Compensation Cafe

JULY 7, 2020

We're trying to manage pressures we've never faced before in an environment we never would have dreamed of. But what does burnout have to do with the Compensation Department? Performance management and engagement are undermined by burnout -- and both are part of our portfolio. So what can we really do to help?

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Compensation Performance Management eBook Career Development 96

Extensis

APRIL 4, 2024

Keep reading to explore some of the most common human resource issues in small business, and strategies to overcome them. McKinsey : A “multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations.”

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HR Software Hiring Software HR Planning Staffing Software 52

Compensation Cafe

JUNE 24, 2020

But they do include competencies in their performance expectations , to guide employees to look beyond the numbers to a deeper level of understanding of how they can contribute to achievement of the business strategy. Those behavioral differences reflect the company's different business strategies.

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Competencies How To Career Development eBook 52

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

Primalogik

MARCH 2, 2023

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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HR Software Assessment Software Onboarding Software Planning Tools 52

Achievers

SEPTEMBER 26, 2017

Before we hit that reboot button on our performance management programs, let’s be absolutely clear on what performance management actually is, and why we should be doing it. Drive overall organizational performance. More simply, consider them the fundamental building blocks for the design project ahead of you.

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Performance Management Assessment Software Planning Tools HR Software 146

Compensation Cafe

JANUARY 26, 2021

Not a great foundation for a compensation practice! Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Some of the findings verify long held beliefs but many more are counterintuitive.

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Compensation Background screening Strategy Bonuses and Incentives 52

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 eBook Staffing Talent Experience 49

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. When strategy is communicated within the company what you typically hear are the headlines. Can't get your leaders to think about talent management or even HR strategy? Looking to advance?

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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

JULY 19, 2019

I recently ran into a study on effective performance management practices that I want to share with you. Not because it says anything really new, but because it does a great job on focus and insight, attributes we can all use when it comes to performance management. Procedural fairness is defined as, ". .

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Performance Management Bonuses and Incentives Compensation eBook 45

WorkTech

MARCH 9, 2017

Compensation Practices Driving Cultural Shifts In Performance Management Explored In New #HRWins eBook. Free eBook Download. A lot has been said about the shift from annual performance reviews and employee engagement measurement to more frequent surveys. I can’t even remember those days.

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Compensation eBook Background screening Performance Management 71

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 Bonuses and Incentives Competencies Planning Tools 52

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

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! Performance management is the first thing that comes to mind. sense to change your performance appraisal approach every few years.

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Compensation Bonuses and Incentives Performance Management eBook 52

Compensation Cafe

MARCH 9, 2016

How many of you would think of using a compensation survey that describes itself this way? HR responsibilities tagged onto Operating, Financial or Strategy job descriptions. However, many nonprofits who work for social justice and the expansion of a living wage bring their principles to employee compensation decisions.

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Compensation Cafe

NOVEMBER 19, 2019

McKinsey & Company is a global business strategy firm, so it wasn't addressing performance management in its two articles on " bias busters " and the " halo effect ," but while I was reading them I stumbled on an observation that rattled my embedded mindset about performance management. Let me explain.

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Performance Management eBook Compensation Career Development 40

Compensation Cafe

OCTOBER 24, 2019

Give them examples of support they can verbalize with their management team. Collaborate with managers in real time. The compensation communication cycle takes many weeks -- too long to be disconnected from your audiences. Treat compensation as part of the business cycle. Make it clear that all suggestions are welcome.

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Compensation Planning Tools eBook HR Software 58

Compensation Cafe

JUNE 25, 2020

Compensation departments often run on the "no news is good news" communications strategy, choosing to take the upper hand in their relationship with employees. How long will it work for compensation departments to play it close to the vest in a world where information changes hands every nanosecond? It's barely working now.

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HR Planning Compensation eBook Planning Tools 105

Compensation Cafe

MAY 9, 2016

Here are a few tips from organizations that have learned about the ugly combo of panic and compensation. We need those five [select an option: Engineers, client managers, project managers, shift supervisors] or we'll go under. None of these problems could be solved by handing out more compensation.

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Hiring Software Bonuses and Incentives Staffing Software Compensation 40

WorkHuman

DECEMBER 8, 2016

‘Tis the season for holiday parties, gift swaps, and … budgets, if you’re in compensation and total rewards. Unlike salaries, incentives are variable and give employers much greater discretion in rewarding employees for performing at superior levels. Have you looked at the ROI of your current total rewards strategy? 3 in 10 U.S.

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Bonuses and Incentives Strategy eBook Retention and Turnover 70

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 Hiring Software Planning Tools HR Software 52

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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Compensation Planning Tools Career Development eBook 40

Compensation Cafe

DECEMBER 5, 2019

What I'm talking about is giving employees enough information to understand how compensation decisions are made in your culture. Getting uncomfortable about your pay transparency efforts or looking to create a strategy? Determining objectives for your strategy. What is pay transparency anyway, and how do I know when I get there?

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Payscale Compensation eBook How To 78

Compensation Cafe

MAY 19, 2021

Compensation philosophy. You may not want to create a doctrine, but when you, your colleagues, and managers make decisions, you all need to share the same point of view. As Ann Bares wrote , "Your compensation philosophy isn't what you say. But when's the last time you did a strategy refresh on your competency selections?

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Compensation Competencies eBook Performance Management 52

Compensation Cafe

JANUARY 18, 2019

I just ran into a classic that can change the way we work and make our compensation design decisions far more effective. The Inconvenient Truth About Change Management: Why It Isn't Working and What To Do About It " by Scott Keller and Carolyn Aiken was published by McKinsey&Company in August 2000. I feel the urge to share! "

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Compensation Performance Management eBook Planning Tools 40

Compensation Cafe

SEPTEMBER 10, 2020

Instead get yourself started by recognizing that a program refresh will be stage 1 of your pay transparency project, followed by the communication strategy. Check out this series on Compensation Cafe: What pay transparency means , where to start, how to talk it over with executives , and deciding how far to go.

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Compensation eBook Study Career Development 85

Compensation Cafe

APRIL 28, 2020

This "point in time" report is called "Adjusting Total Rewards Programs, Workforce Strategies and Sales Force Effectiveness Practices in Response to COVID-19" and it has some valuable insights into how companies are (or are not) adjusting their people strategies to the current environment.

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AON eBook Compensation Retirement 69

Extensis

MARCH 22, 2024

Accreditation from Certification Institute (CI) , signaling the company meets all industry professional risk management best practices, strives to foster safe work environments, and effectively manages workers’ compensation losses. Want to learn more about the benefits of HR outsourcing?

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HR Software Hiring Software Recruiting Software HR Planning 105

15Five

JULY 24, 2023

Having a holistic employee performance management process that includes ongoing performance conversations, fair and objective performance ratings, and company-wide performance calibrations will enable HR to lead thoughtful and data-based conversations with executives and make the most equitable decisions possible.

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Diversity Metrics Groups Talent Experience 175

Compensation Cafe

NOVEMBER 11, 2020

Our Compensation responsibilities don't stop at numbers. They include performance management, reward strategy, career development, compensation communications, among many other key influencers of employee engagement. That's just one example of the type of help managers need right now.

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Compensation Assessment Software Career Development Competencies 59

Compensation Cafe

APRIL 8, 2021

It's a shame because employees are eager to find out how their work contributes to the company's strategy. I have been in companies that work hard on line of sight and the level of discussion around strategy and product development is impressive. In fact, companies where employees know their line of sight do better financially.

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eBook Compensation Performance Management Career Development 52

Compensation Cafe

NOVEMBER 3, 2020

Wondering if there is any place for printed materials in your compensation communications? Your employer doesn't have to be wired as well as Google in order to have an effective communications strategy, and printed materials may still have an important, but targeted, role to play. Earlier, she was a Principal at Willis Towers Watson.

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Planning Tools Compensation eBook Groups 52

Compensation Cafe

JANUARY 10, 2019

How is this turn of events possible when such a high percentage of companies have incorporated analytical reports when purchasing transactional HR software for talent management, benefits, compensation and Total Rewards? McKinsey gives a great overview in, "Digital strategy: The four fights you have to win."

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Assessment Software HR Software Planning Tools Analytics 65

Compensation Cafe

FEBRUARY 15, 2022

Editor's Note: Too often, we fall into "parent speak" when responding to employee questions and challenges around their compensation. And then we wonder why HR communications are unpopular -- a reaction that is especially unnecessary and undermining when it comes to compensation communications. It's just a given.

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Compensation Planning Tools HR Software eBook 52

Hppy

APRIL 6, 2018

There are traditional duties that need to be performed up by this group such as recruitment, compensation, benefits, payroll, pension management (for those employees fortunate enough to work for an organization still offering them) training and performance management. These functions are administrative in nature.

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HR Software Hiring Software Recruiting Software Planning Tools 160

Compensation Cafe

SEPTEMBER 11, 2018

Now that HR data is being used predictively, there are validated insights into how our profession can perform more effectively. McKinsey reports, "Of twenty practices tested in the survey, 11 have shown to have the strongest statistical relationship with talent-management effectiveness."

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