Tag: compensation plan

Post-Recession Compensation: Attract and Retain Top Talent

Your organization may be at risk of losing top talent and may face future recruiting challenges as employees weigh their employment options more carefully in a recovering economy, says Daniels, who is senior consultant at Keating Advisors, LLC. Hiring Is Heating Up Recent BLS data, says Daniels, show that there is an increase in hiring. […]

Making the Pitch for Your 2013 Compensation Plan

Csizmar, who is founder and principal of CMC Compensation Group, offered his tips at a recent webinar sponsored by BLR. Start with your compensation strategy. Says Csizmar. You have to insure that what you recommend is in line with the company’s compensation philosophy. Take into account management bias. Yes, every company has biases, Csizmar says. […]

Common Mistakes to Avoid in Broad-Based Variable Compensation Plans

As the economy crumbled around our collective feet, the proper design of a compensation program may not have seemed like a priority. But with more candidates than jobs available and the U.S. unemployment rate determined to break into double digits, you may be surprised to learn that compensation programs continue to play a vital role […]

Mitigate Risks of Your Incentive Compensation Plan

The collapse of several large financial institutions and the accompanying economic meltdown ushered in a new era in the United States, perhaps even in the entire world. Frugality and a new level of contemplation became commonplace. Along with this new sobriety came new rules, designed to prevent (or at least mitigate) what many view as […]