Tag: Employee Compensation

Comp Philosophy? Yes, You Must Have One

Yes, it’s worth the time and focus on your compensation philosophy, because it is the basis for everything you do in compensation. You need to get it to paper so execs, managers, and employees understand, says Rizzuti. Rizzuti, who is a principal and senior consultant with Compensation Resources, Inc, in Upper Saddle River, New Jersey, […]

6 Keys for Living with ISS and Glass Lewis

Lifshey, who is managing director at the New York office of Pearl Meyer & Partners, offered her executive pay tips at a recent webinar sponsored by BLR® and HR Hero®. Overview of New Glass Lewis Protocols Shareholder advisory group Glass Lewis has also made changes in its evaluation process. Effective Date Effective for annual meetings […]

5 Pay Practices that Trigger ISS Attention

Because ISS reports and positions on executive pay are widely reviewed and considered by investors, comp managers need to be aware of the principal concerns ISS has, says Lifshey, managing director at the New York office of Pearl Meyer & Partners. She offered her executive pay tips at a recent webinar sponsored by BLR® and […]

℞ for Your PBM: ‘Here’s what we’re willing to pay …’

Haas, who is vice president of Wells Fargo Pharmacy Consulting, spoke to BLR about the problem of generic drug pricing. To attack the problem, Haas and his team at Wells Fargo created a unique procurement strategy. “About 4 years ago, we listed every generic drug—and there are about 2,750 of them—by their specific identifying codes. […]

Benefit Savings Available—Hold PBMs to a Higher Standard

Haas and his colleagues sought a way to get drug costs down for clients. They peered beneath the surface and didn’t like what they found. From Purely Transactional to Cost Management Pharmacy Benefits Management programs (PBMs) started out in a purely administrative role, Haas says, helping to process retail pharmacy transactions and manage prices of […]

The Truck Loaders’ Tale—Metrics and Management

We’ve shared Ahlrichs’ truck loader story before but it’s worth repeating as it clearly illustrates what can happen when different parts of the team are using different metrics. Ahlrich, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. offered his tips at a recent webinar sponsored by BLR and […]

Dramatic Improvement in Turnover

And going one step further—if we can do a good job of managing turnover among top producers, we’ll improve other key metrics like retention of customers, says Ahlrich, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. He offered his tips at a recent webinar sponsored by BLR and […]

CEO to HR—Show Me the Money!

Show Me the Money Oswald, author of the Oswald Letter, suggests that HR can start by concentrating on three areas: turnover (see yesterday’s Advisor), productivity, and absence. Here’s how to present to him: Tell me how much your plan would save. Tell me how much your plan would cost. (That tells me what my ROI […]

Want a Seat at MY Table? (Talk My Language)

If you want a seat at my table, you have to talk my language, and that’s the language of numbers and dollars, says Dan Oswald, BLR CEO and author of the Oswald Letter. Oswald offered his remarks at BLR’s Advanced Employment Issues Symposium under way this week in Las Vegas. Here’s what I want to […]

The 3 Critical Categories for Salesperson Success

To accurately predict whether an individual will succeed in sales, you (and/or your assessment tool) need to extract information in three critical categories, says Anderson, who is president of the Selling Skills Institute, and developer of the proprietary Shift Thinking Selling Methodology. Anderson offered his tips at a recent BLR/HRHero webinar. Here are Anderson’s three […]