Remove Bonuses and Incentives Remove Comparison Remove Compensation Remove Performance Management

How Betty Crocker Thinks about Compensation

Compensation Cafe

Updating compensation practices or redesigning a plan? 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?

No Statue of Entitlement

Compensation Cafe

We compensation professionals have been slow to face the implications of how entitlement attitudes affect reward management practices. Put into a compensation framework, is everyone entitled to a raise?

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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.". Here are a couple of examples: My manager has explained how the compensation program works.

Competitive Market Surveys Rarely Produce Identical Pay

Compensation Cafe

Compensation professionals love to cite “the open market,” while being less eager to admit that every market is different. The reasons may be seem obscure to outsiders, but they are clear to those who follow the arcane practices of the wage and salary management field.

Santa, Where Do Best Practices Come From?

Compensation Cafe

Much as we like to believe that our compensation processes are objective, even numbers have a way of being influenced by human nature. Fortunately, there are time-tested actions that you can follow including these three listed in a recent Harvard Business Review "Management Tip of the Day.".

Do You Know How to Attract Star Employees?

Compensation Cafe

Not only is the famous battle for talent waging outside your company's ramparts, but a large chunk of the people you want to recruit think career opportunities and inspiring business goals are higher priorities than compensation when choosing a new employer.

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

Compensation Cafe

Positive visibility should help, and one reliable channel is end-of-year communications about pay practices, bonus awards, company results, team achievements and so on. What would their managers say if you asked them that question?

How Gender Pay Gap Affects Your Business

Vantage Circle

That resulted in a settlement of a bonus in pay equal to that paid to men workers. more in comparison to women. Performance. Women, who are considered “top performers” at work are often less likely than men to receive a promotion. Performance Management

BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

to senior management, 19.1% awarded as much to employees at the management level, 19.7% awarded it to non-management salaried exempt employees, 20.6% A peek at the maximum increase tied to a performance scale of 1–5 shows that 20.1% Performance management: 8.4%.

To Pay For Performance Without Performance Ratings, In For A Penny, In For A Pound

SuccessFactors

In recent times, many companies euphorically and rather media-effectively jumped on the bandwagon of abolishing performance ratings. Most, however, were still trying to hang onto their legacy pay-for-performance concepts based on individual objectives.

Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

If you’re a small or midsize business (SMB) that does annual performance reviews, I have some terrible news. Annual performance reviews are dead. A staple of performance management since the 1950s, gone forever. Jump to: What should stay: Performance ratings.

The Myth Of Right-Skewed Performance Rating Curves

SuccessFactors

Perhaps you have heard the following concept in a conversation about performance management, ratings, and the subsequent compensation decisions: “When compared externally , we’re a superior company.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

A few other notes: This is organic (not total) traffic — We’re using ahref’s measurement of organic traffic because we find it to be the best apples-to-apples comparison of traffic to HR blog pages. Performance Management. 100 Useful Performance Review Phrases.