Tag: Compensation

Performance Management Survey Results in; How Do You Compare?

Some other highlights of the 2013 Performance Management Survey: Employee self-evaluation is part of the process for 58% of respondents and peer evaluation is a best practice for 11%. 22% believe that the employees in their organization are pleased with their individual pay-for-performance program. 13% impose financial penalties on managers and supervisors who do not […]

Top Talent Premium Should Be 200%, not 50%

In yesterday’s Advisor, WorldatWork’s Kerry Chou offered the four top reasons that key talent leaves organizations. Today, what strategies are working, plus an introduction to a highly practical collection of prewritten, ready-to-use HR policies. What Strategies Are Working? WorldatWork surveys have shown the following percentages of respondents who said the tactic was “very effective” or […]

The 4 Reasons Your Top Talent Is Thinking About Leaving

The job market is always hot for key talent, says WorldatWork’s Kerry Chou, and with the economy improving, it’s just going to get worse. Chou, who is Senior Practice Leader, Compensation, at WorldatWork, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition, held recently in Philadelphia. Why Key Talent Leaves Employers are always […]

‘Top-Hat’ Executive Benefits Not Protected from Garnishment by ERISA

Creditors of retirement plan participants sometimes try to tap into a participant’s supplementary benefits under various legal arrangements, including garnishment and domestic relations orders. If a plan administrator or adviser is faced with the prospect of a participant’s deferred compensation being assigned to a creditor, the administrator must be familiar with a number of complicated […]

Engagement–That Simple and That Difficult

Oswald, CEO of BLR®, offered his thoughts on leadership and employee engagement in a recent edition of The Oswald Letter: If you read the Harvard Business Review, you might have noticed a recent article proclaiming “The New Employer-Employee Compact.” The article, like all the other articles and books written on the subject, reminds us that […]

ADA Accommodation Is Tricky, But Litigation Is Trickier

Postol, who is a partner in the Washington, D.C., office of Seyfarth Shaw, LLP, offered his ADA tips at SHRM’s Employment Law and Legislative Conference, held recently in Washington, D.C. What Defenses Are Left Employers still have some cards to play in the ADA game. Postol suggest employers take note of the following: 1. Employer […]

Hard to Get Started with Job Descriptions? Use Our Questionnaire

Here’s a basic questionnaire (We got it from the SmartJobs CD.) that you can use to begin the job description process (or to review existing job descriptions): Job Description Questionnaire Instructions: Distribute copies of this questionnaire to supervisors, human resources staff members, job analysts, and others who may be involved in writing job descriptions. Ask […]

Matrix Approach Will Tame Competing Sales Goals

Special from WorldatWork Total Rewards 2013, Philadelphia In yesterday’s Advisor, consultant David Cichelli talked about hurdles, modifiers, and multipliers for sales compensation. Today, his take on using matrices, plus an introduction to the all-HR-in-one-place website, HR.BLR.com®. Matrices for Sales Comp Use a matrix when sales people have concurrent accountability for two competing measures, says Cichelli, […]