So, what’s your problem? We’re not trying to be confrontational but asking a sincere question. If you’re one who designs, processes, or transacts your company’s compensation program, it isn’t a stretch to think that you may have a few headaches.
 |
In a recent survey and accompanying white paper, talent management software firm HRsoft listed several problems that are common to folks whose jobs involve the design and administration of an effective compensation program. In fact, it seems that problems with compensation programs have a much longer reach than just into the HR or compensation departments.
That’s because, while compensation is supposed to be strategic in nature—a planning exercise that should support a company’s business strategy—it has turned into something one might refer to as a series of fires … as in putting them out. You know the feeling. The increasing complexities involved make the whole program about dealing with paperwork and budgets, with much less focus on planning than everyone would like.