Tag: Localized Salary Finder

Wage Compression? Use the ‘Compression Triangle’

The first thing to recognize about compression is that there are no secrets at work, says consultant Brown. People are going to find out what other people make. They may talk openly or it may be relatively innocent, he adds. For example, your life insurance is half of salary, and employees are sitting at lunch […]

Development, Mentors, Opportunities, Risk, and Reward Keep HIPOs Engaged

Here are some more tips for managing HIPOs (high potentials): Increase risk and reward. This might mean giving more at-risk salary in the form of bigger bonuses or incentive pay for outstanding performance. Having more say over final take-home pay can allow HIPOs to feel more in charge of their career outcome, even if the […]

Voluntary Benefits Offer Employees Guaranteed Insurability

Employees may think that they can’t afford a big policy, but it’s often a good idea to join the plan at the lowest level and cost, even if the policy is not large, says consultant Mike Miles. That gets your foot in the door and often ensures that you can “buy up” in the future […]

Mitigating Measures—Heads Employee Wins … Tails Employer Loses

What’s a Mitigating Measure? According to the Job Accommodation Network, a mitigating measure is a treatment, therapy, or device that eliminates or reduces the limitations of a disability. Medications, including widely prescribed depression and anxiety medications Medical supplies, equipment, or appliances, low-vision devices (defined as devices that magnify, enhance, or otherwise augment a visual image, […]

When You Should NOT Negotiate and Other Expert Tips

McCabe, who is professor of management at the McDonough School of Business, Georgetown University, offered his negotiating tips at the BLR® HR Strategic Summit, held recently in Scottsdale, Arizona. When NOT to Negotiate When you have not done your research or are ill-prepared When there is a locus-of-authority issue—that is, when the other party sitting […]

HR Mythbuster Takes on 4 More

Beachboard made his remarks at SHRM’s Annual Conference and Exhibition, held recently in Chicago. He is a shareholder in the Los Angeles and Torrance, California, offices of law firm Ogletree Deakins. [Go here for urban legends 1 to 9.] Urban Legend #10 They are the staffing firm’s employee, so we don’t have to worry about […]

There Is No Such Thing As Lawsuit Avoidance in 2012’

Segal, a partner with Duane Morris law firm in Philadelphia, shared his expertise at SHRM’s Employment Law and Legislative Conference, held recently in Washington, DC. [Go here for tips 1 through 13] 14. Focus on Risk Selection, Not Risk Avoidance In 2012, there’s no avoiding risk, says Segal. For example, say there’s a hiring decision […]

Can Companies Really Link Pay with Performance?

Parikh, who is director of product marketing at compensation software development company Callidus (www.calliduscloud.com), recently spoke to BLR on pay for performance. BLR: How well do companies really link pay with performance? Parikh: Companies basically end up spending about 8-10% of their gross revenue on variable compensation. That could be a very large amount of […]

Paired Comparison: Simple, Inexpensive, and It Works

Big companies use complex quantitative job evaluation systems, says Wudyka, who is managing principal of Westminster Associates in Wrentham, Massachusetts. However, smaller employers don’t need point count systems; they can use paired comparison. Wudyka’s tips came during a recent webinar sponsored by BLR. Paired Comparison One very efficient, effective, and low-cost method of ranking jobs […]