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Organizational Charts: Why Every Company Needs One

Netchex HR Blog

Efficient companies need to be well organized and dedicated to planning ahead. Managers and CEOs still tend to have a hierarchical authority “above” the average employee. Flat charts don’t work as well with larger companies. Top-heavy organizations accumulate too many managers, often with redundant or overlapping roles.

Company 90
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Tips for Setting, Measuring, and Tracking Employee Goals

Netchex HR Blog

How can companies ensure employee goals are not only appropriately set, but also accurately tracked, set up for success, and celebrated when completed ? Achievable: Optional stretch goals can have bonus incentives attached, but SMART goals should be realistic without relying on extreme effort or luck. Specific: Define a clear target.

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How to Create a Compensation Strategy: A Complete Guide

Decusoft

The incentives for real performance and results are heavily weighted in executive pay. When a company underperforms, though, the executives’ salaries are normally slashed to a percentage of their potential income or compensation targets. Merit increases are based on employee performance or individual performance.

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Cafe Classic: Is Pay a Critical Part of Culture or Not?

Compensation Cafe

There are possibly a handful of companies that clearly leverage pay as a critical part of their company culture, so perhaps the data isn’t completely off base. Netflix and Costco come to mind as companies that define themselves by their willingness to pay in the very top percentiles of market rates.

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Is Pay Transparency a Gift? Agree, No Opinion, Disagree

Compensation Cafe

Pay-for-performance: "I am satisfied with how pay raises are determined.". Competitiveness: "In comparison with those in other companies with jobs similar to mine, I feel my pay is okay.". In a company that is claiming pay transparency -- or moving in that direction -- top-line findings are just not enough.

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Value End-of-Year Implementation -- Turn Down the Heat on the CEO Pay Ratio

Compensation Cafe

Or are you in a company where executive pay and employee pay get solved in the very same cubicle? Every company's communication strategy about the Pay Ratio should be carefully customized to your culture, but there is one thing that will be common. Here are a few tips to get you thinking.

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Compensation Communications that Hit the Mark This Time

Compensation Cafe

We'll talk about how this works in a minute, but let's start by checking out this comparison. Imagine you had to tell the Compensation Committee that the company couldn't afford one of their proposals. You'd certainly explain it differently than if you were explaining to your family that you couldn't afford something.