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Performance Management Tools: The Ultimate Guide

Primalogik

Performance management tools have become essential to HR operations. Not only do they assist the HR department; they also help managers throughout the organization to guide their teams to success. Consider that only 2% of companies feel they have a great approach to performance management. Table of Contents 1.

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Growing a Healthy Compensation Program -- Part Two

Compensation Cafe

If you can learn from what others have done who were in your shoes, your program design decisions could be favorably influenced. So let's look at what can be learned from the case study of a start-up that quickly grows into a thriving mid-sized company. This is the second article in a series. "If

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Quick Reminder on Performance Management Effectiveness

Compensation Cafe

I recently ran into a study on effective performance management practices that I want to share with you. Not because it says anything really new, but because it does a great job on focus and insight, attributes we can all use when it comes to performance management. Procedural fairness is defined as, ". .

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‘Tis the Season to Evaluate Your Total Rewards Strategy

WorkHuman

Laura Sejen, managing director, Rewards, at Willis Towers Watson explains that many companies, “are starting to question how those budgets are spent and whether their conventional approaches to salary planning are delivering a good return on that 3% investment.”. Even executives are only expected to receive a 3.1% increase next year.

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When You're Cornered, Why Not Step Aside?

Compensation Cafe

Here are a few tips from organizations that have learned about the ugly combo of panic and compensation. Let's try again with a bigger [select an option: salary, sign-on bonus, incentive, equity offering, loan opportunity and, and, and].". We're all familiar with the "deer in the headlights" experience. I'm sure of it."

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Cafe Classic: A Few Things Economists Would Like Compensation to Know

Compensation Cafe

Editor's Note: Smart professionals in any field seek and are open to learn from the insights of other professions. I've got news for those of you who don't spend your time in behavioral economics, game theory or educational assessment but are willing to learn from these researchers.

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Solid Reasons to Start Communication Planning in August

Compensation Cafe

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. Odds are, your own opinion on where things stand on each of the three will not be enough, so you'll want to have conversations with select managers, at least.