Tag: Compensation

3 Levels of Sales Jobs—3 Levels of Incentives

Cichelli, senior vice president at the Alexander Group, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition. Here’s how he describes the three types of sales jobs: Job Level→ Factor↓ Territory Rep Account Manager Key Account Manager Customers Many/Existing and Potential Several (20–30)/ Existing Few (3–4) /Existing Orders Many/Small Average/Average Few/Large Sales Cycle […]

Is ‘Turnover Armageddon’ Heading Your Way?

If the economy continues to improve, employers may be headed to what the most pessimistic call “Turnover Armageddon.” What can you do to prepare? If your organization is like most, workers have been patient about compensation for several years of low or no raises. They understood that their organizations were squeezed by economic pressures, and […]

Performance Management Survey Results in; How Do You Compare?

Some other highlights of the 2013 Performance Management Survey: Employee self-evaluation is part of the process for 58% of respondents and peer evaluation is a best practice for 11%. 22% believe that the employees in their organization are pleased with their individual pay-for-performance program. 13% impose financial penalties on managers and supervisors who do not […]

Top Talent Premium Should Be 200%, not 50%

In yesterday’s Advisor, WorldatWork’s Kerry Chou offered the four top reasons that key talent leaves organizations. Today, what strategies are working, plus an introduction to a highly practical collection of prewritten, ready-to-use HR policies. What Strategies Are Working? WorldatWork surveys have shown the following percentages of respondents who said the tactic was “very effective” or […]

The 4 Reasons Your Top Talent Is Thinking About Leaving

The job market is always hot for key talent, says WorldatWork’s Kerry Chou, and with the economy improving, it’s just going to get worse. Chou, who is Senior Practice Leader, Compensation, at WorldatWork, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition, held recently in Philadelphia. Why Key Talent Leaves Employers are always […]

‘Top-Hat’ Executive Benefits Not Protected from Garnishment by ERISA

Creditors of retirement plan participants sometimes try to tap into a participant’s supplementary benefits under various legal arrangements, including garnishment and domestic relations orders. If a plan administrator or adviser is faced with the prospect of a participant’s deferred compensation being assigned to a creditor, the administrator must be familiar with a number of complicated […]

Engagement–That Simple and That Difficult

Oswald, CEO of BLR®, offered his thoughts on leadership and employee engagement in a recent edition of The Oswald Letter: If you read the Harvard Business Review, you might have noticed a recent article proclaiming “The New Employer-Employee Compact.” The article, like all the other articles and books written on the subject, reminds us that […]

ADA Accommodation Is Tricky, But Litigation Is Trickier

Postol, who is a partner in the Washington, D.C., office of Seyfarth Shaw, LLP, offered his ADA tips at SHRM’s Employment Law and Legislative Conference, held recently in Washington, D.C. What Defenses Are Left Employers still have some cards to play in the ADA game. Postol suggest employers take note of the following: 1. Employer […]

Hard to Get Started with Job Descriptions? Use Our Questionnaire

Here’s a basic questionnaire (We got it from the SmartJobs CD.) that you can use to begin the job description process (or to review existing job descriptions): Job Description Questionnaire Instructions: Distribute copies of this questionnaire to supervisors, human resources staff members, job analysts, and others who may be involved in writing job descriptions. Ask […]