Practical HR Tips, News & Advice. Updated Daily.
In yesterday’s Advisor, consultant Terry Pasteris offered guidance on compensation metrics; today, dangers of Green Circles plus an introduction to the compensation guide that puts federal and state regulations at your fingertips. Red Circle employees indicate you are spending too much on compensation relative to the value of the jobs, says consultant Terry Pasteris, CCP, […]
How can you know if your comp program is meeting organization goals? You have to maintain metrics, says consultant Terry Pasteris, CCP, GRP. But there are metrics, and then there are metrics. Why Are Compensation Metrics Important? Pasteris, who is president of TLMP Consulting Group, offered her tips at a recent BLR®-sponsored webinar. She says […]
Variable pay is a powerful communicator of values and directions and changing business needs. However, with nonexempt employees, it is particularly important that: The amount of the incentive be market competitive and significant enough to reward in a meaningful way. The amount of incentive (aka pay at risk) is not so large that missing the […]
Medications for Treating Bipolar Disorder It is often challenging to find the right combination of medications and the right dosages, says expert Tom Wootton. Typical medications include: Mood stabilizers Antipsychotics Combination of both Wootton, CEO of Bipolar Advantage, whose remarks came in a recent BLR-sponsored webinar, was joined by Maureen Duffy, PhD, a practicing family […]
We have no accurate statistics regarding the prevalence of bipolar disorders in the workplace, especially because it is often hidden due to stigma, says Wootton. However, we do see a prevalence in creative departments, sales, legal, and management. Frustratingly, he adds, it’s often a tough call whether the employee with bipolar is an asset or […]
Pay-for-performance is fast becoming the new normal. We are seeing it in use by more and more companies to get the most out of the reduced compensation budgets we’ve had in recent years. “Everything in our daily lives is more performance-based than it ever has been in the past. In many professions, performance pay has […]
Giving feels good on its own, says TOMS Shoes founder Blake Mycoskie, but it’s also a great business strategy. TOMS’ one-for-one philosophy (the company gives away a pair of shoes for every pair it sells) has led it to success, he says. Mycoskie announced at the recent SHRM Annual Conference and Exhibition in Chicago that […]
Authentication and Clarification of Medical Certifications Employers are entitled to authenticate or clarify information received on a medical certification form. It is important to note that the definitions of what constitutes permissible authentication and clarification are very limited. “Authentication” means providing the healthcare provider with a copy of the medical certification and requesting verification that […]
[Go here for skills 1 to 5] HR Manager’s Key Skill #6—Discrete and Ethical HR professionals are the conscience of the company, as well as the keepers of confidential information. As you serve the needs of top management, you also monitor their actions toward employees to be sure that policies and regulations are followed. You […]
Sales compensation can be tackled from a strategic standpoint to ensure it is in alignment with company goals and objectives. This is important when getting started in the process. In fact, to ensure that their sales compensation plan is strategically aligned, here are 5 steps employers can take. Here are 5 steps to ensuring strategic […]