Tag: Compensation

4 Steps to Thaw Pay Freezes

“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 […]

Top 10 Must Reads from Compensation Daily Advisor

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 […]

Social Media Background Checks—Yes or No?

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 […]

Daniel Pink: Is Management an Anachronism?

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 […]

Daniel Pink: Money’s Not the Motivator We Think It Is

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 […]

The 5 Key Comp Trends for 2011

Wudyka, who is founder and managing principal of Westminster Associates, a Wrentham, MA based, full-service HR and compensation consultancy, forecast the following trends at a recent webinar sponsored by BLR. 1. Fewer Salary Freezes The number of employers freezing salaries continues to decline: 32 percent froze salaries in 2009. 12 percent did so in 2010. […]

Make Smart Post-Recession, Performance-Based, Pay Decisions

How can you make smart decisions on pay budgets, merit budgets, and overall compensation given the economic turmoil of the last few years? Consultant David Wudyka tells us what’s going on and what we can do about it. Wudyka is founder and managing principal of Westminster Associates, a Wrentham, MA based, full-service HR and compensation […]

Instant Gratification for HR Managers!

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You Found Compensation ‘Disparities,’ Now What?

It’s important to recognize that you need to be able to document an employee’s compensation history, not just their current salary, says consultant Judith Mickey. Look at the employment lifecycle:  Start rates (identify overqualified applicants) Pay increase documentation Pay decrease documentation Wage freezes, etc.  Mickey, of HR Consultants, Inc., offered her comments at the recent […]

Catch Me If You Can Compensation? DOL Says ‘I Caught You’

“There is a dramatic increase in wage and hour lawsuits,” says Contacos-Sawyer (and the recent Wal-Mart decision probably means an even greater increase). At her presentation at the recent World at Work Total Rewards Conference in San Diego, Contacos-Sawyer, president of HR Consultants, Inc., was joined by colleagues Polly Wright and Judith Mickey.  What About […]