Tag: Compensation

Planned Merit and General Increases by Size and Industry: Survey Results

In yesterday’s Advisor, we saw survey results for planned increases by company location and employee level. Today, increases by company size and industry, plus an introduction to BLR’s popular Job Descriptions Encyclopedia. BLR’s 2012 Pay Budget Survey was conducted in June 2011. A total of 1637 organizations participated. Here are the rest of the results: […]

Free Report: The Leave Maze – Managing FMLA, ADA, and Workers’ Compensation Issues

The Compensation Daily Advisor® announced today the release of a free report, The Leave Maze—Managing FMLA, ADA, and Workers’ Compensation Issues, which will help compensation professionals to understand the legal basics of FMLA, ADA, and Workers’ Compensation. The special 42-page report clarifies the most up-to-date changes affecting each law, and pays particular attention to how […]

No Laws Require ‘Em, So Why Bother with Job Descriptions

Goodkin who is a partner in the Los Angeles office of law firm Rutter Hobbs & Davidoff, gave her tips at a recent webinar hosted by BLR. 4 Major Reasons You Need Job Descriptions Just for openers, said Goodkin, there are four major reasons for having job descriptions: 1. Knowing What to Look for When […]

Survey: Modest Pay Budget Increases for 2012

BLR’s 2012 Pay Budget Survey results suggest another marginal improvement in economic conditions from one year ago. The average planned merit increase for 2012 is 2.07%, according to the survey results, while the average actual merit increase for 2011 was 1.87%. In last year’s 2011 Pay Budget Survey, employers reported that their average planned merit […]

Promotions, Execution, and Carve-Outs Under Big Bang Theory

Hellerman and Kochanski, who are Sr. Vice Presidents at Sibson Consulting, offered their tips at WorldatWork’s Total Rewards Conference and Exhibition, held recently in San Diego. Promotions as Performance Reward Big Bang Companies manage promotions and the accompanying promotional increase as a key reward for high performance, says Hellerman. Sameness Big Bang Promotion is an […]

Big Bang Theory of Pay for Performance

The Forces of ‘Sameness’ Many factors have created the strong pull towards sameness in compensation: Talent shortages in 1996-1999, 2004-2007 Greater availability of data More effective tools to manage data comparisons Regulations and government scrutiny (Why do you pay the way you do? The easy answer is we do it like everyone else, Kochanski says.) […]

Free Compensation Report: Market Pricing Versus Job Evaluation: Why Not Both?

The Compensation Daily Advisor® announced today the release of a free report for compensation professionals, Market Pricing Versus Job Evaluation: Why Not Both?, which provides a strategy to help employers integrate job evaluation and market pricing tools. The exclusive special report examines the two tools in tandem – rather than as competing strategies. Market pricing […]

401(k)s Under Assault — What Are Best Employers Doing?

For years, BLR® has surveyed HR and benefits professionals to find trends in benefits. We appreciate your participation in our monthly series of brief, targeted benefits surveys. Today’s survey topic: 401(k) Plans. (We’ll publish the results in a future issue.) Please participate in this brief survey and we’ll determine just how employers are handling their […]

Dealing with ‘I-Deals’—Managers’ Special Arrangements with Individual Employees

I-deals are idiosyncratic “deals” that managers make with individual employees. They’re hard to stop, but it’s worth trying, says Greene, who is CEO of Reward $ystems Inc., in Glenview IL. Greene’s remarks came at the recent 2011 World at Work Conference in San Diego. Idiosyncratic “Deals” With Individuals/Groups Competitive talent markets increase the pressure to […]

Big Bang Promotions, Execution, and Carve-Outs

In yesterday’s Advisor, consultantsMyrna Hellerman CCP and Jim Kochanski  discussed how Big Bang companies broke out of sameness; today, their take on carve-outs and promotions, plus an introduction to a unique 10-minutes-at-a-time training system for your managers and supervisors. Hellerman and Kochanski, who are Sr. Vice Presidents at Sibson Consulting, offered their tips at WorldatWork’s […]