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Growing a Healthy Compensation Program -- Part Two

Compensation Cafe

Case background: In the first article , we looked at the compensation habits of a company called Healthy Gadgets, a new medical device company that began with fewer than 100 employees. Employees were informed of the effect of the one-time operating cost on the bonus. BTW, annual merit increases have been paid in the past two years.

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Help Managers with the Challenges of Video Calls

Compensation Cafe

Here are some examples of the nuts and bolts you could cover in communications: Set the stage well -- To make focus on the conversation easier to achieve, eliminate distractions in the video background. Follow up -- Check in with your employees within two weeks of the conversation. Or cry, or raise his/her voice in anger.

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Overlooked Fundamentals of Compensation Strategy

Compensation Cafe

Behavioral economics research can teach us many ways that our programs can be more effective. So if we remain unaware of the research findings we will literally be less effective than we can be. The findings can also make us wiser in our day-to-day work. Some of the findings verify long held beliefs but many more are counterintuitive.

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Cafe Classic: There May Still Be Enough Time!

Compensation Cafe

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. Explaining consistently to all employees, how the budgets have been allocated for merit increases and bonuses.

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Growing a Healthy Compensation Program

Compensation Cafe

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. Case background: Healthy Gadgets is a new medical device company with fewer than 100 employees who both research and produce its products.

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Growing a Healthy Compensation Program -- The Turning Point

Compensation Cafe

Case background: Let's take another look at Healthy Gadgets, the medical device company whose growth we've been tracking through the series. After all, your main goal in the early days was to move fast and respond to all requests by the end of the day. The employee count is up to 843.