Compensation Cafe

JUNE 16, 2020

Career development no longer has to share the total rewards spotlight, and it becomes the go-to form of employee recognition. And while employees are going to sorely miss the dollars, they'll be thrilled that you'll finally be giving attention to their career. You may think that addressing career development is no big deal.

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Compensation Cafe

DECEMBER 10, 2021

HR Operations and Compensation Design). If you're in Compensation but unaware of what's in the annual report, you really may not be doing your job as well as you could. Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

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Compensation Cafe

AUGUST 18, 2020

You'll find a long list of articles in Compensation Cafe recommending that you create a "message platform" to build your Compensation communications. (It Of course, anyone in Compensation can list a set of messages describing the value proposition of working for your company. How is a Compensation message platform different?

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Compensation Planning Tools How To Career Development 98

Compensation Cafe

JANUARY 30, 2020

We really don't spend much time studying the emotions we feel as we practice compensation. In the long run, chasing these insights will make us more aware of our own career satisfaction, and incorporating them into our decision making may lead to a shift in what we prize and prioritize for our career.

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Compensation Cafe

OCTOBER 22, 2020

Here is an illustrative excerpt from a manager tip sheet for a career development program: Developing our people ensures we have the workforce we need to adapt to an ever-changing environment. Making development a priority is great for our employees and it’s great for our business. Commit to action plans.

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Compensation Cafe

MARCH 29, 2018

Cooley (otherwise know as "the #1 law firm on Fortune's best company list") does a great job of aggregating early pay-ratio trends from a variety of sources including Mercer , Bloomberg and Compensation Advisory Partners. Margaret is a Board member of the Bay Area Compensation Association (BACA).

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Compensation Cafe

JANUARY 22, 2020

After all, those who handle compensation influence most talent strategy components including recruiting, performance management, development and staffing. . Compensation, of course, is in a better position than most of HR to develop financial insights. Why is HR's ability still in question?

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Compensation Cafe

JULY 7, 2020

But what does burnout have to do with the Compensation Department? Most of us believe burnout comes from overwork and we're ready to say that the Compensation Department has no influence on that situation. It's inevitable in this unsettling situation, no matter how well-balanced we make our personal work habits. Other action steps?

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Compensation Cafe

OCTOBER 25, 2018

Plus, every bit of research tells us it's critical to effective compensation. If you're a regular reader of Compensation Cafe, you know that when we talk about pay transparency, we're referring to being clear(er) about how compensation works. We've been talking about it for years, after all.

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Compensation Cafe

JUNE 24, 2020

Next, look closely at the competencies you are using for performance management and career development. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

MAY 24, 2017

Everything we do in compensation is communication. This is not only the name of a fabulous book (see my bio), but it also describes a fundamental belief of many Compensation Cafe writers. Compensation colleagues, you can create a compensation plan with this principle in mind, and still miss many important nuances.

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Compensation Cafe

APRIL 10, 2017

But when I was talking this request over with a growing company recently, I was reminded of a few war stories that I usually share in Compensation 101 classes. The Director of HR in a high tech company requested a compensation study proposal because they hadn't checked competitive pay levels for over three years.

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Compensation Cafe

JUNE 10, 2022

Managers are the compensation communicators in your company. Not HR, not Legal, not even the CEO whose job is to explain why your compensation program makes good business sense -- but doesn't have to explain another 3%ish increase to a new parent. Do your managers have everything they need to make your work successful?

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Compensation Cafe

MARCH 5, 2020

There may be more worthwhile goals for a compensation department to have than pay transparency , though the national media wouldn't have you believe it. After all, how many could actually be ready for such a dramatic intervention when typical compensation communications gets a limited investment in time or money each year?

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Compensation Career Development eBook Competencies 52

Compensation Cafe

JANUARY 26, 2021

Not a great foundation for a compensation practice! salary increases and bonuses with flimsy links to everyday work, it's hard to engage people beyond job security unless you have career development alternatives to offer. Some of the findings verify long held beliefs but many more are counterintuitive. In a time of 2.5%

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Compensation Cafe

MAY 4, 2018

Also by variables that communicate compensation insights. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Margaret is a Board member of the Bay Area Compensation Association (BACA).

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Compensation Cafe

JULY 14, 2017

Editor's Note: In today's Classic post, we revisit Margaret O'Hanlon's sage career advice for fellow compensation pros. HR Operations and Compensation Design). If you're in Compensation but unaware of what's in the annual report, you really may not be doing your job as well as you could. Looking to advance?

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Compensation Cafe

MARCH 17, 2020

If you're starting to see those building blocks through the haze, let's take a shot at a parallel compensation case story. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Earlier, she was a Principal at Willis Towers Watson.

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Compensation Cafe

FEBRUARY 4, 2021

What are you going to invest in compensation communications? If you are constrained on budget and time commitment but not painfully, add some content on the components of your compensation plan along with the end-of-year transactions. This is not the typical place to start when you plan, but from a practical standpoint it is the best.

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Compensation Cafe

FEBRUARY 25, 2021

Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

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Compensation Cafe

JULY 17, 2020

Many of our colleagues would say that compensation has nothing to do with feelings. On the other hand, feelings have a lot to do with compensation COMMUNICATIONS. On the other hand, feelings have a lot to do with compensation COMMUNICATIONS. Addressing feelings through compensation communications is tricky business.

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Compensation Cafe

AUGUST 20, 2019

Everything we do in compensation is communications. Change management should be the foundation of 90% of compensation communications. No wonder there can be so much frustration about the effectiveness of compensation communications. Here are three basics of our work. Why is change such a big part of it?

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Compensation Cafe

MARCH 22, 2021

Editor's Note: How is your compensation program's relationship with your employees going. In her Classic post, Margaret O'Hanlon shows us how to rethink this relationship by considering how employee compensation is a lot like dating. Show me that you've heard me by giving me more of what matters the most to me -- cash compensation."

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Compensation Cafe

AUGUST 27, 2020

Looking for a practical example of a compensation communications strategy? In short, there are two parts to a message platform for Compensation communications: Key messages are short statements designed to show that Rewards practices are linked to business practices in a way that ultimately benefits the employee. Absolutely.

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Planning Tools Compensation HR Software Case Study 52

Compensation Cafe

JUNE 25, 2015

Like every company back to the Cro-Magnon period, they are starting out by looking at compensation. You've got to start somewhere and insight into compensation provides the newbie with a staffing study, organizational chart, large portion of operating budget and so on. Revs up your recruiting plans, too.

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Compensation Cafe

JULY 28, 2020

What have data and analytics got to do with compensation communications? Imagine you had to tell the Compensation Committee that the company couldn't afford one of their proposals. Many clients are surprised to learn that you "take things apart to put them back together again" when you design compensation communications.

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Compensation Cafe

JANUARY 14, 2020

How many times have you heard that compensation communications needs to take a marketing approach? Deeper understanding should make it possible to get better at your compensation communications. A marketing approach to communications can make your compensation program much more effective. But we don't usually give it that time.

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Compensation Cafe

OCTOBER 24, 2019

The compensation communication cycle takes many weeks -- too long to be disconnected from your audiences. Treat compensation as part of the business cycle. Compensation Cafe founder, Ann Bares, recently wrote a fabulous guide to developing a compensation philosophy that can help you obtain key insights by asking crucial questions.

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Compensation Cafe

FEBRUARY 25, 2020

Today, we feature a Classic truth from Margaret O'Hanlon about what ultimately enables your compensation plans to achieve greatness. Instead of bemoaning the state of things, though, I want to point out aspects of their research that will help our compensation design. Editor's Note: The truth hurts. and it can set you free!

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Compensation Cafe

OCTOBER 8, 2018

Any day now you're going to need to get serious about planning compensation communications. I thought I'd give you a condensed version of how to organize communications for a calendar-year compensation plan. Planning for compensation communications can seem so rigid -- don't let that happen to you this year.

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Compensation Cafe

NOVEMBER 20, 2017

Managers are the compensation communicators in your company. Not HR, not Legal, not even the CEO whose job is to explain why your compensation program makes good business sense -- but doesn't have to explain another 3%ish increase to a new parent. Margaret is a Board member of the Bay Area Compensation Association (BACA).

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DailyPay

APRIL 10, 2021

Compensation Force measured the level of total separations in the United States 2016 at 15.1%. READ OUR EBOOK. Training can range from career development opportunities to financial wellness programs. This makes measuring employee turnover more important for employers. What is the average employee retention rate?

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Compensation Cafe

MAY 22, 2020

In this Classic post, Margaret O'Hanlon introduces us to a couple of "laws" touted in Economics that offer lessons we'd be wise to add to our compensation (and broader HR) toolkits! Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

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Compensation Bonuses and Incentives Performance Management eBook 52

Compensation Cafe

MARCH 2, 2021

Editor's Note: Struggling to root out those scary "legends" about how compensation works at your organization? That's the theme of most HR conversations about compensation communications. Think our compensation communication urban legends get in the way? Margaret O'Hanlon shows us how in this Classic post on pay communication!

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Compensation Cafe

APRIL 9, 2018

What, if anything, does that have to do with our compensation work? You know, just like if you have a new compensation change or improvement, why don't employees and managers just buy it and applaud your innovation? We were talking about where marketing fits in business operations. Let's start with the humdrum basics.

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Compensation Cafe

MAY 3, 2018

Career development projects have a bad reputation. Career opportunities and professional growth are items that lead every survey ranking of what it takes to keep an employee at a company -- you know, instead of quitting. Traditional career development programs. And it's true, you can do it that way.

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Compensation Cafe

AUGUST 28, 2019

Editor's Note: It doesn't take magic to create memorable and impactful compensation communication. We want our compensation communications to inspire employees to be all of these and more. I heartily recommend you read Ann's Compensation Force article to hear her excitement about the insights in this piece. Motivated . .

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