Compensation Cafe

JULY 17, 2020

Let's look at an example. Take another example -- you need to communicate the bad news that mid-year bonuses will not be paid because of business conditions. They may understand why there is no funding for bonuses, but they will still be disappointed. Earlier, she was a Principal at Willis Towers Watson.

Compensation 52

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Compensation Cafe

DECEMBER 5, 2019

It's time to accept that your job has changed from gatekeeper (limiting access to pay knowledge until employees are "ready") to educator (describing the nuts and bolts of salaries and incentives). Earlier, she was a Principal at Willis Towers Watson. Otherwise you will lose the battle of misguided data.

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Compensation Cafe

JUNE 25, 2019

As we all know, the FLSA specifies that nonexempt employees must be paid at least 1.5 If there is no complete definition of regular rate of pay, their lawyers ask, what if the government counts T-shirts and anniversary bonuses? Earlier, she was a Principal at Willis Towers Watson. Public transportation subsidies.

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Compensation Cafe

SEPTEMBER 10, 2020

If you want to change these practices at your company, the report offers further research findings plus practical advice. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Ready to get started on communications?

Compensation 85

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Compensation Cafe

OCTOBER 1, 2020

You should be as far from your video camera as you would be from the employee if the conversation were in-person -- and the position of your camera should be at eye level, if possible. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

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Compensation Cafe

JANUARY 26, 2021

salary increases and bonuses with flimsy links to everyday work, it's hard to engage people beyond job security unless you have career development alternatives to offer. This type of background work will create an environment for open discussion (rather than knee-jerk reaction) at the formal proposal meeting.

Compensation 52

Compensation Background screening Strategy Bonuses and Incentives 52

Compensation Cafe

APRIL 8, 2019

Looking at clear skies these days? Bonuses are paid, last year's results are old news and grand plans for this year have been signed, sealed and delivered. Take a look at Ann Bares' suggestions. Earlier, she was a Principal at Willis Towers Watson. You know, that ones that never seem to make it onto anyone's dashboard.

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Bonuses and Incentives Compensation eBook Performance Management 60

Compensation Cafe

AUGUST 9, 2019

When you talk about employee pay, even in one-on-one conversations, you should always describe it as part of the Total Rewards for working at your company. Teach your employees that the "value proposition" for working at your company reflects your full investment: base pay, benefits and perquisites, if you offer them.

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Compensation Cafe

FEBRUARY 11, 2020

And, when pressed, most of us admit that we don't have one at all. (No Then take a good look at the philosophy that emerges from the reality of your standards and practices. . You should also have a sound business explanation if you allow yourself to hire employees at different parts of the range. Who approves job offers?

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Compensation Cafe

MAY 28, 2019

Skip the following steps at your peril! Whether you are redesigning your base pay program or creating an incentive plan, it pays to learn from experienced colleagues, so I've included links to Compensation Cafe articles about each of these three best practices. Take a look at these: What If You Could Start from Scratch?

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Compensation Cafe

APRIL 28, 2020

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

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Compensation Cafe

MAY 22, 2020

Or, in the case of variable pay programs, if you concentrate exclusively on the incentives for recognition purposes, eventually you won't notice that you're decimating your base salaries. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

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Compensation Cafe

APRIL 16, 2020

Which is not to say that you have to yak at employees more than in the past, but that you should make improving your own communication abilities a priority right now. Career development. Incentives. Earlier, she was a Principal at Willis Towers Watson. After all, Human Resources is having shortages of our own.

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Compensation Cafe

NOVEMBER 28, 2018

In other words, they are just not comfortable looking at how their actions affect their employees in anything but the simplest framework. Does the individual have the potential to deliver at a noteworthy level that will advance business operations both now and in the future? Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

JUNE 25, 2020

Take a look at these top reasons for communicating to employees to see if you can find a new perspective that will lead to an upgrade in your department's communications. At the end of the fiscal year, the department has information about raises which they transfer to managers who send it down the line.

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Compensation Cafe

MARCH 17, 2020

Otherwise we won't ENGAGE IN THE ACTIONS like self-quarantine which may be good for older citizens, but we wouldn't be at all willing to take an action like that without obtaining detailed insights into its importance, as well as discussing it with family and friends. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

NOVEMBER 24, 2020

71% of us in HR report that 2020 is the most stressful year of our career, so I know I'm asking a lot. But years like 2020 are also the ones that show how effective HR is at strategy. Years like this are also the best time to build deeper relations with management, who are also worried about employees at this time.

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Bonuses and Incentives Compensation eBook Career Development 52

Compensation Cafe

MARCH 13, 2020

There are opportunities to move up in almost every setting, whether or not the company has a formal career development strategy. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Bonuses and Incentives 52

Bonuses and Incentives Compensation Career Development eBook 52

Compensation Cafe

JANUARY 14, 2021

Still haven't solved that compensation issue that's been nagging at you? Stay up to date on pay and career practices at local and national competitors. Especially for annual programs like incentives that are not thought about in every month of the year. Earlier, she was a Principal at Willis Towers Watson.

Compensation 52

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Compensation Cafe

MAY 7, 2020

You may put strawberries and mangoes into the blender, but when you flip the switch to "Off," pour it out, and raise the glass to look at it before the first sip, you wouldn't be sure what went into the mixture if you weren't there when the blender was fired up. In our offices, we're not interested in smoothies at all.

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Benchmarking Bonuses and Incentives Compensation eBook 52

Compensation Cafe

JUNE 17, 2019

We have no place to go but up, so improvements could happen at any time. Figure out all of the ways that you can support them in pay and performance decision-making and give them first shot at your budget. Step back and look at those outcomes. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

JULY 19, 2019

This is the best logic I've ever heard on the rationale for this "one size pretty much fits most" pay practice -- to which the McKinsey writers add encouragement for spot bonuses that are calculated as a percent of base pay rather than a negligible amount. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

AUGUST 20, 2019

New incentive coming up next year? Whether you're developing an implementation plan or a communication plan, it's crucial to start by defining the habits, understanding and attitudes that exist now and will just be plain wrong when you move into your new plan or new compensation year. New business goals coming up next year?

Compensation 55

Compensation eBook Career Development Performance Management 55

Compensation Cafe

DECEMBER 17, 2019

I know what I can do to influence the size of my incentive. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Earlier, she was a Principal at Willis Towers Watson. I'm sure you can come up with some more.

Compensation 52

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Compensation Cafe

AUGUST 6, 2019

Those drive-through meetings always seem like the only realistic way to go, given everything else that's going on at that time of year. . Don't even look at what you used for communications last year. So what if the tools you are using are the same -- your performance management program, merit raises and bonuses?

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Bonuses and Incentives eBook Planning Tools Performance Management 40

Compensation Cafe

DECEMBER 10, 2018

Editor's Note: It may not be too late to positively impact those year-end compensation conversations happening at your organization. You may have already completed performance appraisal discussions, but performance should certainly be part of the discussion when 2014 increases and bonuses are covered with employees.

Bonuses and Incentives 51

Bonuses and Incentives Background screening Compensation eBook 51

Compensation Cafe

SEPTEMBER 18, 2019

Meet privately with each executive who will be at a full meeting of the executive team. Plan to discuss when the executive team would welcome subsequent team briefings -- at key milestones in the design process when their input will have real value. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

JULY 10, 2017

The number of students at the various Big Ten Campuses would be a place to start. Size of endowment and development responsibilities would have also helped -- especially the trends during her tenure. Same thing at the end of year. Earlier, she was a Principal at Willis Towers Watson. Pretty transparent, don't you think?

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Compensation Cafe

APRIL 25, 2019

At the same time, mid-career hires are tricky. Let's face it, the job switch is a life event for most of your candidates, involving substantial change and readjustment as well as career promise. Incentives. Mid-career hires take this to the next level. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

JANUARY 5, 2021

But even if you don't have a milestone presentation scheduled, realize that there are ongoing discussions at upper levels about how the team is progressing -- these happen with or without your team's knowledge. Also, at the beginning of each stage of the project, imagine what you will be presenting once you meet the next milestone.

Compensation 52

Compensation Planning Tools eBook Performance Management 52

Compensation Cafe

SEPTEMBER 22, 2020

Face it, you risk missing out on real talent (at a lower salary) if you keep your recruiting pools too restricted. How good are you at this? Does your company have a reliable career development infrastructure? Do you use career levels to price jobs? Earlier, she was a Principal at Willis Towers Watson.

Hiring 45

Hiring Compensation Career Development eBook 45

Compensation Cafe

OCTOBER 24, 2019

Here are three tips you can use any time during the year, but most of all during merit increase and incentive award periods. If the email/intranet mix described is not available at your location, then turn to Q and A communications. Earlier, she was a Principal at Willis Towers Watson. Get yourself a champion (or champions).

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Compensation Planning Tools eBook HR Software 58

Compensation Cafe

FEBRUARY 19, 2018

Have a look at what the outside world says about our work -- at a minimum, you're bound to learn some things about Glassdoor that will come in handy: " Where Did Your Pay Raise Go? Especially informative is the Aon Hewitt visual about the share of companies' payrolls devoted to bonuses vs. the share devoted to salary increases. "If

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Compensation Cafe

MAY 3, 2019

There is an extreme mismatch between what our employees really want and our efforts at motivating them (through feedback, merit increases and incentives). . of the Center for Effective Organizations at the University of Southern California. Earlier, she was a Principal at Willis Towers Watson. Ledford, Jr.

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Video Recruiting Compensation eBook Career Development 40

Compensation Cafe

OCTOBER 8, 2018

Find ways to include longer explanations that employees can read at their leisure -- for example, Qs and As and tip sheets that they can refer to on your intranet. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 45

Compensation eBook Career Development Performance Management 45

Compensation Cafe

MARCH 22, 2021

At the same time, we tell ourselves that we are a great find and the employee should realize it. Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Earlier, she was a Principal at Willis Towers Watson.

Compensation 52

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Compensation Cafe

MAY 14, 2018

If you're an HR office of one, busily juggling everything from beneficiary forms to incentive awards, it's hard to believe that you share any pressures with other HR managers. I will cover the first three sizes in the series and leave it at that. This is the first in a series.

Compensation 45

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