2015 Bonuses and Incentives HR Planning Performance Management 
Compensation Cafe
AUGUST 3, 2021
Editor's Note: In this Classic cautionary tale, Jim Brennan (using the 2016 Wells Fargo incentive disaster as his beginning "case in point") reminds us of how easily even reward plans designed with the best intentions can misfire. The only thing worse than an incentive that doesn’t work is one that works all too well.
Compensation Cafe
SEPTEMBER 6, 2016
What do you mean, the CEO bonus plan needs to be modified?” The executive compensation formula acceptable at a small startup operation in its early days before a steady positive income flow has been established may become unconscionable later. “I Every element of human resource management is time-sensitive.
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Compensation Cafe
SEPTEMBER 14, 2016
The only thing worse than an incentive that doesn’t work is one that works all too well. Wells Fargo is just the latest company to be ethically embarrassed and financially distressed by a fiasco involving excessively motivational incentives. The moral hazard problem is not industry-specific or even an issue about incentives.
Compensation Cafe
JULY 24, 2019
Editor's Note: Incentives are a tool. Incentives are not the cause of bad reinforcement programs, any more than forests should be blamed for the existence of warfare. Because incentives are powerful, they should be designed and implemented with great care. Jim Brennan expounds. It was a hell of a good place to write tickets.”.
Compensation Cafe
AUGUST 8, 2018
Editor's Note: What to do about a reward plan that has outlived its purpose and fit? No reinforcement program or incentive plan works forever; but they seem to last forever, lingering on long past the day when their effectiveness expired. Always easier to pile on more than to prune or even dig up and dispose.
Compensation Cafe
DECEMBER 15, 2021
Editor's Note: In this Classic post, Jim Brennan shines a light on the challenges of rewards work and the surprising discovery that awaits many compensation pros who choose the field in an effort to escape the squishiness of other HR specialties and immerse themselves in quantitative certainty. Not so much, eh?
HR Daily Advisor
DECEMBER 24, 2014
There’s certainly a long list of challenges, not the least of which is the performance appraisal process for employees. Here’s some guidance for your 2015 program. Anyone who does performance appraisals knows that there are 101 ways that they might not function as they should. HR budget cuts? Compliance?
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