As a manager, would you rather hire a person who wants to do great work for a company or a person who wants to work for a great company? Think about it for a minute. There’s a difference.
Tattooing your company’s name or logo on your body probably means the same thing as tattooing the name of a significant other—you face future risk if things don’t work out. Since most people are optimistic in both love and employment, such tattooing occurs all the time. However, one employee faced double jeopardy when he combined […]
Happy New Year, readers! Before you celebrate, take a moment to reflect on your accomplishments of 2014.
There are seven basic merit allocation strategies, says Consultant Whitney Herrington. Compensation managers should be familiar with them all, including when they are appropriate (and when they are not).
Boss: Documentation, schmockumentation; this guy’s a poor performer and I want him gone today. The trouble with this scenario—terminating with no backup evidence of poor performance—is that there is usually documentation that shows good performance. Typically, since the person hasn’t been terminated before, his or her performance reviews read “good” or “satisfactory.” Now, this is […]
Here’s how to approach the situation: First, if it is important for the employees to be in the office during consistent work hours, make sure that is explained in a written policy. If the policy does not yet exist, create it if this is critical to your business. Make it part of the employee handbook […]
One of the first things that comes to mind when figuring out how much to pay someone in an executive role is either conducting or purchasing a market study. However, there are several other things that must be completed first.
‘Time for Traffic Problems’ It seems that one of New Jersey Governor Chris Christie’s top aides, Bridget Anne Kelly, sent an e-mail to a Christie appointee at the Port Authority of New York and New Jersey, said Oswald in a recent edition of The Oswald Letter. Kelly’s e-mail said, “Time for some traffic problems in […]
Sales compensation philosophies should be in alignment with company objectives while still motivating the sales team—all without going over budget. This can be a challenge, but there are some tips to help employers get it right. The 5 ‘Rights’ of Sales Compensation “When we’re talking about sales compensation objectives, we define them as the 5 […]
Defining Contingent Workers Contingent workers are generally those who are hired through staffing firms or leasing companies and whose jobs are structured to last only a certain length of time. If a company does not clearly define a “contingent worker,” who is an employee, and who is not an employee, managers may start using contingent […]