Practical HR Tips, News & Advice. Updated Daily.
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. […]
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 […]
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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 […]
“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 […]
DeVry’s CEO was skeptical, says Nancy Johnson, Sr. Director Talent Management, but most managers were supportive, and ultimately she did sell management on flex. Johnson shared her flex tips at World at Work’s Total Rewards conference held recently in San Diego. How Johnson Sold Flex as a Business Strategy First of all, flexibility had been […]
At World at Work’s Total Rewards conference held recently in San Diego, sessions on flextime were eagerly attended. Burrus shared her tips for developing a flex program that supports the business while at the same time pleasing employees. Burrus is the Workplace Flexibility Practice Leader at Waltham, Mass.-based WFD Consulting. She offers six stages of […]
Here’s are Wudyka’s 9 top tips for 2011: 1. Reexamine Your Pay Program The bad economy has produced a tremendous opportunity for us to improve our compensation plans, Wudyka says. For example, consider gainsharing, he suggests. It only pays out when company does better. 2. Reallocate Comp Dollars Re-examine the way that you allocate comp […]
Carroll is Director of Professional Services and Education at Payscale, Inc.; Lee is Director of Qualitative Analytics. Their remarks came at a recent webinar hosted by WorldatWork. Bad Habit #4. Pay Never Goes Down [Go here for Bad Habits #1, #2, and #3.] Lots of organizations just continue to move things upward, both ranges and […]
I get lots of questions on sales compensation,” says consultant David Cichelli, “but the number one sticky wicket is always quotas, closely followed by long sales cycles, and mega orders.” Cichelli, who is Sr. Vice President at The Alexander Group, offered his tips at World at Work’s Total Rewards conference held recently in San Diego. […]