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Rewarding Ambition: Determining Compensation Within Your OKR Process

15Five

One of the most common questions we get asked as leadership team coaches is how Objectives and Key Results (OKRs) should be used to determine salary, compensation, or bonuses. It is also the methodology where a coupling of OKRs to compensation can quickly become counter-productive, if not done right. Or does it?

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Layoffs: How To Conduct Them Properly And Potentially Avoid Them Altogether

HR Tech Girl

Offer outplacement services As part of the severance package, consider offering outplacement services such as career coaching, resume writing, and job search assistance. Leadership and career coach, Beth Messich, makes a good point regarding this on LinkedIn. Be sure to clearly communicate those benefits with your employees, too.

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Not Your Grandma?s Mid-Year Performance Review (No Offense Grandma)

15Five

Can you imagine if one of the coaches said—you know, I’ll just wait until after the game is over to give the team feedback on their performance? Ideally, a mid-year performance review takes on another layer of coaching and employee development. The Best-Self Review adds a layer of coaching and development that employee’s crave.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

Compensation reports Compensation reports are essential for calculating labor costs. Before and after making a substantial change, consider how you’ll keep past data for comparison or to assess your performance. But they can also assist HR departments in comprehending how employee salaries increase over time.

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Maximizing the Effectiveness of 4 Common 360-Degree Feedback Strategies

DecisionWise

Having debriefed and coached hundreds of people on 360-degree feedback, I have seen where poor communication and misaligned processes led to distrust in the participants. Keep in mind that scores on 360s for performance tend to be higher, as raters tend to grade easier when they believe the assessment may be tied to someone’s compensation.

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How to Talk About Salary—And Why

Cornerstone On Demand

Coworkers don't swap stories about their monthly paychecks; friends don't bring up money over happy hour; and even married couples aren't clear on compensation. With communication on compensation becoming the new norm, employers need to adapt — both culturally and legally.

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Job Evaluation Methods: A Simplified Guide In 3 Points

U-Next

issue comparison methodology, and. Issue Comparison Method: Every job needs bound capabilities on the part of the one who will perform the task. Conducting job evaluations provides a higher basis for assessing the relative value of every job in comparison to the non-analytical ways. expertise and coaching.