Compensation Cafe

JUNE 6, 2016

Editor's Note: Last summer we posted an announcement from Gerry Ledford (one of our profession's leading scholars) introducing a new academic study focused on leading edge performance management practices and an invitation for any qualified organizations to participate. For the past year, I have been leading research on cutting-edge performance management practices at the Center for Effective Organizations (CEO), University of Southern California.

Performance Management 62

Performance Management Adobe Study Comparison 62

Bersin with Deloitte

FEBRUARY 2, 2018

Total Rewards leaders (Compensation & Benefits) are increasingly pressured from both inside and outside the modern organization. De-linking pay and performance? The reinvention of performance management is a well-published and discussed topic.

Comparison 88

Comparison Analytics Retirement Employer Branding 88

Compensation Cafe

FEBRUARY 12, 2015

In fact, most experienced compensation professional are able to craft apparently objective survey comparisons to produce any number they want; that is one of the reasons compensation is as much art as science.

Comparison 74

Comparison Course Competencies Groups 74

Compensation Cafe

APRIL 21, 2016

For Management : Why ask for prior pay history in the recruiting process? Strong prejudice emerges against anyone paid outside the income band acceptable to the hiring manager.

Screening 56

Screening Comparison Discrimination Talent Acquisition 56

HR Times

FEBRUARY 2, 2018

Total Rewards leaders (Compensation & Benefits) are increasingly pressured from both inside and outside the modern organization. De-linking pay and performance? The reinvention of performance management is a well-published and discussed topic.

Comparison 55

Comparison Analytics Retirement Employer Branding 55

Compensation Cafe

JANUARY 20, 2016

Compensation professionals love to cite “the open market,” while being less eager to admit that every market is different. The reasons may be seem obscure to outsiders, but they are clear to those who follow the arcane practices of the wage and salary management field.

Bonuses and Incentives 82

Bonuses and Incentives Survey Comparison Analytics 82

SuccessFactors

JANUARY 11, 2018

In recent times, many companies euphorically and rather media-effectively jumped on the bandwagon of abolishing performance ratings. Most, however, were still trying to hang onto their legacy pay-for-performance concepts based on individual objectives.

Bonuses and Incentives 76

Bonuses and Incentives Compensation Comparison Competencies 76

Compensation Cafe

MAY 18, 2017

Manager or director? Titles communicate level of responsibility over a work function, so the process by which such labels are determined is important to compensation professionals. Manager versus director is a frequently encountered challenge. The category distinctions that permit differences to be clearly and consistently defined between manager and director as a title are many and varied. The Accounting Manager, on the other hand, controls the whole thing.

Benchmarking 40

Benchmarking Comparison Industry Metrics 40

Workday

MAY 4, 2017

HR today is far from where it was decades ago when traditional performance management practices were first introduced. As a result, companies are moving past annual performance reviews and employee rankings. This brings us to our ongoing work at Workday, where we recently piloted a new performance approach. I’ve worked along with our product team to build new features into Workday Human Capital Management to support the Five Factors. Measuring Performance.

Workday 43

Workday Compensation Comparison Human Capital Management 43

Compensation Cafe

DECEMBER 7, 2016

Much as we like to believe that our compensation processes are objective, even numbers have a way of being influenced by human nature. We're likely to pay more attention to findings that support our beliefs and to ignore competing facts and patterns in our data.

Bonuses and Incentives 60

Bonuses and Incentives Comparison Data Competencies 60

Compensation Cafe

APRIL 12, 2016

When everyone competes for a piece of a scarce resource like employment income, the distribution allocation might be expected to follow some academic formula. More and more money to fewer and fewer people seems to be the trend today.

Bonuses and Incentives 52

Bonuses and Incentives Comparison Retirement Payroll 52

HR Morning

JUNE 11, 2019

Employee development is at the heart of successful talent management. But it’s the ongoing training that’s at the core of talent management —and of retention. To get the most out your strongest workers, organizations need to expand training activities that increase supervisory, managerial, and executive competencies. Institutional knowledge/Knowledge management. You can find unbiased reviews and comparisons of many of these tools at Better Buys.

Career Development 77

Career Development Retention and Turnover Coaching Competencies 77

Compensation Cafe

OCTOBER 20, 2016

While organizational chart rank has a strong correlation with compensation, no one particular internal status relationship precisely matches the outside world. . Parallels exist, but survey comparisons are always imprecise. Every job title tends to describe functional area of competency and level of responsibility. But how those levels of responsibility relate to an internal value system of status, reporting relationships and compensation are still up to each employer.

Compensation 52

Compensation Comparison Competencies Survey 52

Saba

JANUARY 6, 2017

The biggest barrier to modernizing the approach to performance management is the HR-created need to have a "number" or category to help determine pay. If we get rid of performance reviews and ratings, how will we calculate merit increases? Step 2: The seven performance types.

Competencies 70

Competencies Comparison How To Exercises 70

HRsoft

DECEMBER 7, 2015

Compensation is one lens that gives management a perspective on the issue of disengagement and turnover. Performance reviews are concerned with the competence of workers and how valuable they are to the company.

Retention and Turnover 83

Retention and Turnover Software Employee Engagement Comparison 83

Compensation Cafe

JANUARY 28, 2016

Numeric points are accumulated across a number of evaluation factor dimensions with both scalar and interval values and are applied to administer compensation. Without those accommodations, the company would hemorrhage workers and close down for lack of competent personnel. Warning!

Benchmarking 82

Benchmarking Comparison Compensation System 82

SMD

MARCH 23, 2017

HRIS, ATS, LMS, surveys, 360 assessments, performance management ratings, compensation data) but we don’t always harvest the insights and intelligence from the data. time to fill) and comparisons to benchmarks (e.g.,

Analytics 67

Analytics Data Analysis Metrics 67

Workplace Psychology

OCTOBER 23, 2018

Applied Psychology in Talent Management (8th ed.) is the newest edition of the Applied Psychology in Human Resource Management textbook by Wayne Cascio and Herman Aguinis. The title has changed with “Talent Management” replacing “Human Resource Management.”

Analysis 52

Analysis Talent Management Comparison Recruitment 52