Compensation Cafe

JUNE 25, 2019

Nonetheless, I'm intrigued that the Society for Human Resource Management (SHRM) recently announced that they are supporting a proposed update to the Fair Labor Standards Act's (FLSA's) definition of "regular rate" of pay. As we all know, the FLSA specifies that nonexempt employees must be paid at least 1.5 Discounts on gift cards.

Bonuses and Incentives 59

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Compensation Cafe

SEPTEMBER 10, 2020

An interesting finding: HR professionals tend to confuse "pay transparency" and "pay equity." The outcome of a pay equity study is an analysis of what causes pay inequities and plans for fixing those identified. Pay equity is studied through metrics that illuminate your practices. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

APRIL 16, 2020

After all, Human Resources is having shortages of our own. Annual planning. Career development. Incentives. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Giving feedback. manager's tools.

Planning Tools 52

Planning Tools Compensation eBook Career Development 52

Compensation Cafe

JUNE 6, 2019

Today's article is the second in a series on the Virtual Reality (VR) of compensation plan design. Last time , we visited some best practices for preparing to start a plan design project. Envisioning the future in living color is really the only effective way to navigate the gap between today's practices and the results you envision.

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Compensation Cafe

JUNE 19, 2018

Suddenly the company size becomes a game changer for everyone, including Human Resources. When we think about operations and logistics, Human Resources doesn't always come to mind, but once you're growing past 500 employees, it becomes logistically impossible to follow many of the practices that you relied on earlier.

Compensation 40

Compensation HR Planning Bonuses and Incentives Hiring Software 40

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. HR and management are beside themselves because the employees seem intractable in their anger and frustration. 2020 has just been too much.

Bonuses and Incentives 52

Bonuses and Incentives Compensation eBook Career Development 52

Compensation Cafe

JUNE 17, 2019

Or how about building an online resource that helped them understand the pros and cons of giving everyone the same bonus, and showed them simulations for different payout scenarios? How about a deep briefing on what competitive total compensation means and how Human Resources makes it come about? Marissa Mayer, Yahoo!)

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Compensation Cafe

NOVEMBER 28, 2018

HR review -- HR review and sign off of proposed merit increases (before they are communicated to employees) is one way of working with managers. Remember, some companies have begun to put their differentiation efforts into incentive payments rather than salary increases. Build discipline into your reward logic.

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Compensation Planning Tools Interview Software eBook 80

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

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! Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 52

Compensation Bonuses and Incentives Performance Management eBook 52

Compensation Cafe

MARCH 17, 2020

The government has an easier time than we do in HR because most Americans are pretty willing to ACCEPT that local governments are on our side. Typically, we highlight the features of the plan and how the schedule works. It's moving quickly, maybe too quickly and our FEELINGS about the virus are growing stronger.

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Compensation Cafe

MARCH 13, 2020

Falling back on HR and Comp buzzwords while failing to provide the detail and clarity that make the information meaningful to employees? There are opportunities to move up in almost every setting, whether or not the company has a formal career development strategy. Just don't think you can create them behind closed doors in HR.

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Bonuses and Incentives Compensation Career Development eBook 52

Compensation Cafe

JUNE 30, 2021

The outcomes of the design process can make compensation administration, career development and workforce planning so much more effective. Traditional examples of job families are Finance, Legal, and Human Resources. Job architecture is a hot topic right now, and I have to admit that I am pleased. Job functions.

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Compensation Workforce Planning Career Development eBook 52

Compensation Cafe

MARCH 5, 2019

Market tested your incentive rates? There are two, or if you're lucky three, people in Human Resources, but there could be only one. Before you introduce the new, industry-standard compensation plan, how does compensation work in the company NOW? Have you just invented your company's first salary structure?

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Compensation eBook Career Development Data 49

Compensation Cafe

APRIL 9, 2018

Just as increased medical deductibles can simply telegraph higher out-of-pocket costs to employees unless they are addressed from a marketing standpoint, compensation announcements are strengthened by addressing employees' desires for recognition, a career with a successful company and retirement.

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Compensation HR Planning Retirement eBook 55

Compensation Cafe

JUNE 26, 2017

I have no doubt that EBITDA is the right target measure for most companies to hang all or part of incentive plan funding on. Will it cause the manager in shipping to make an effort to improve delivery times so this year's incentive plan is funded? Experienced financial advisors turn to it repeatedly. I bet it can.

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Compensation eBook Career Development Performance Management 40

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. After the announcement communications, check to see if your plans include everything managers need either by asking around informally or better yet, sending out a short questionnaire. How can you do this easily?

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Compensation Planning Tools eBook HR Software 58

Compensation Cafe

MAY 3, 2019

Editor's Note: We in HR and compensation are as susceptible to fads as our counterparts in other disciplines. That's the term that gets drop kicked when leadership is casting aspersions on HR. That's the term that gets drop kicked when leadership is casting aspersions on HR. Flavor of the month.

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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. and you can go home many more weekends feeling confident that you're an effective HR leader. HR doesn't have a budget for salary surveys.

Compensation 45

Compensation Bonuses and Incentives Background screening Hiring Software 45

Compensation Cafe

MARCH 28, 2017

Put a group of Human Resource professionals together to talk about pay and we act like everyone else. Start your career with an unnecessarily low salary and you will stay in the lower distribution of your pay opportunities for years, if not decades, to come. Are you planning on having a family? That's right.

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Bonuses and Incentives Compensation eBook Retirement 40

Compensation Cafe

MARCH 22, 2021

And once we start going steady, our goal -- in HR-speak -- is to build Engagement. Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Out of this phase of our relationship comes a job offer.

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Compensation eBook Career Development Talent Experience 52

Compensation Cafe

DECEMBER 18, 2018

The online Business Dictionary defines business strategy as: -A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem. The art and science of planning and marshaling resources for their most efficient and effective use. Can you develop these business insights on your own?

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Strategy HR Planning Planning Tools Interview Software 40

Compensation Cafe

SEPTEMBER 21, 2018

Let’s say, a year when there will be layoffs and no bonuses. As I mentioned, for me at least, urgency, empathy and innovation represent the essence of pay for performance -- and the essence of the design and communication roles for executives, managers, employees and human resources. What do you think?

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Meeting Bonuses and Incentives Compensation eBook 40

Compensation Cafe

JULY 28, 2020

Oddly enough, these numbers can help you give your communications a more personal tone, make them more user friendly and enable you to bridge the gap between HR-speak and employee-speak. Recently, the big consulting firms have talked about "personalizing" HR communications. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Analytics eBook Comparison 52

Compensation Cafe

APRIL 19, 2017

Updating compensation practices or redesigning a plan? Like any other Human Resource effort, there are good, better and best options about the way you go about it. Why ask managers and employees about how they understand pay for performance, when you're not planning to change the performance management process any time soon?

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Compensation Comparison eBook Performance Management 40

Compensation Cafe

JANUARY 18, 2018

It's time to cement your project plans for the coming year, so I thought I'd pass along some items to consider before you submit for approval. If so, it would be a valuable discussion point (and possibly a new strategic organizing position) before you complete your planning for next year. Wonder why HR emails don't get read?

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Hiring Software Planning Tools Compliance Training Bonuses and Incentives 40

Compensation Cafe

APRIL 8, 2015

We designed the plan to attract and retain employees, With our new way of paying, we''ll attract and retain the best, Attraction and retention is the heart of our Total Rewards, Guess that''s why we keep repeating. (One more time, with gusto). Every time, someone in Human Resources insists it comes back.

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HR Planning Bonuses and Incentives Gusto Compensation 40

Compensation Cafe

JANUARY 8, 2021

Find out what they thought about career programs, performance management, manager skills, their HR department. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Interview new hires that come from those companies.

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Compensation Compliance Training Certification eBook 52

Compensation Cafe

SEPTEMBER 18, 2019

Her idea was to address a number of problems that she believed were obvious obstacles to the compensation plan's effectiveness. The executive team, it turned out, did not agree with her assessment of the obstacles and saw no reason for a new plan. In many organizations, the HR business partners can give you this orientation.

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Compensation ATS eBook Career Development 40

Compensation Cafe

AUGUST 21, 2018

Planning to upgrade compensation management with new software? HR often stays stuck in the, "If we build it, they will come" mentality. Since our implementation reticence is common, software companies could limit HR ability to release the software until they've passed a security gate. It's a common issue right now.

Planning Tools 40

Planning Tools HR Software Software Compliance Training 40

Compensation Cafe

MARCH 8, 2018

It's a shame, because using surveys is one of the fundamental ways that HR can transform from transactional to strategic. 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.

Planning Tools 40

Planning Tools Compensation HR Software eBook 40

Compensation Cafe

AUGUST 31, 2017

It's all the rage in HR land. Towers Watson (TW) just reported research on how the two parties feel about the whole thing in a report called, " HR and Finance Partnership Opportunities." As TW points out "HR and Finance have a shared mandate: Reduce costs, sustain or enhance productivity, and keep the talent pipeline full.

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eBook Compensation Career Development Metrics 40

Compensation Cafe

MARCH 23, 2015

We in Human Resources are responsible for the implementation of pay programs, but we don''t often act like we understand how to do it effectively. Other employees have to be reminded of this and schooled by their managers -- through performance planning and feedback -- on the role they play in implementing the strategy.

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Bonuses and Incentives Compensation eBook Handbook 40

Compensation Cafe

DECEMBER 17, 2015

If you missed it, or are planning to wait to 2017 to get going, check out the case I made in my last Compensation Cafe article. (No If you are like every other HR human being, what you will have is a nicely composed example of how HR types speak to other HR types. What about the HR administrative staff?

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Compensation eBook Groups Career Development 40

Compensation Cafe

NOVEMBER 30, 2017

If a big change is coming, you should know about it so you can help with the planning. Using this as an example, even if you are an analyst, it helps to know that an economic shift is coming so you can help with the planning. Your HR strategic priorities respond to economic trends. It will help you advance in your career.

Compensation 40

Compensation Bonuses and Incentives Staffing Talent Acquisition 40

Compensation Cafe

AUGUST 6, 2020

Also, that the natural outgrowth of a Total Rewards philosophy would be to organize all of the various HR services as one perceived whole, with HR functions working together in better coordination. But HR seems to be lukewarm to promoting a shared brand, hauling it out inconsistently. But really, does it matter?

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Compensation HR Software Planning Tools Performance Management 90

Compensation Cafe

FEBRUARY 25, 2020

Today, we feature a Classic truth from Margaret O'Hanlon about what ultimately enables your compensation plans to achieve greatness. Frankly, the better we understand and the sooner we embrace this reality, the we will be at delivering the right results! The plan would also need a number of measurable milestones.

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Compensation eBook HR Function Performance Management 69