Compensation

How to Prepare Managers to Talk About Pay

Of all the topics organizations need to talk about, you’d think they’d be most effective about communicating compensation. After all, although you hope that employees love their jobs, they work to earn money — to pay their mortgage, put gas…

Your Comp Plan Is a Reflection of Your Culture

These days, it seems like more and more companies are thinking about their corporate culture. A good culture is viewed as a solid strategy for driving job satisfaction and – ultimately – attracting and retaining the best and brightest employees…

Wages Jump As Jobs Grew Modestly In December

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor…

5 Ways Compensation Will Change in 2017

As the economy continued to rebound in 2016, there was intense competition in many talent markets across a number of jobs and industries. All indicators show the financial landscape is poised to continue growing in 2017, so employers are now…

Budgeting Comp For a Blended Workforce

One of the key missions of a CHRO (or those who want to become CHROs) is to create a compensation plan. This has become increasingly complicated and dependent on other departments (like procurement) as the workforce has drifted to a…

You’ll Be Better Off Talking to Them About Pay

It’s time to bring compensation into the modern era. Companies are successful when they make their organization a place where the best people want to work. As a result, HR leaders need to develop compensation programs that embrace this idea….

What You Can Do About Shrinking Take Home Pay

Big companies. Small companies. Private. Public. For-profit. Nonprofit. Manufacturers. Tech shops. Banks. Hospitals. Retailers. You name it. They all want to do right by their employees. To be a place people want to work. To support work-life balance. To pay…

Selling Your Comp Plan the FAB Way

How are great salespeople able to seamlessly turn every one of your concerns into a demonstration of the prowess of their product? Are they really just that convincing or is there some type of method to their success? The best…