Compensation Cafe

MARCH 29, 2018

Cooley (otherwise know as "the #1 law firm on Fortune's best company list") does a great job of aggregating early pay-ratio trends from a variety of sources including Mercer , Bloomberg and Compensation Advisory Partners. This article includes comments on communication trends as well.

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Compensation Cafe

JANUARY 22, 2020

Yep, this became an issue at least ten years ago. After all, those who handle compensation influence most talent strategy components including recruiting, performance management, development and staffing. . Become expert at the strategic plan. Keep at it until you find a way in. Why is HR's ability still in question?

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Compensation Cafe

OCTOBER 25, 2018

Plus, every bit of research tells us it's critical to effective compensation. If you're a regular reader of Compensation Cafe, you know that when we talk about pay transparency, we're referring to being clear(er) about how compensation works. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

FEBRUARY 6, 2017

Compensation Cafe has covered Wells Fargo's pay practices since 2009, when the Bank canceled prefunded employee recognition and rewards events in the midst of the Recession, blaming it on federal government restrictions on bank practices following the subprime mortgage crisis. That means your compensation plan, too.).

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Compensation Wellness ATS eBook 40

Extensis

APRIL 4, 2024

Mental wellness resources : Providing workers access to an employee assistance program (EAP), telehealth coverage, in-office wellness spaces, and a flexible work-life balance can maintain their energy levels and safeguard their mental health. Note: This is not an exhaustive list of HR resources.

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Compensation Cafe

MAY 24, 2017

Everything we do in compensation is communication. This is not only the name of a fabulous book (see my bio), but it also describes a fundamental belief of many Compensation Cafe writers. Compensation colleagues, you can create a compensation plan with this principle in mind, and still miss many important nuances.

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MP Wired For HR

DECEMBER 19, 2023

A Brief Look at the FLSA Today, a Significant U.S. But before we address any potential changes, let’s take a brief look at the current FLSA. Employers must comply with state and local labor laws to ensure they’re meeting all relevant obligations related to employee compensation and benefits. How can that be?

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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. if we are to stay well and safe.

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Compensation Cafe

JUNE 10, 2022

Managers are the compensation communicators in your company. Not HR, not Legal, not even the CEO whose job is to explain why your compensation program makes good business sense -- but doesn't have to explain another 3%ish increase to a new parent. Earlier, she was a Principal at Willis Towers Watson.

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Recruiters Lineup

AUGUST 3, 2023

Financial stress is a significant concern for employees, impacting their overall well-being and job performance. In response, many employers have implemented financial wellness programs in the workplace to help employees improve their financial health, thus making informed decisions about their finances.

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Compensation Cafe

JUNE 24, 2020

Many of our organizations use competencies to signal how work should be approached and to assess how well we are doing our jobs. or are they well past their expiration date? Next, look closely at the competencies you are using for performance management and career development. Are your competencies up to the task.

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Heyyy HR!

MAY 4, 2023

There are multiple ways to get pay increases at work. Often we accept a new job offer, then start the new position only to realize after agreeing to the initial pay/compensation that the work involves a lot more than we realized. are considered documentation as well. It’s not until then that we realize we’re being underpaid.

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Compensation Cafe

JULY 14, 2017

Editor's Note: In today's Classic post, we revisit Margaret O'Hanlon's sage career advice for fellow compensation pros. HR Operations and Compensation Design). If you're in Compensation but unaware of what's in the annual report, you really may not be doing your job as well as you could. Looking to advance?

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Compensation Cafe

JULY 28, 2020

What have data and analytics got to do with compensation communications? Imagine you had to tell the Compensation Committee that the company couldn't afford one of their proposals. Of course your explanations for the Comp Committee would have far more detail than the ones you used at home. Think back to the earlier example.

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Compensation Analytics eBook Comparison 52

Compensation Cafe

JULY 17, 2020

Many of our colleagues would say that compensation has nothing to do with feelings. On the other hand, feelings have a lot to do with compensation COMMUNICATIONS. On the other hand, feelings have a lot to do with compensation COMMUNICATIONS. Addressing feelings through compensation communications is tricky business.

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Compensation Bonuses and Incentives Competencies Planning Tools 52

WorkTech

MARCH 9, 2017

Compensation Practices Driving Cultural Shifts In Performance Management Explored In New #HRWins eBook. Free eBook Download. ” Well, there isn’t any excuse for not knowing any more. Data that give employees an idea of their fair market value for total compensation. But, what hasn’t changed?

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Compensation Cafe

OCTOBER 24, 2019

The compensation communication cycle takes many weeks -- too long to be disconnected from your audiences. Treat compensation as part of the business cycle. Compensation Cafe founder, Ann Bares, recently wrote a fabulous guide to developing a compensation philosophy that can help you obtain key insights by asking crucial questions.

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Compensation Cafe

FEBRUARY 8, 2018

What keeps employees at your company? Start tomorrow -- If you are using your intranet to promote Wellness, you can use it to promote career management just as easily. You determine roles by starting at the entry point and working up. Earlier, she was a Principal at Willis Towers Watson. What's getting in the way?

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Career Development HR Planning Company Compensation 45

DailyPay

APRIL 10, 2021

Compensation Force measured the level of total separations in the United States 2016 at 15.1%. SHRM predicts the annual turnover rate to be close to 19%, and also assumes that the average cost-per-hire to fill a position at $4,129. READ OUR EBOOK. Pay well, or pay differently. In other words, 15.1%

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Retention and Turnover Industry Hiring Software Staffing Software 59

EngagementMultiplier

JANUARY 18, 2022

If your organisation is struggling to fill a particular role or retain employees in a certain department, take a look at the jobs themselves. Rewards play a key role in job design and include more than compensation and bonuses. Let’s look at each in the context of their role in job design. Skill variety.

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Compensation Cafe

JANUARY 14, 2020

How many times have you heard that compensation communications needs to take a marketing approach? It sure sounds like a better way to go at communications, but what does it really mean? Deeper understanding should make it possible to get better at your compensation communications. But we don't usually give it that time.

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Compensation Today

AUGUST 21, 2017

This is an excerpt from our recent ebook collaboration with BambooHR entitled How to Turn Diversity Into a Major Asset for Your Organization. Download the full ebook here. We (reasonably) expect to receive some sort of compensation in exchange for our efforts. Learn More About Our Compensation Software. GET A DEMO.

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Compensation Diversity Hiring Software eBook 67

Compensation Cafe

JUNE 25, 2015

Like every company back to the Cro-Magnon period, they are starting out by looking at compensation. You've got to start somewhere and insight into compensation provides the newbie with a staffing study, organizational chart, large portion of operating budget and so on. Revs up your recruiting plans, too.

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Compensation Cafe

JULY 20, 2016

Then I realized that I might be on to something that you would find interesting when my Board of the Bay Area Compensation Association (BACA) invited Gary Schlossberg of Wells Capital Management to speak about, 'From "Goldilocks" to "Alice in Wonderland:" The U.S. and Global Economies in a ""Post-Brexit" World.'.

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Compensation Cafe

NOVEMBER 20, 2017

Managers are the compensation communicators in your company. Not HR, not Legal, not even the CEO whose job is to explain why your compensation program makes good business sense -- but doesn't have to explain another 3%ish increase to a new parent. Earlier, she was a Principal at Willis Towers Watson.

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Compensation eBook Career Development Performance Management 53

Compensation Cafe

MAY 22, 2020

In this Classic post, Margaret O'Hanlon introduces us to a couple of "laws" touted in Economics that offer lessons we'd be wise to add to our compensation (and broader HR) toolkits! In other words, it seems like people who are saving the world in the capital markets give them credibility, so we might as well give it a try it, too.

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Compensation Bonuses and Incentives Performance Management eBook 52

Compensation Cafe

JANUARY 27, 2016

We're going to look at some descriptive research today. Instead of debunking the potential for improvement in performance management, I want to share a case study of impressive innovation underway at Juniper Networks. Juniper Networks built it to empower everyone to use their talents and then evaluate how well they went about it.

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Compensation Cafe

MARCH 2, 2021

Editor's Note: Struggling to root out those scary "legends" about how compensation works at your organization? That's the theme of most HR conversations about compensation communications. Think our compensation communication urban legends get in the way? It's too bad, really. Ok, I can hear it now.

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Compensation Cafe

APRIL 9, 2018

What, if anything, does that have to do with our compensation work? You know, just like if you have a new compensation change or improvement, why don't employees and managers just buy it and applaud your innovation? They have to introduce new insurance and wellness products regularly. Let's start with the humdrum basics.

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Compensation HR Planning Retirement eBook 55

MP Wired For HR

DECEMBER 14, 2023

But before we address any potential changes, let’s take a brief look at the current FLSA. A Brief Look at the FLSA Since 1938, the FLSA has been protecting workers’ rights by establishing certain basic labor standards including minimum wage, overtime pay, and child labor regulations. They must be counted as hours worked.” 

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Embroker

JULY 27, 2022

Get the right coverage at the best price. Proper office equipment and dedicated, reliable internet services are essential as well. . There is no better way to represent your brand than through a strong portfolio on a well-designed website. Provide free promotional resources such as ebooks or online courses. find a policy.

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Prism HR

OCTOBER 22, 2019

It’s your responsibility to ensure your employees are paid on time, stay safe throughout the workday, and have access to benefits like workers’ compensation, health insurance, and 401k. A co-employment model means that: Your worksite employees are jointly employed by the PEO at the state and federal level. Download the eBook.

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MP Wired For HR

DECEMBER 27, 2023

With the world of work evolving at breakneck speed, HR professionals have found themselves at the forefront of a major transformation. They are the architects of talent acquisition and retention, the champions of employee well-being, and the navigators of change.

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UKG

OCTOBER 19, 2023

How a Culture of Trust Can Make a Company a Great Place to Work heather.vanhou… Thu, 10/19/2023 - 13:25 Main Image Background Color Blue Body A great employee experience doesn ’ t hinge solely on compensation or benefits. Scenario of pride in action: Meet Salma, a dedicated project manager at Y Inc.

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Compensation Cafe

OCTOBER 1, 2020

These are not the regular, squirmy video meetings that can be challenging to accomplish well on any workday. This kind of insight is the toughest interaction to pull off well on video, since everyone has to work much harder to process non-verbal cues on video compared to in-person conversations. Ask the employee to do the same.).

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Background screening Compensation eBook Performance Management 100

Compensation Cafe

MAY 14, 2018

Nonetheless, consultants and researchers will tell you that there are some predictable similarities between the reward challenges of companies that are the same size and/or at the same stage of development. I will cover the first three sizes in the series and leave it at that.

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MP Wired For HR

JANUARY 9, 2024

This wasn’t just about optics; it necessitated HR professionals to re-evaluate compensation strategies, talent acquisition models, and operational costs in low-wage sectors. working a hybrid model, and 98% of workers want to work remote at least some of the time. of full-time employees working from home , 28.2%

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