Tag: Compensation

Recruiting and Retention—What’s Working in the Real World?

Please participate in our brief survey and see how what you are doing stacks up against what other successful companies are doing. We’ll get answers to these questions and more: What sources yield the best candidates? How is online recruiting working out? Which recruiting software works best? How much are you willing to negotiate salary […]

‘Strike Zone’ Payout Curve for Executive Incentives

Goal Setting Goal setting is the most important and challenging aspect of annual and long-term incentive design, says Harris, who is Managing Director at Frederic W. Cook & Co. Harris was joined by Ron Miller, Head of Global Rewards, Mobility, M&A, E.I. du Pont de Nemours and Company, in a presentation at the WorldatWork Total […]

Exec Comp 101—Philosophy, Base, Annual, LTI, Benefits

Harris, who is Managing Director at Frederic W. Cook & Co., was joined by Ron Miller, Head of Global Rewards, Mobility, M&A, E.I. du Pont de Nemours and Company, in a presentation at the WorldatWork Total Rewards Conference and Exhibition in Philadelphia. Elements of an Executive Compensation Program Element Importance Comment Compensation Strategy Medium Reflects […]

Remember the Titans: Lessons for Football—and for Management

Oswald, CEO of BLR®, offered his takeaways from Remember the Titans in a recent edition of The Oswald Letter. Here’s what he says: The other night I walked in the door to find my youngest son watching the movie Remember the Titans. If you’re a regular reader of this column, you know I consider the […]

5 Laws that Job Descriptions Can Violate

What Laws Are Involved? A number of laws and regulations are involved as you complete your job descriptions and work with them, says Kennedy, including: Fair Labor Standards Act (proper classification as exempt or nonexempt) Equal Pay Act of 1963 (comparing job values, pay values, and gender) Equal Employment Opportunity (comparing pay levels and protected […]

Performance Problem—Blame the Job Description?

Well-written and effectively developed job descriptions are communication tools that allow both employees and candidates to clearly understand the expectations of the role, its essential duties, competencies, and responsibilities, along with the required educational credentials and experience, says Kennedy. Kennedy is the principal consultant of MAKHR Consulting, LLC, and author of the career coaching book […]

DOL’s New Disability-Based Affirmative Action Requirements

In addition to the major changes discussed in yesterday’s Advisor, there are several other important changes that are included in the final Section 503 rule, says Schoenfeld. Definitions The definition of “disability” has been revised, pursuant to the ADA Amendments Act (ADAAA) of 2008. EO Clause Contractors will be required to state in solicitations and […]

Outsourcing: The Good, the Bad, the Far-Flung

Most managers won’t be able to get to the infamous 4-hour workweek, but most of them are looking to free up time, says consultant Amy Letke. And one potentially effective way to do that is to outsource some nonessential HR functions. What Is Outsourcing? Outsourcing is the contracting of an internal business process to a […]

Hiring Goals for Individuals Disabilities—New Affirmative Action Requirement

The changes are to the regulations implementing Section 503 of the Rehabilitation Act of 1973, which prohibits employment discrimination against individuals with disabilities. BLR Senior Legal Editor and affirmative action expert Susan Schoenfeld explains how the new regulations will impact government contractors. Effective Date in March 2014 According to the OFCCP, the new rules will […]

New Business Bumper Sticker: I ♥ My Millennials

The Enthusiastic Employee Debunks Generational Characteristics And that’s not just my opinion. In their recently published second edition of The Enthusiastic Employee: How Companies Profit by Giving Workers What They Want (The Enthusiastic Employee), David Sirota and Douglas Klein debunk the popular generational differences theories.   They say that descriptions of the various generations in […]