Compensation Cafe

MAY 28, 2019

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. Singing, Dancing and Posing: Aligning Incentives, Performance Metrics and Strategic Objectives by Stephanie Thomas.

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Compensation eBook Career Development Metrics 85

Compensation Cafe

SEPTEMBER 10, 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 eBook Study Career Development 85

Compensation Cafe

SEPTEMBER 22, 2020

Is there predictive data that can guide us? This report talks about "nominal" differences in groups, but that word just helps them communicate what they've found and sidesteps the fact that the data may not be either robust or predictive. Does your company have a reliable career development infrastructure?

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Hiring Compensation Career Development eBook 45

Compensation Cafe

JULY 19, 2019

Before I share the three factors that stand out as affecting employee perception of procedural fairness, I want to point out that global executives provided this data to McKinsey & Company -- a company that is not typically tied to Human Resource consulting. Why is the company interested now? But is there a bottom line?

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Performance Management Bonuses and Incentives Compensation eBook 45

Compensation Cafe

JANUARY 14, 2021

Have you found good data for all of your jobs? Especially for annual programs like incentives that are not thought about in every month of the year. 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 5, 2021

Most reviewers prefer data presented graphically, so visuals like dashboards send powerful messages about your project management achievements. . Your presentations will not only be about data or plan design. To keep your communications crisp and meaningful, design a dashboard that you (and your sponsor) can use to visualize progress.

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Compensation Planning Tools eBook Performance Management 52

Workable

FEBRUARY 16, 2024

At their core, employee incentive programs are designed to recognize and reward employees’ contributions, thereby fostering a culture of appreciation, motivation, and loyalty. What are employee incentives? These incentives can be broadly categorized into two types: monetary and non-monetary.

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Compensation Cafe

DECEMBER 10, 2018

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. Data supports our empirical findings. Explaining consistently to all employees, how the budgets have been allocated for merit increases and bonuses.

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Bonuses and Incentives Background screening Compensation eBook 51

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). . 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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Video Recruiting Compensation eBook Career Development 40

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. Since there are no clear paths to achieving these goals yet, nor are there enough performance data to make reliable plans, day-to-day work can be erratic for everyone.

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Compensation Bonuses and Incentives Background screening Hiring Software 45

Compensation Cafe

MARCH 22, 2021

When the data shows that we keep doing the same thing -- and getting away with it -- there's no need to change. Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Recent findings are more blunt.

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Compensation eBook Career Development Talent Experience 52

Compensation Cafe

MARCH 5, 2019

Market tested your incentive rates? By the time you have 100-200 employees, you've decided to check your offers with some market data. But odds are, it took a while before you were able or willing to pay for GOOD market data. You certainly couldn't have said that you really didn't have the data back that up.

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Compensation eBook Career Development Data 49

Compensation Cafe

JULY 28, 2020

What have data and analytics got to do with compensation communications? You can use employee data and analytics to learn how to talk in a more relevant and engaging way with your employees. Back at the ranch, data and analytics show you how to convince your employees about the important points you need them to understand and support.

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Compensation Cafe

JANUARY 31, 2019

The New York Times included an op-ed with data to support this statement, "People between the ages of 25 and 34 were earning slightly less in 2017 than people in that same age group had been in 2000." Check out the visual, it's pretty shocking, especially when you compare the Millenials' trend lines with those of other age groups.

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Compensation Career Development eBook Trends 51

Compensation Cafe

JANUARY 8, 2021

How will the data be used? And when it comes to competitor insights, make sure to keep your data fresh. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. You probably learn a lot, too, as long as you make a point of it.

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Compensation Cafe

JUNE 30, 2021

The outcomes of the design process can make compensation administration, career development and workforce planning so much more effective. If you have the budget, it's particularly important to partner with experienced firms for this work--the projects involve so much data that they can easily get bogged down.

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Compensation Cafe

MARCH 25, 2020

Routinely short on data? You can use this situation to make a sound case that working from home would be more effective with accurate data that everyone on the team can share. You've probably read about the various companies that are paying their employees bonuses in recognition of extra work hours or difficult work environments.

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Bonuses and Incentives Compensation eBook Planning Tools 40

Compensation Cafe

JULY 30, 2019

If you start on this data gathering in August, you'll have enough time to really analyze the status quo and plan improvements before September due dates. 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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Planning Tools Compensation Compliance Training Performance Management 45

Compensation Cafe

DECEMBER 10, 2014

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. Data supports our empirical findings. Explaining consistently to all employees, how the budgets have been allocated for merit increases and bonuses.

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Bonuses and Incentives Compensation eBook Performance Management 45

Compensation Cafe

NOVEMBER 6, 2018

Trap #4 -- Data Without Attention to Detail -- If there is a mistake in the presentation, or if you can't answer a question succinctly using data from your presentation, you and your presentation will lose credibility. If you don't know the answer to execs' questions, just indicate that you will look into them and provide an update.

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Planning Tools Interview Software Recruiting Software Bonuses and Incentives 45

Compensation Cafe

MAY 25, 2018

I just began working with a client -- global, successful in the recession -- that gives market data to all its managers so they can make their own decisions. Another important detail is that all employees are eligible for incentives. I have seen them proven time and time again in clients small to huge. At least until now.

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Compensation Cafe

MARCH 8, 2018

How to solve common Life Science job leveling and salary data questions Life Science jobs evolve so quickly, anyone trying to make compensation decisions would be thrilled to get advice. 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 18, 2018

Generate data -- You and your team should be able to respond immediately to up to 20 demographic questions about your employee population. Odds are you're spending more on hiring bonuses (because you're not sure about your salaries) than you would spend on compensation surveys. Earlier, she was a Principal at Willis Towers Watson.

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Hiring Software Planning Tools Compliance Training Bonuses and Incentives 40

Compensation Cafe

JUNE 17, 2021

Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm is re:Think Consulting. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

MARCH 8, 2017

The data shows that this comes in right up there at #2. Many candidates come from employers who use incentives very differently than your company does. Incentives give you an opportunity to personalize rewards -- which is a current employee preference -- so if that's the way your total compensation works, promote it.

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Compensation Cafe

JUNE 14, 2017

In the meantime, the work world has changed immensely in terms of regulatory policies, economics, workforce priorities, data analytics, productivity through technology and so on. 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 2, 2019

Imagine how much useful, field-proven data you could share with your managers to improve business results. . 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.

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Compensation Cafe

SEPTEMBER 28, 2017

And if you haven't yet, now is the time to help them answer questions about crowd sourced pay data. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Invite your "median employee" to help finalize merit increases.

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Bonuses and Incentives Compensation Performance Management eBook 40

Compensation Cafe

NOVEMBER 16, 2015

Their data indicated that "Instead of managers being the primary driver of engagement, our CEO was the primary driver of engagement.". After all, data has consistently indicated for decades that managers are the primary drivers of engagement. Let's take a close look at what distinguishes the Twitter data.

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Compensation Cafe

AUGUST 6, 2020

With HR building a single operating calendar for open enrollment, performance management, raises, incentive awards and development planning. Use the range of data at hand to understand the attitudes and beliefs that employees bring to the table right now. Where do you start? so you can notice and eliminate log jams.

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Compensation Cafe

FEBRUARY 25, 2020

But we can use this data to help us make our designs more practical, and if we're successful, compensation can finally become far more influential in the workings of our companies. 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 eBook HR Function Performance Management 69

Compensation Cafe

OCTOBER 14, 2015

Build a systematic, data-based approach for a highly emotional form of decision making. And as Dan pointed out yesterday, even the august duo of Towers Watson and Aon Hewitt are admitting to what the data has actually told us for a few years, ". let's not just stick those incentives on a flat base pay and call it total compensation.

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Compensation Cafe

MAY 4, 2018

I'm talking about employee data of course. And the reason I'm sending out this reminder is because so many of the companies that I've worked with do not mine their data. When I ask them for data on their employees, they give me their best guess. Last I checked, that goldmine's sitting smack dab on your property.

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