Tag: Performance Management

Comp Philosophy? Yes, You Must Have One

By HR Daily Advisor Staff Mar 25, 2013 Benefits and Compensation

Updated: Mar 25, 2013

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, […]

Pay-for-Performance? Three Questions to Ask First

By HR Daily Advisor Staff Apr 3, 2012 Benefits and Compensation

Updated: Apr 3, 2012

Green, who is a principal at consultant Hay Group, offered her tips at a recent webinar sponsored by HRHero/BLR. What Pay-for-Performance Is (And Isn’t) First, says Green, it’s important to clarify what is pay for performance and what isn’t. Pay for performance, she says is: Any type of compensation or reward that is provided only […]

How To Effectively Manage Base Compensation with Pay Grades

By HR Daily Advisor Staff Feb 3, 2012 Benefits and Compensation

Updated: Feb 3, 2012

In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares her tips for managing base pay in low budget times. Here are the current compensation mindset issues we’re seeing, says Rizzuti: Coming out of it. All of us have been dealing with a difficult environment, Rizzuti […]