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Strategy Not Part of Your Rep? Here's How to Change Their Minds

Compensation Cafe

In my last blog article , I explained how you can cut and paste your way to a compensation philosophy. In comparison, strategic insights occur when you put your compensation practices and philosophy in a new light, where the illumination falls on the challenges your company will face tomorrow. Don't know where to start?

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What Is Job Leveling? 9 Implementation Steps To Take in 2024

Analytics in HR

For individual career development, it creates clarity around opportunities for advancement and the exact requirements at various levels, if defined well as part of organizational design. For example on retention, promotions, internal mobility , market comparison etc.

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Employee Performance Survey with 53 Sample Questions

Vantage Circle

According to a study by BetterWorks, Companies that adopt continuous performance feedback significantly outperformed competition at a 24% higher rate. Benchmarking: Standardized survey metrics facilitate comparison of results against industry benchmarks and past performance. This helps measure progress.

Survey 52
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What Is Competency Mapping? The Ultimate 2024 Guide for HR Managers in UAE

Bayzat

That’s why many HR managers are now turning to competency mapping to help identify skill sets and gaps in individuals or teams. In this article, we define competency mapping, discuss various types of competency mapping, and the strategic value it can bring to UAE HR managers. What Is Competency Mapping?

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Cafe Classic: You're Not Treating Me Fairly! (Is This Another Compression Headache Coming On?)

Compensation Cafe

It’s a great follow up to Stephanie Thomas’ recent article on research that indicates, among other things, that executives care less about absolute earnings than they do about how they are paid relative to their peers. Are they being recognized in line with their own perceptions of their effort, performance, qualifications, job challenges?

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Ripped from Today's Global Headlines: Lessons on Executive Pay Ratio Communications

Compensation Cafe

As we have talked in many Compensation Cafe articles, people use numbers as "anchors" for comparative purposes. You can expect the Executive Pay Ratio and Median Employee to be used as anchors for comparison. In other words, they will automatically raise questions -- even among executives, as the Carrie Gracie story illustrates.

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Succession Management: 9 Steps For Future Success

Analytics in HR

Overall, investing in employee career development and succession management programs help you improve employee retention. Furthermore, external hires often get paid more and perform worse in performance reviews. In fact, a study found that external hires are 61% more likely to be laid off or fired.