Compensation Cafe

NOVEMBER 1, 2016

But how much an organization should increase its pay is always an issue for compensation people. Those kinds of issues don't make friends for total reward professionals, who already face enough challenges when playing "compensation cop." How hard you should press the accelerator pedal of your automobile is rarely surveyed.

Compensation 40

Compensation Comparison Payroll Metrics 40

Compensation Cafe

FEBRUARY 3, 2017

Notice anything about those comparisons? . Absolute statements based on relative comparisons can be highly misleading. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries. Those statements explain a lot. Image: Creative Commons Photo "Relativity!" by jtbrennan

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Comparison Compensation Metrics Performance Management 40

Compensation Cafe

APRIL 24, 2019

I also served as the Compensation consultant to their organization's HQ in all their different identities. While most jobs are compensated according to their duties, secretaries are usually paid according to the title of their boss. It makes compensation simply a matter of reflected status rather than earned merit. .

Compensation 40

Compensation Comparison Exercises Screening 40

Compensation Cafe

FEBRUARY 24, 2021

Compensation professionals love to cite “the open market,” while being less eager to admit that every market is different. In addition, an employer may select different peer comparison groups for each work group and address them differently. Non-cash reward elements can't be reduced to simple numbers.

Survey 72

Survey HR Software Comparison Compensation 72

Compensation Cafe

APRIL 21, 2016

Plus, they create pressure to make hiring offers above the normal entry rate, closer to the central position value, thus potentially creating pay compression with senior peers and inviting other invidious internal equity comparisons when word gets out. Lazy logic argues: why ask for trouble you can easily avoid? and probably will be.

Hiring Software 40

Hiring Software Recruiting Software Interview Software HR Software 40

Compensation Cafe

JANUARY 28, 2016

Numeric points are accumulated across a number of evaluation factor dimensions with both scalar and interval values and are applied to administer compensation. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience, specializing in job evaluation, market pricing and pay budget distribution.

Compliance Training 40

Compliance Training Planning Tools Benchmarking HR Software 40

Compensation Cafe

JUNE 30, 2016

A good time to bring out Jim Brennan's classic piece on addressing this perennial compensation challenge! Meanwhile, payroll increases are budgeted relative to that market movement rate, to reflect merit or other competitive trend matches to keep pace with the appropriate peer-comparison market.

Hiring Software 40

Hiring Software Planning Tools HR Software Compensation 40

Compensation Cafe

JULY 16, 2015

Note that before Canada finalized its Bill of Rights, they sent analysts to attend American compensation seminars on pay equity. Those are all complications that obstruct pay equity comparisons. . Jim also serves on the Advisory Board of the Compensation and Benefits Review.

HR Software 40

HR Software Compensation Comparison Time and Attendance 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%. In comparison, 31.5% (down from 37.9% last year) awarded the remainder of their management team members at that level, while 8.6% (10.6%

Survey 43

Survey Bonuses and Incentives Compensation Metrics 43

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

Compensation Cafe

JANUARY 20, 2016

Compensation professionals love to cite “the open market,” while being less eager to admit that every market is different. The reasons may be seem obscure to outsiders, but they are clear to those who follow the arcane practices of the wage and salary management field. Non-cash reward elements can't be reduced to simple numbers.

Survey 40

Survey HR Software Compensation Comparison 40