Compensation Based on Your Number of Direct Reports – Ask #HR Bartender

HR Bartender

To help us understand employee compensation, I asked Ann Bares if she would share her expertise and, lucky for us, she said “yes”. Ann is managing partner with Altura Consulting Group and contributor to the Compensation Force and Compensation Café blogs.

7 Compensation Resolutions for 2017

Compensation Today

That said, 2016 was a challenging year for me, so to start 2017 off right I thought I’d get back into the practice of resolving to do something differently this year. Without further ado, Compensation Resolutions 2017: seven ways to start the new year right!

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Healthcare Happenings: 2017 Compensation Best Practices

Compensation Today

In PayScale’s 2017 Compensation Best Practices Report we learned that about half of healthcare organizations (49 percent) will compensate more for competitive jobs. Learn More About Our Compensation Software.

Compensation Transparency

China Gorman

Transparency in Compensation: Trends and Best Practices , underwritten by salary.com , is a thoughtful and interesting discussion of the impact of different levels of transparency in the workplace – from too little to too much.

PayScale’s 2017 Compensation Best Practices Report Is Here

Compensation Today

Today we release the eighth annual installment of PayScale’s Compensation Best Practices Report. A strong theme emerged this year showcasing the connection between compensation and organizational culture. Data is the backbone of good compensation.

Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

In a prior life, I did compensation and HR for a nonprofit. Anyone who has worked in a sales organization knows that you don’t compensate sales the way you do the rest of the organization, or medical staff the same as office staff, or faculty the same as staff.

Canadian Edition of PayScale’s 2017 Compensation Best Practices Report Has Arrived!

Compensation Today

The annual Compensation Best Practices Report (CBPR) you know and love now has an all-Canada edition! Learn More About Our Compensation Software. Most Canadian organizations in the report have a compensation strategy, or are working on one — 38 percent and 36 percent, respectively.

Culture and Compensation

China Gorman

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. Even though I’m not an HR professional, much less a compensation professional, I found it fascinating. Especially the impact that compensation practices have on organization culture.

5 Ways Compensation Will Change in 2017

TLNT: The Business of HR

All indicators show the financial landscape is poised to continue growing in 2017, so employers are now more focused than ever on retaining and attracting key people at their organizations to maximize the business opportunities.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this post, Allison talks about Compensation. Compensation is one of the key culture-definers for organizations. As analytics become more widely used in HR, I’d like to share a few ways you can use a people strategy platform to make better compensation decisions: 1.

Comp Strategy for Small Businesses: 2017 Compensation Best Practices

Compensation Today

But without a compensation strategy, there’s no way for orgs to tell if their money is being used effectively … or wasted. It’s even more important for small businesses to be strategic with their compensation dollars. What a Compensation Strategy Can Do for Your Small Business?

Compensation Trends: Disruption in Action at the 2017 Total Rewards Show

Compensation Today

The keynote address at this year’s WorldatWork 2017 Total Rewards show was by Peter Sheahan, author of Matter: Move Beyond the Competition, Create More Value, and Become the Obvious Choice. in the world of compensation management. Learn More About Our Compensation Software.

Sales Compensation Strategy 101

HR Daily Advisor

Setting the compensation strategy for the entire organization is no small task, especially when certain groups may warrant their own separate compensation strategy, as they have differing goals and objectives. Sales compensation strategy 101.

Compensation Wormhole

Compensation Cafe

He is passionately committed to aligning pay with company strategy and culture and considered a leading expert on equity compensation issues. Dan has written several industry resources including a recent Performance-Based Equity Compensation issue brief. Time Travel.

Surprising Statistics May Shape 2017 Compensation Programs

HR Daily Advisor

The pursuit of the right talent continues to be highly competitive and, according to the latest research from PayScale, that pursuit is shaping compensation programs and strategies. Compensation practices are increasingly being used as a way to cement relationships with employees.

2017 Compensation Budgeting Outlook

Astron Solutions

economy and compensation budget planning. So as we collectively begin the annual ritual of compensation budgeting, let’s start with a quick analysis of the projected economic climate for 2017. Economic Outlook for 2017. percent in the fourth quarter of 2017.

Washington policy update: March 2020 Benefits and Compensation Bulletin

Bersin with Deloitte

In 2017, Congress amended the ACA to eliminate any penalty associated with the mandate, which prompted this latest lawsuit. The post Washington policy update: March 2020 Benefits and Compensation Bulletin appeared first on Capital H Blog. Compensation and Rewards Washington Bulletin

Compensation Transparency: Advice for Getting the Balance Just Right

UpstartHR

This specifically applies to compensation as well. Trends in Transparency : A wide variety of trends have contributed to this increased demand for compensation transparency. If you’re interested in reading and learning more about compensation transparency, be sure to check out our free eBook on the topic underwritten by the great team at Salary.com, where this content was pulled from. General Communication Compensation eBook Lighthouse Research Research

Obituary for Equity Compensation

Compensation Cafe

Stock Options, Restricted Stock Units, young Performance Units and their cousin Non-Qualified Deferred compensation tragically died in 2017 as an unintended consequence of colliding with the 429 page U.S. Executive Compensation Regulations & Public Policy Stock/Equity Compensation

Compensation: The Gap in Communicating Company Culture

Everwise

Can compensation plans actually reflect a company’s organizational culture? Compensation Indicates Corporate Values. Compensation provides a direct indication of a company’s values. The Compensation Disconnect.

Why You Should Share Total Compensation Statements With Your Employees

Compensation Today

Last month when PayScale published the 2017 Compensation Best Practices Report (CBPR), research showed that 40 percent of all organizations provide total compensation statements. What Is a Total Compensation Statement? Learn More About Our Compensation Software.

IPO Equity Compensation Rollercoaster!

Compensation Cafe

This post is just a reminder of things any pre-IPO compensation or HR expert should know about what the world is like for the year after your IPO. IPOs and equity compensation have become almost mythical in the media and entertainment.

How to structure employee compensation

Workable

Pay structures define employee compensation for different jobs or groups of jobs. Here’s our guide on why and how to set up a pay structure: Why you need structured employee compensation. Determine the form of your employee compensation structure.

Summer Reading 2017: 5 Popular HR Analytics Articles You Need to Read Today

Visier

In fact, Merck KGaA now has a mobile people analytics app that is enabling 3,000 managers and HR employees to access information on employee headcount, diversity, staff turnover , performance assessment, and compensation.

Compensation Terminology 101

HR Daily Advisor

Like other professionals, compensation professionals can throw around a bunch of terms and acronyms that may or may not make a lot of sense to those not in the field. With that in mind, here’s a short overview of compensation terms that are sometimes confused with one another.

Get Me a Compensation Strategy, STAT!

Compensation Today

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy?

Compensation In The Real World

Compensation Cafe

I once supervised a Compensation Analyst who had spent much time attending professional seminars and workshops. One result of that education was that when faced with a challenge at work she would repeat her class experience by saying, “the greatest minds in Compensation say that. “.

5 Compensation Management Trends Taking Shape in 2017

HRsoft

Keeping an eye on compensation management trends can be helpful for HR professionals as they strategize and develop pay plans for their own organizations. Using Compensation to Communicate. To learn more about our Compensation Management Software, COMPview, click the button below!

How To Plan for Compensating Tomorrow’s Workforce

TLNT: The Business of HR

Compensation & Benefits HR Trends Incentives Talent Management Workforce Planning FeaturedThe Terminator had a big impact on my understanding of the future.

Want a Better Culture? Set Compensation Strategy Accordingly

Compensation Today

Compensation should be a reflection of and an extension of your culture. In PayScale’s 2017 Compensation Best Practices Report (CBPR), we found that 57 percent of organizations agree that compensation is becoming more important to their executives.

Communicating Compensation: Who Should Say What When

Compensation Today

Everyone in the organization has a role in the compensation conversation, but the timing is different for each job function. These should cover compensation philosophy and purpose, compensation plan changes at the highest level and next steps. Compensation plan information.

Compensation Conundrums and Commas

Compensation Cafe

You may have been warned to, "Watch your commas, Ps and Qs to be safe from compensation disaster." Or perhaps it was a warning to, "Watch your commas, Ps, and Qs to be safe from compensation disaster." The compensation issue came from confusion over a series of exempt categories.

Which Compensation Structure Is Right for Your Company?

Compensation Today

Compensation structures continue to evolve, and they usually do so to help organizations keep current with both market and workforce trends. Some may wonder what compensation structures are. How have compensation structures developed? Learn More About Our Compensation Software.

A New Employee Benefit: Social Justice PTO

HR Bartender

Business and Customers Recruiting and Retention Compensation and Benefits Social Justice PTOAt this year’s WorkHuman Conference , pioneered by Globoforce, I learned about a new employee benefit called social justice PTO. We’re familiar with the concept of PTO (paid time off).

How Compensation Can Help Your Company Innovate

Compensation Today

When we speak with manufacturing companies, they aren’t just looking for machine operators and production workers; they’re looking for compensation data on software developers and other high-tech talent. Focus on Compensation. Compensation Is Much More Than Data.