Tag: BLR

Get Analytical to Manage Comp Says Combearsation Manager

Compbearsation Manager? Tanis is Manager, Compbearsation and HRIS for Build-a-Bear Workshop in Saint Louis, Missouri. His “Top 9” came at the recent SHRM Annual Convention and Exhibition in Las Vegas. [Go here for tips 1 to 5.] 6. Get Analytical Identify the indicators and drivers you’ll use to analyze your department’s work, Tanis says.   […]

Untethered Workforce Makes Communicating Comp a Challenge

The important lesson from yesterday’s Advisor was to view incentive compensation as a way to drive business results. Determine what is important to your customers, and then create incentive goals to support that. Divide your employees into business groups, advises Mark Mitchell, managing director of American’s Customer Experience area. Let the employees have a voice […]

Incentive Comp Threatening Your Organization? Think AIG

In spite of the old saying that a salesperson cannot be overpaid, it seems that one indeed can be. And they were, says Dolmat-Connell, president and CEO of compensation consultants DolmatConnell & Partners. He points to AIG as a prime example of where things went wrong.  “They had traders whose pay was $100,000 a year, […]

Peer Group ‘Arms Race’ for Executive Pay?

Peer Group ‘Arms Race’  Boyd, a researcher at Boston-based compensation consultant Equilar, says that pay ratcheting is a concern when companies compare themselves to their peer group. “For instance, you decide to set your CEO’s pay above the median of the peer group. Then other companies see that figure and want to set their CEO […]

Build a Perfect Peer Group for Compensation Comparisons

Who’s in Your Peer Group?  The first thing to do is to decide which companies should make up your peer group, says Boyd. Should you compare to companies:  Against whom you compete for business? Whose revenues are approximately the same as yours? With about the same number of employees? In the same industry?   Isn’t there […]

20-Year Sexual Harassment Report Card: Mixed Bag for Employers

Lawsuits are down, but judgments are up. Training is the answer. This fall marks 20 years since the term “sexual harassment” entered the American lexicon in a big way. Americans came to know it through the testimony of Anita Hill, as she complained about alleged unwelcome advances from her ex-boss, now-Supreme Court Justice Clarence Thomas, […]

‘I’ve Learned How to Manage Intermittent Leave Abuse’

It took her a couple of years to figure things out, she says. “You can’t fix intermittent [leave] abuse overnight. But it will get fixed if you stick with it.” She added that she is not a lawyer, and she “doesn’t play one on TV.” But she does have a handle on intermittent leave. (Dahlen […]

4 Steps to Thaw Pay Freezes

“I think what we’re going to see is that where there were takeaways or freezes, the money is going to be given back, but not across the board,” says Dorf, who is Managing Director of Compensation Resources, Inc. “Companies are doing it on a much more discrete basis, targeted to those employees who have really […]

Top 10 Must Reads from Compensation Daily Advisor

Flex—’Nice-to-Have’ or Business Imperative?“Flexibility is a business imperative,” says consultant Diane Burrus. It’s not “Nice-to-have,” it’s a results-based business strategy. Her practical tips in today’s Advisor. Catch Me If You Can Compensation? DOL Says ‘I Caught You’Employers can say “Catch me if you can,” but they had better be ready to explain their decisions when […]