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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 […]
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 […]
In yesterday’s Advisor, we got the first five of Combearsation Manager Timothy Tanis’ Top 9 “Compensation Things To Do Now.” Today, the rest, plus an introduction to a time-saving collection of pre-written policies Compbearsation Manager? Tanis is Manager, Compbearsation and HRIS for Build-a-Bear Workshop in Saint Louis, Missouri. His “Top 9” came at the recent […]
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 […]
It’s easy to get bogged down in the minutiae of compensation—individual salaries and incentives, red circles, and wage and hour, but it’s critical to spend some time on strategic issues, says “Compbearsation” manager Timothy Tanis, SPHR, GPHR. In today’s Advisor, his Top 9. Compbearsation? That’s right: Tanis is Manager of Compbearsation and HRIS for Build-a-Bear […]
“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 […]
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 […]
First of all, what’s the controversy? Con: Checks Are Dangerous Experts against doing social media background checks say that they are dangerous, for several reasons: In doing these checks, you’re bound to find out information about applicants that you don’t want, such as race, religion, age, etc. Even though it’s obtained innocently, that information […]
Pink, author of popular management books including his latest, Drive: The Surprising Truth About What Motivates Us, offered examples of how employers give today’s employees the autonomy they want—and that you need them to have. Is Management an Anachronism? Management is not a God-given mandate, says Pink, it’s a technology from the 1850s. It’s designed […]
Pink, author of popular management books including his latest, Drive: The Surprising Truth About What Motivates Us, offered examples of how employers give today’s employees the autonomy they want—and that you need them to have. Is Management an Anachronism? Management is not a God-given mandate, says Pink, it’s a technology from the 1850s. It’s designed […]