Remove 2015 Remove Comparison Remove Performance Management
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Performance Management Not Meeting Expectations? Remember the Goal.

Newmeasures

Newmeasures clients have recently been asking for ways to evaluate their performance management practices. Such audits are warranted considering organizations with strong performance management processes are 41% more likely to outperform competitors on non-financial measures such as retention and customer satisfaction.

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New Research on Cutting-Edge Performance Management: What Are We Learning?

Compensation Cafe

Editor's Note: Last summer we posted an announcement from Gerry Ledford (one of our profession's leading scholars) introducing a new academic study focused on leading edge performance management practices and an invitation for any qualified organizations to participate. Do the data indicate that the hype is warranted?

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Cafe Classic: Solving the Dilemma of Pay Progression Over Time

Compensation Cafe

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. After corporate HR posts and consulting CEO roles, he was Senior Associate of pay surveyor ERI before returning to consulting in 2015.

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Cafe Classic: Compare for Success

Compensation Cafe

Editor's Note: Sometimes providing information in a helpful manner can positively impact performance as well as rewards that "jingle." Comparisons drive behavior. Making the right comparisons can set you up for success. Making the wrong comparisons can drive you towards failure. Each day, the numbers rose.

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Cafe Classic: Competitive Market Surveys Rarely Produce Identical Pay

Compensation Cafe

In addition, an employer may select different peer comparison groups for each work group and address them differently. Job evaluation can then be applied for discounts or premium variances structured to reflect special priorities set by top management, created by historical precedent or required for internal equity.

Survey 56
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Cafe Classic: Promotable But Unworthy of the Pay

Compensation Cafe

The fact that the full standard job value is $120,000 magnifies the shameful impact of the invidious comparison that swiftly concludes that no one earning $65K can be capable of filling a $100K position or doing a $120K job. She could do it and probably is already doing it on a temporary basis.

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5 Questions That Will Help You Find the Right Workforce Intelligence Solution

TalentCulture

For most companies, HR data resides not only in their HR Management system, but also in other, disparate HR systems (the applicant tracking system, learning management, recognition, payroll, performance management, and more). However in comparison to all of the items you should consider they are the tip of the iceberg.