakest reinforcement tools. This total rewards generalist is convinced that we need a deeper understanding of the unique powers of one of the most neglected incentive methods — recognition. Well, it should be.)

Bonuses and Incentives 40

Bonuses and Incentives HR Software Compensation Performance Management 40

Compensation Cafe

JUNE 22, 2016

James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience. After corporate HR jobs in manufacturing, he consulted to various industries throughout North America, became Senior Associate of pay survey software publisher ERI and returned to consulting in 2015. Image courtesy of Chris Dobyns.

HR Software 56

HR Software Compensation Performance Management Software 56

Compensation Cafe

APRIL 4, 2016

What can we do to filter out the distractions that interfere with keeping up with the truly important compensation issues? James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience, specializing in job evaluation, market pricing and pay budget distribution.

Hiring Software 40

Hiring Software Compensation Harassment Survey 40

Compensation Cafe

OCTOBER 12, 2015

Inadequate compensation undercuts the value expected from budget allocations devoted to such things as premium employee benefits, special services and enhanced working conditions. Money is the basic essential piece of “compensation.” Jim also serves on the Advisory Board of the Compensation and Benefits Review.

Planning Tools 40

Planning Tools HR Software HR Planning Ascender 40

Compensation Cafe

SEPTEMBER 23, 2015

Compensation people should inspire leaders to supply achievement objectives beyond simple imitation and blind followership. is constantly asked by top management. Jim also serves on the Advisory Board of the Compensation and Benefits Review. To succeed, we need to capture the imagination with catchy phrases. .

Compensation 40

Compensation HR Software Course Performance Management 40

Recruiters Lineup

APRIL 2, 2024

The primary legislation governing employment in Liberia is the Labor Law of 2015, which outlines the rights and obligations of both employers and employees. Consultants are usually hired to offer expertise or advice in areas such as management, finance, law, or technical fields.

Video Recruiting 82

Video Recruiting Hiring Software Background screening Hiring 82

Compensation Cafe

DECEMBER 15, 2015

James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience, specializing in job evaluation, market pricing and pay budget distribution. When 1,380 employees got a $100,000 bonus each, the story should have made headlines everywhere. No complex distribution scheme to argue about.

Compensation 40

Compensation HR Software Performance Management Competencies 40

Capterra

OCTOBER 10, 2018

Annual performance reviews are dead. 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. A staple of performance management since the 1950s, gone forever. Except not really.

HR Planning 50

HR Planning Planning Tools Objectives & Key Results HR Software 50