Tag: Compensation

How You Know Your Job Descriptions Are No Good

The most typical problems have to do with job specifications that are inaccurate. They either require something that isn’t truly required, or they describe duties that are no longer relevant. Job Specs Unreasonably High A number of state and federal government agencies (particularly the Equal Employment Opportunity Commission (EEOC)) have concluded in a number of […]

Sales Comp Winners: Hurdles, Modifiers, and Matrices

Special from WorldatWork Total Rewards 2013, Philadelphia Hurdles, modifiers, and matrices are basic building blocks of sales comp programs, says consultant David Cichelli, CSCP. Each is suited to a different situation. Cichelli, who is senior vice president of the Alexander Group, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition, held recently in […]

HR Apps Available Now Plus Checklist for New Technology

Seals, a senior partner with Mercer Atlanta, offered her tips at WorldatWork’s annual convention and exhibition, held recently in Philadelphia. Examples of New Technology Available Now Seals offers the following examples of new technology that are available now to help you do your job: Globoforce.com Social recognition tools to nominate, approve, congratulate, and redeem awards […]

What Does the C-Suite Really Think About HR?

Botwin, founder of SPC Consulting, offered the following tips at BLR’s 2013 Strategic HR Summit held recently in Scottsdale, Arizona. What the C-Suite Thinks HR Does Says “No” Hires and fires Controls with rules and enforcement Generates costs and overhead Gets in the way What HR Really Does Looks out for the company Makes sure […]

New Technology—Taking HR from Smog to Cloud

Seals, a senior partner with Mercer Atlanta, offered her tips at WorldatWork’s annual convention and exhibition, held recently in Philadelphia. The New Model for Purchasing Technology Seals’ chart shows how tech purchasing has changed: The Old Model   The New Model Licensed Business Models Subscribed On-premises Deployment Models In the cloud Customized single tenant Architectural […]

Pay Budgets 2013/2014–What’s Really Happening?

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 is the average merit and general increase for 2013 (at each performance level) What increases are planned for 2014? What are the criteria used […]

Small Data May Help More than Big Data, Despite the Hype

Can big data solve your HR problems? The important thing to remember is that the basis of big data is statistics, and you have to be careful interpreting results. So-called confounding variables may muddy the waters. For example: History can intervene. The measurement may have been accurate, but things changed during the measuring period and […]

When Opportunity Knocks, Will You Open the Door?

Oswald, CEO of BLR, offered these thoughts on Lincoln, leadership, and opportunity in a recent edition of The Oswald Letter: It’s Lincoln’s second item—opportunities will present themselves—that I believe is most overlooked by those supposedly seeking opportunity. Often we are looking so hard for a certain opportunity or for opportunity to look a specific way […]

Big Data Blasts Some Long-Held Beliefs

What myths are being exposed by big data? According to a recent article in The Economist, “number-crunching has uncovered some surprising correlations.” For example, Evolv, a company that works with big data, found that: Employees who, when filling out their online applications, used a browser that didn’t come standard on their computer (software they had […]

Competing Compensation Goals? Matrix Them

Matrices for Sales Comp Use a matrix when sales people have concurrent accountability for two competing measures, says Cichelli, who is senior vice president at the Alexander Group. His remarks came at the WorldatWork Total Rewards 3013 Conference and Exhibition held recently in Philadelphia. The payout matrix provides improved payout as performance on both measures […]