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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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Spring Cleaning Checklist!

Compensation Cafe

Bonuses are paid, last year's results are old news and grand plans for this year have been signed, sealed and delivered. Since many (if not all) compensation practices are not documented anywhere, recognize that you can't rely on the status quo. Looking at clear skies these days? Here are a few thoughts. Here are a few thoughts.

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Skip the Coulda, Woulda, Shouldas This Year

Compensation Cafe

Administration guide -- Documentation of processes and key decision points is essential for consistent practices. Especially for annual programs like incentives that are not thought about in every month of the year. Skills update -- Are you a homegrown compensation practitioner? Earlier, she was a Principal at Willis Towers Watson.

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Relocation Differential or Relocation Package? What's Your Policy?

Compensation Cafe

And since variable pay programs, and sometimes equity award guidelines, can vary quite a bit from location to location, your policy will need to include the steps to either transfer, cash out, rollover and/or qualify the employee for mid-year participation in incentives. Earlier, she was a Principal at Willis Towers Watson.

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Good to Great Housekeeping

Compensation Cafe

Grab a glass of wine and review your plan documents -- Most of the time when I get handed plan documents, I'm warned against believing them as written. Your plan documents are the master description, and can be referred to for legal purposes. Talk about cognitive dissonance. Earlier, she was a Principal at Willis Towers Watson.

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The Consultant Dilemma: Make Your Own or Go with Store-bought?

Compensation Cafe

When employee legal challenges occur and work becomes discoverable by a court, consultants' work tends to be far more documented than in-house work. Having been on the "hot seat," they can help you avoid practices or documentation that can be easily challenged. Can you even imagine that? Here are a couple of reasons.