Compensation Cafe

DECEMBER 17, 2020

Closing the books on merit increases may be on schedule, but there are always loose ends to clear up before you get slammed with Q1 bonus and incentive work. In true pay-for-performance philosophy, you've earned it. You may be feeling reluctant, even though you're tired. Earlier, she was a Principal at Willis Towers Watson.

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Bonuses and Incentives Time and Attendance eBook Compensation 98

Engagedly

MAY 12, 2021

But globally many companies have now ditched the annual / half-yearly reviews in favour of feedback-based continuous performance management. . Also Read: Why These 8 Top Companies Redefined Their Performance Management Systems. It also serves as the tool for discussion of salary appraisals, incentives, and promotions.

Planning Tools 98

Planning Tools Assessment Software Bonuses and Incentives Code of Conduct 98

Compensation Cafe

OCTOBER 1, 2020

These are just a few of the scenarios that can happen in performance management and salary discussions -- but remember that we'll be doing most of these discussions on video this 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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Background screening Compensation eBook Performance Management 100

Compensation Cafe

APRIL 8, 2019

Bonuses are paid, last year's results are old news and grand plans for this year have been signed, sealed and delivered. Sure you're barely out of the first quarter, but now's the time to develop a joint end-of-year calendar with your other Total Rewards' practitioners. Looking at clear skies these days? Here are a few thoughts.

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Bonuses and Incentives Compensation eBook Performance Management 60

Compensation Cafe

JULY 17, 2020

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. Everybody's been working full tilt. Earlier, she was a Principal at Willis Towers Watson.

Compensation 52

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Compensation Cafe

DECEMBER 5, 2019

What I'm talking about is giving employees enough information to understand how compensation decisions are made in your culture. It takes a process to achieve that definition of transparency, and notice that employees are the ones to determine when enough information is really enough.

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Compensation Cafe

JUNE 25, 2020

How long will it work for compensation departments to play it close to the vest in a world where information changes hands every nanosecond? Share information -- This is the time-honored goal for compensation communications. There is a limited, and highly curated, amount of context provided to explain the information.

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Compensation Cafe

MAY 22, 2020

concepts like performance appraisal practices, bonus allocation, merit increase awards, high potential selection and, well, most of the things that we spend our time on. Performance management is the first thing that comes to mind. Spoiler alert -- the "laws" are not based on research but are subjective individual perceptions.

Compensation 52

Compensation Bonuses and Incentives Performance Management eBook 52

Compensation Cafe

APRIL 16, 2020

Career development. Performance review. Incentives. manager's briefings. manager's tools. performance management administration system. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Planning Tools 52

Planning Tools Compensation eBook Career Development 52

Compensation Cafe

JUNE 25, 2019

If there is no complete definition of regular rate of pay, their lawyers ask, what if the government counts T-shirts and anniversary bonuses? SHRM is publicly supporting the DOL's proposed new rule specifying that the following are excluded from the definition of regular rate of pay: Anniversary bonuses. Discounts on gift cards.

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Bonuses and Incentives eBook Compensation Career Development 59

Compensation Cafe

AUGUST 9, 2019

The next time a founding employee comes in with "information" that their friend has the same job title in a different company but is making much more, a survey will give you the facts in no time. Get credit for your incentives. Many CEOs of small companies don't like to talk about incentives since they can't guarantee a yearly payout.

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

Compensation 52

Compensation Background screening Strategy Bonuses and Incentives 52

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.

Compensation 85

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Compensation Cafe

NOVEMBER 28, 2018

Remember, some companies have begun to put their differentiation efforts into incentive payments rather than salary increases. Incentive decisions can also be peanut buttered, as I'm sure you've noticed. Differentiation in incentives holds up best when different employees have different incentive goals.

Compensation 80

Compensation Planning Tools Interview Software eBook 80

Compensation Cafe

FEBRUARY 11, 2020

Does management understand how you manage the data and do they agree with your schedule? Do you keep up with employee and manager questions and concerns? 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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Bonuses and Incentives HR Planning Compensation eBook 52

Compensation Cafe

MARCH 17, 2020

Our communication appetite was fed by information and then even more information but we really weren't looking for a lot of details. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 88

Compensation Bonuses and Incentives HR Software Case Study 88

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. Spend time understanding the nature and root causes of the performance challenges that your new plan must address.

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Compensation eBook Career Development Metrics 85

Compensation Cafe

JUNE 17, 2019

Face it, those auto-messages provided by compensation and performance management administration systems don't qualify as communications, so don't even try to count them in. What if you built a FAQ library that helped managers think through salary increase decisions (as well as explain the decisions to their employees)?

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Bonuses and Incentives Planning Tools Compensation eBook 45

EmployeeConnect

JUNE 26, 2017

They also provide various opportunities to earn more based on performance such as profit sharing, bonus, and other incentives to reward top performers. It celebrates success by praising, recognising, and rewarding employees in various formal and informal ways. Offer Opportunities for Training and Development.

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Bonuses and Incentives Compliance Training Career Development Training 138

Analytics in HR

SEPTEMBER 13, 2023

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They provide support on HR policy guidance to managers and ensure they are well-implemented.

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Analytics in HR

MAY 30, 2022

Human resource management interventions impact areas such as performance management, talent development , DEIB , and wellbeing in the workplace. Creating incentive programs. Create recognition for a job well done through incentive programs like bonuses or extra days off. Performance management.

HR Planning 133

HR Planning HR Software Hiring Software Planning Tools 133

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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AON eBook Compensation Retirement 69

Compensation Cafe

APRIL 25, 2019

Performance management creates a constricted atmosphere that just doesn't work in this situation. Frequent informal check-ins will fit more naturally into the relationship. And whose performance is -- yes -- being watched closely by your team. Incentives. Mid-career hires take this to the next level.

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Hiring Hiring Software eBook Compensation 45

Compensation Cafe

AUGUST 6, 2019

So what if the tools you are using are the same -- your performance management program, merit raises and bonuses? Your business is in a different place, your marketplace has changed and your managers are focused on different issues. How can the manager be prepared? Three more tips?

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Bonuses and Incentives eBook Planning Tools Performance Management 40

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. Total Rewards is a term we all feel comfortable using.

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Bonuses and Incentives Compensation Career Development eBook 52

Compensation Cafe

NOVEMBER 24, 2020

And usually the specific issue is merit increases and/or bonuses. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. the recognition that employees genuinely depended on just doesn't show up. It will pay off.

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Bonuses and Incentives Compensation eBook Career Development 52

Compensation Cafe

DECEMBER 17, 2019

For example, it will just frustrate employees if you include the question, "I am well informed as to how my job fits into our company's business strategy" with no plans of improving that dimension of communication. I agree with the performance rating I received on my last performance appraisal. Don't overdo it though.

Compensation 52

Compensation eBook Comparison Survey 52

Compensation Cafe

JULY 10, 2017

On July 6, 2017, the Lansing State Journal reported this information about Michigan State University's President, Lou Anna Simon. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Not your typical employee.

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Bonuses and Incentives Wellness Compensation eBook 40

Compensation Cafe

JANUARY 14, 2021

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. Earlier, she was a Principal at Willis Towers Watson.

Compensation 52

Compensation eBook Compliance Training Career Development 52

Compensation Cafe

JANUARY 5, 2021

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.

Compensation 52

Compensation Planning Tools eBook Performance Management 52

Compensation Cafe

MAY 7, 2020

If they are managed right, these employees will appreciate the opportunity to demonstrate a breadth of skills and leadership abilities -- and they'll enjoy receiving recognition for "pitching-in.". Then there's the "little" problem of overpaying merit increases or bonuses to "make restitution" to employees in blended jobs.

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Benchmarking Bonuses and Incentives Compensation eBook 52

Compensation Cafe

AUGUST 20, 2019

New incentive coming up next year? Performance measures are changing, that means employees' current behaviors/habits need to be readjusted, or even rejected, for the new goals to be met or exceeded. New business goals coming up next year? Employees need to change their priorities and the work habits they've formed to achieve them.

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Compensation eBook Career Development Performance Management 55

Compensation Cafe

FEBRUARY 19, 2018

Now, in early 2018, broad-based employee pay is in the news, with media outlets regularly providing employees with information that they used to get through your internal communications. But because these information providers are influential, their articles and themes are often picked up by a range of media sources.

AON 40

AON Bonuses and Incentives Compensation eBook 40

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. Providing managers with prompts that can help them articulate their thoughts, especially if they find themselves in a tough spot.

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Bonuses and Incentives Background screening Compensation eBook 51

Compensation Cafe

JULY 30, 2019

If you are going to make sure your compensation and performance management programs are procedurally fair , you've got research, analysis and strategy development to complete. Managers are more likely to support employee focus groups when they are in an August frame of mind, as well.

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Planning Tools Compensation Compliance Training Performance Management 45

Compensation Cafe

SEPTEMBER 22, 2020

Does your company have a reliable career development infrastructure? Do you use career levels to price jobs? Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. How good are you at this?

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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. A champion is someone who will guide and influence the progress of your communications, especially with senior management and department heads. Get yourself a champion (or champions). How can you do this easily?

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Compensation Planning Tools eBook HR Software 58