Tag: Compensation

Can You Forbid Discussions of Salary and Pay?

It’s all part of NLRB’s new expansive view of its role. For insights about the overly aggressive NLRB and the recent court decision concerning the legitimacy of President Obama’s recess appointments, we spoke with Patricia Trainor, BLR’s senior managing editor, HR. “There’s a very interesting situation at the NLRB now: A court has ruled that […]

SMART Goal-Setting—Key to Pay for Performance

Making Sense of Goals and Objectives Neelman offers the following suggestions for making goals and objectives truly helpful: Make performance management an important aspect of a manager’s evaluation. Limit evaluations to critical goals that employees can impact. Three to five goals is usually most appropriate. No more. Goals should enhance the employee’s performance in his […]

Where’s the Public’s Breaking Point on Exec Pay?

Shareholders are voicing their disapproval over excessive executive pay. HR managers need to know the public’s “breaking point” for each pay element, says consultant Kurt Fichthorn. Fichthorn, who is vice president in the Philadelphia office of the Hay Group, offers the following chart to clarify what employers want and how it compares to what the […]

Comp Philosophy? Yes, You Must Have One

Yes, it’s worth the time and focus on your compensation philosophy, because it is the basis for everything you do in compensation. You need to get it to paper so execs, managers, and employees understand, says Rizzuti. Rizzuti, who is a principal and senior consultant with Compensation Resources, Inc, in Upper Saddle River, New Jersey, […]

Exec Rewards: Use Total Comp or Miss by a Mile

Base executive pay decisions on total direct compensation and you are likely to “miss the market by a mile,” says consultant Kurt Fichthorn. To understand the importance of a total remuneration perspective, look at this table that reflects information about your CEO’s compensation, says Fichthorn, vice president in the Philadelphia office of Hay Group. CEO […]

How the Wizard of Oz Can Help Us Be Better Managers

Here’s what Oswald said: Recently, an adaptation of The Wizard of Oz was released. If you’re like me, you grew up watching the 1939 classic. The new film got me thinking about those wonderful characters created by L. Frank Baum. There’s the Cowardly Lion, the Scarecrow, the Tin Man, and, of course, Dorothy. Each one […]

Post-Recession Compensation: Attract and Retain Top Talent

Your organization may be at risk of losing top talent and may face future recruiting challenges as employees weigh their employment options more carefully in a recovering economy, says Daniels, who is senior consultant at Keating Advisors, LLC. Hiring Is Heating Up Recent BLS data, says Daniels, show that there is an increase in hiring. […]

Workers’ Comp 101: When Can You Discipline an Injured Worker?

"Even if we’re talking about an injured worker is in a protected classification, the employer can generally discipline that person as long as they can show good cause." David Schmit told us in a recent BLR webinar. Good cause can be defined as "a fair and honest cause or reason, regulated by good faith on […]

The 4 Approaches to Pay Structure

For companies that have cut back on pay for a few years (who hasn’t?), it’s time to take a look at your status, says Daniels, who is senior consultant at Keating Advisors, LLC. You may well have fallen behind or your structure may no longer align with your strategies. Review Your Current Base Pay Structure […]

Parental Leave Now Mandated Under Military Exigency FMLA

The Final FMLA rule makes four changes (or clarifications) to the listed qualifying exigencies, says Schoenfeld, Senior Legal Editor on BLR’s human resources team. Clarifies that, for the purposes of leave for childcare and school activities, the child must be the military member’s child or a child for whom the military member stands in loco […]