There are a number of movements afoot in the world of work that promise to impact the way we pay people. Two in particular may well converge to provide the … Read more
Spreading the Peanut Butter: Across-the-Board Pay Hikes Are a Bad Idea
“Spreading the peanut butter” is a term used by one of my international clients to describe a general increase, the granting of an … Read more
Remember Your Pay Structure? It’s Likely You’re Not Doing Enough
You’ve seen your company’s want ads and heard the pitch from your recruiters; you offer competitive pay to qualified candidates. That’s … Read more
Sometimes, A Little More Raise Can Make a Lot of Difference
You just received an above average performance rating from your boss, which naturally put a large smile on your face. But, that was subsequently wiped away … Read more
Compensation: It’s a Lot More Than Just the Cost of Labor
A quiet revolution has been unfolding over the past 20 years or so. There was a time when an employee’s salary was highly confidential. Employees were told … Read more
Why You Really Shouldn’t Over Rely on Pay-For-Performance
Recently over on Compensation Cafe, I shared the story of one team of highly skilled professionals in one very large organization and how a sole focus … Read more
What Happens When Superstars Don’t Get Much More Than Joe Average?
You just received an above average performance rating from your manager, which naturally put a big grin on your face. Which was subsequently wiped away … Read more
Pay For Performance: How It Is Viewed Around the World
Pay for performance is a new concept in many countries. Unlike the United States, some cultures consider it unacceptable to tell employees they are … Read more
Yes, You Do Get WHO You Pay For
A lot of the debate surrounding pay for performance focuses on the degree to which differentating pay by an individual’s performance serves as an … Read more
Is There Real Value in Paying For Employee Performance?
Is pay for performance — specifically that which we think of as “merit pay” — worth the hassle? I recently ran across a research … Read more
One Last Time: Yes, Financial Rewards DO Really Improve Performance
There is solid evidence from a number of major reviews of the research over 30 years that financial rewards can be expected to trigger improved … Read more
New Year, Old Message: 2014 Salary Increases Will Be Around 3% — Again
Waiting for that big raise to finally come through now that the economy seems to be slowly, gradually improving? Well, you might need to bit a little … Read more
Which Comes First, the Pay or the Performance?
It’s an age-old negotiation. Pay me more and I will perform. Perform better and I will pay you. So what comes first, the payment or the performance? Hay … Read more
Competitive Pay Is Simply Not Enough
You’ve seen your company’s want ads and heard the pitch from your recruiters; you provide competitive wages. That’s got to be a strong hook for attracting … Read more
CEO Pay: Why Not More Outrage Over Other Highly Paid People?
Why do so many of us get so bent out of shape about CEO compensation, but not about that of other relatively highly paid people? That is the central … Read more
Remember Those 3% Salary Increases? Now, They’re the “New Normal”
Remember back when 5 percent was considered an average annual pay increase? Maybe you don’t, but I do, and although we haven’t seen anything … Read more
Feedback and Appreciation Are Great, But Cash Is Where It’s At
Providing employees with specific information on their productivity is one no-to-low-cost way to drive improvements in their performance. A recent Harvard … Read more
Is the Balance of Power Starting to Shift to Employees?
Even if burnt-out employees aren’t ready to quit, they certainly are not delivering top-level performance any more. Since the recession began in earnest, … Read more
Survey: As Pay-For-Performance Goes Up, Forced Ranking Is Going Down
If you like cash money but not necessarily being forced ranked to get it, there’s some good news for you in the latest i4cp report on performance pay … Read more