Wellness 2.0

Jason Lauritsen

About eight years ago, I joined an organization that was pretty serious about workplace wellness. Since the wellness team rolled up to me as the HR leader, I got pretty serious about learning what it was all about quickly. They did some really cool stuff in the name of wellness.

Compensation Transparency

China Gorman

Transparency in Compensation: Trends and Best Practices , underwritten by salary.com , is a thoughtful and interesting discussion of the impact of different levels of transparency in the workplace – from too little to too much.

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. You’ve likely already heard that OKRs should not be tightly coupled with employees evaluation and compensation.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this post, Allison McConville, Visier’s VP of Human Resources , will shares how you can use data to support the people moments that matter, enabling the best compensation decisions for both your employees and your organization. . Managing Compensation Costs.

Compensation 101: A Beginner's Guide to Compensation Management

compensation management Comp 101 www.payscale.com2 By now, it’s well-accepted that a comprehensive, up-to-date compensation. are focusing more than ever on strategies to retain and hire top employees, compensation being a big one. compensation plan is no easy task.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this post, Allison talks about Compensation. Compensation is one of the key culture-definers for organizations. As analytics become more widely used in HR, I’d like to share a few ways you can use a people strategy platform to make better compensation decisions: 1.

Culture and Compensation

China Gorman

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. If you have anything to do with paying people – so, that’s virtually every manager, everywhere – reading this report will be well worth your time.

DOL: Employees Do Not Need To Be Compensated For Time Spent On Wellness Programs

Wellable

According to a recent Department of Labor (DOL) opinion letter , employers do not have to compensate employees for time spent participating in biometric screenings, wellness activities, and benefits fairs. Corporate Wellness

Update: Employee Compensation at Wells Fargo

Compensation Cafe

Compensation Cafe has covered Wells Fargo's pay practices since 2009, when the Bank canceled prefunded employee recognition and rewards events in the midst of the Recession, blaming it on federal government restrictions on bank practices following the subprime mortgage crisis.

Why Compensation Doesn’t Drive Motivation

Reflektive

But will the incentive of a higher salary or compensation bonus improve their work performance? Well, that’s another story. While compensation is a factor in their employee experience, it doesn’t wield as much influence as you may think — a nuance especially important for companies using a pay for performance model. It includes a number of variables, such as company culture , career development, as well as meaningful and challenging work. Compensation Isn’t Enough.

People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

Through analytics you can make better decisions about all aspects of HR strategy, including which candidates to hire, which employees are doing well, who's receiving adequate compensation and how employee retention can be improved.

Progressive Performance Management: Why Your Employee Compensation Strategy Is Holding You Back

15Five

One of the main issues that HR leaders face when considering a progressive performance management program is how to revamp their employee compensation strategy. So, if companies distribute compensation based on ratings like most are, they have errors in their performance measures.

All well and good: From wellness to well-being

HR Times

The move to expand traditional wellness programs into more holistic well-being programs is more than just “the right thing to do” to help employees manage their personal and professional stress; it can also create significant business value. From wellness to well-being.

Employee Well-being Needs to Include Retirement Plans

HR Bartender

Not just from the standpoint of the many different HR functions: recruiting and onboarding , training and development, compensation, etc. Thinking about and planning for retirement can have a huge impact on well-being.

Sales Compensation Strategy 101

HR Daily Advisor

Setting the compensation strategy for the entire organization is no small task, especially when certain groups may warrant their own separate compensation strategy, as they have differing goals and objectives. Sales compensation strategy 101.

Your Hidden Weapon: 9 Best Practices for Working with Third-Party Recruiters

well, they are. of salaries and compensation packages you should expect to offer. Collaborate on a Compensation &. If the candidate does not work out, the recruiter may offer some kind of compensation to your. Cover all the key responsibilities of the role, as well as any.

Indirect Compensation

New to HR

While compensation exists to pay a person for their time, the benefits of doing their job, namely the financial ones, will be what attracts them and motivates them to do well for your company. What is Indirect Compensation? The Advantages of Indirect Compensation.

Compensation Cafe: A Paycheck Is Not Recognition for a Job Well Done

RecognizeThis!

— Psychologically healthy employees require appropriate compensation and praise for their efforts. It’s the classic discussion of the difference between compensation and recognition, which was the top of my most recent post on Compensation Cafe. by Derek Irvine.

Who Cares About Compensation?

Compensation Cafe

What if you worked in an organization where the Head of Human Resources didn't view the Compensation function as vitally important to the organization? So What's Wrong With Compensation? It is unusual for this office holder to have cut their teeth in either Benefits or Compensation.

One Woman is Ruining Executive Compensation

Compensation Cafe

Her pay represented 16% of all the compensation the same group. I have always told my clients that the pay programs at their company will work just about as well as the CEO believes in them. Compensation Philosophy Executive Compensation

Compensation Dictionary

This is your crash course in the compensation. master any compensation conversation. compensation plan. address what you plan to reward with compensation (performance, tenure, acquisition of skills, etc.). importantly, that compensation is administered fairly.

Compensation Cafe: Superpower-based Compensation

RecognizeThis!

As work roles become more fluid, compensation needs to transform to include solutions that are more social, dynamic, and engaging. I came across an interview with Tony Hsieh the other day, as I wrote recently in this post on Compensation Cafe , where he was describing the experiment of holocracy at Zappos and what the implications were for HR practices. One interesting comment stood out when he described his thinking on how compensation was being transformed. By Derek Irvine.

Cafe Classic: What Do CEOs Really Want from Compensation Professionals?

Compensation Cafe

Yes, CEOs want to make sure they are paid well. Paid well when compared to peers. Paid well when compared to last year’s pay. Paid well when they do a great job. And, of course, still paid pretty well when they don’t do such a great job.

Obituary for Equity Compensation

Compensation Cafe

Stock Options, Restricted Stock Units, young Performance Units and their cousin Non-Qualified Deferred compensation tragically died in 2017 as an unintended consequence of colliding with the 429 page U.S. While less well-known, NQDC was a vital component for many of its supporters.

Good Reasons to Share Compensation Information with Employees

Astron Solutions

As we read through the many anonymous responses, we tend to see similar answers when it comes to the question of compensation, including: “My pay is too low,”. “I the influence of current fiscal realities on the ability to fund compensation programs.

Just Released – Our 2018 Third-Party Recruiting Benchmark Report

for our customers and partners as well the market at large. series of vertical-specific reports as well as. Here, we highlight the top 5 that are well-poised to be. goals as well as keeping ahead of the competition. 15 / THE DATASET: COMPENSATION.

What is Compensation Leadership?

Compensation Cafe

Functional leadership, being responsible for the direction of an organizational grouping, requires an additional level of skill beyond working well with people. In my view, remaining at Point A is not providing Compensation Leadership, whatever else you might be doing right.

Compensation Cafe: Chasing Best Practices

RecognizeThis!

Benchmarks and best practices can give company leaders insight into what those around them are doing, how much they are spending, and how well they are performing. Bonus & Incentives Best Practices compensation performanceBy Derek Irvine. Recognize This!

4 Elements of Effective Compensation Management (Besides Base Pay)

HRsoft

Compensation management is the process of developing and administering employee pay. While salary is typically the first thing that comes to mind when we think of compensation, the reality is that total compensation extends far beyond base pay alone.

3 Stressed Workers Your Wellness Program May Be Overlooking

TLNT: The Business of HR

As more employers start investing in wellness benefits and initiatives, it’s important to understand their objectives. Compensation & Benefits Wellness Workplace Stress Featured

Small Business Compensation Trends for 2018

Small Business Edition #CBPR181 SMALL BUSINESS EDITION 2018 COMPENSATION BEST PRACTICES REPORT A PAYSCALE REPORT Small Business Edition #CBPR182 More than half of small organizations agree that compensation is. given that the current state of compensation in 2018 is a delicate.

All well and good: From wellness to well-being

HR Times

The move to expand traditional wellness programs into more holistic well-being programs is more than just “the right thing to do” to help employees manage their personal and professional stress; it can also create significant business value. From wellness to well-being.

Using Job Titles Instead of Pay to Compensate Employees

UpstartHR

Writing a lot about compensation today! I also have a piece up about 3 ways compensation policies can cause employee turnover as well in case you want to check it out. . General CompensationThis past week I was talking with a friend and he explained that his job title had recently been changed from “XYZ specialist” to “XYZ manager.” ” He laughed and said that, of course, it didn’t come with a pay raise.

Growing a Healthy Compensation Program

Compensation Cafe

There is a good-sized HR budget, plus the total HR and Compensation staff usually adds up to at least six practitioners who have had enough experience to know what "wellness" looks like. Compensation practices you typically see in an organization of fewer than 100 employees.

How well are you managing workers’ compensation claims?

HR Times

The “80/20” rule is commonly applied to workers’ compensation claims: namely, that 80 percent of the cost comes from 20 percent of the claims. This is particularly noteworthy because worker’s compensation claims costs typically mirror health care costs and rise every year.

How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Setting pay ranges and grades can give you a competitive advantage in an ever-changing market by enabling clear job progression as well as competitive pay. In today’s changing workforce, having a clearly defined career path is becoming critical for attracting and retaining top talent.