Do you want to become famous in your company for: (pick one or more) Competitive compensation knowledge, talent acquisition, strategic insight, leadership? Start by learning all you can about your organization and about our field's innovative compensation practices, but don't stop there. MORE

They even went so far as to develop partnerships with a local university to provide better tuition assistance for their nursing staff. Unfair compensation will definitely push employees to leave – but the deeper problems within the organization can’t be fixed with a pay raise. MORE

In the face of a tight job market that is impacting the compensation and benefits packages companies provide , prioritizing talent management and development has shifted from an add-on to an essential component of HR services. MORE

In my last blog article , I explained how you can cut and paste your way to a compensation philosophy. In comparison, strategic insights occur when you put your compensation practices and philosophy in a new light, where the illumination falls on the challenges your company will face tomorrow. MORE

In the face of a tight job market that is impacting the compensation and benefits packages companies provide , prioritizing talent management and development has shifted from an add-on to an essential component of HR services. Talent management is an area of HR management that focuses on cultivating and developing a business’s talent. Compensation planning: Compensation planning entails establishing pay grades and financial rewards structures, such as bonuses and promotions. MORE

Investing time and energy into developing these areas will help organizations streamline focus, and maximize impact, towards developing a workplace that employees would characterize as a great one. Sharing - Rewards: What is your company's approach to financially compensating employees? MORE

You may think that benefits and compensation, along with manager behavior and general well-being, would take top places. On the contrary, it is either career development and work-life balance or a combination of these two factors, which is the most frequently cited reasons. MORE

It's really tough, especially in smaller companies, where the executives just want to tell you what to do, especially about compensation. When you run into this, it's a sign that your execs see compensation mainly as a budgetary issue. Create an FAQ on compensation surveys and share it. MORE

Companies that remove ratings suddenly don’t know how to handle succession, compensation and development programs,” she said. Decoupling performance ratings from pay-for-performance and compensation can be challenging. Develop effective performance management processes. MORE

In a world where the demand for qualified knowledge workers is greater than ever before, highly-skilled professionals expect nothing less than the best from their employers when it comes to workplace benefits, compensation and development for themselves as well as their employees. But, in this highly competitive business world, talent management and development takes a back seat to business plans and meeting ever looming deadlines. MORE

Total Compensation’ is a phrase common to most, but ‘Total Rewards’ seems to allude many of us. . Total Rewards looks at the complete compensation picture. Mind the compensation gap. This lack of visibility is what we call that the “Compensation Gap”. by Anita Lettink. MORE

Six discussions were held, and it was decided that the present compensation for overtime was inadequate. One qualifies for the Highly Compensated Employees (HCE) category now if one earns $107,414 per annum instead of $100,000. MORE

There are several levels of people or workforce analytics: Descriptive analytics are metrics, i.e., interview-to-hire ratios or average training attendance. Cognitive analytics are insights, i.e., training sessions with the highest return on investment. MORE

Prospective employees see career development as among the most important reasons to sign with —and stay with — with your organization. And, while you may think you are offering top-notch learning and development programs, they don’t think you are doing such a great job. Surveys show that workers and employers don’t agree on how well organizations are meeting employees’ development expectations. Employee development. Leadership development. MORE

Total Compensation’ is a phrase common to most, but ‘Total Rewards’ seems to allude many of us. . Total Rewards looks at the complete compensation picture. Mind the compensation gap. This lack of visibility is what we call that the “Compensation Gap”. by Anita Lettink. MORE