Remove 2015 Remove COMPAS Remove Compensation Remove Performance Management
article thumbnail

Cafe Classic: Personal Pay Versus Salary Structures

Compensation Cafe

Churn occurs among grade peers due to new hires, promotions, quits, retirements and reclassifications. New hires enter at lower rates. All unproven new hires will immediately earn about the same as the veteran incumbents already there for years, despite no assurance of immediate equal productivity from the fresh faces.

COMPAS 52
article thumbnail

Cafe Classic: Solving the Dilemma of Pay Progression Over Time

Compensation Cafe

Conventional practice is to hire most new people into their jobs at salary levels below their market midpoint or Market Reference Point (MRP) and to move grade structures maybe half as much as the anticipated general market movement each year. Yes, this is “math stuff,” but compensation professionals should be on top of such things.

article thumbnail

The New Workforce Gender Equity Factors HR Needs to Watch

Visier

Gender equity is an issue of incredible focus and debate for employers and lawmakers, particularly when it comes to compensation. Establishing an equitable pay policy is an important step forward, but the gender pay gap is more than a compensation issue. Uncover gender bias in performance reviews and take steps to eliminate it.

COMPAS 152