Tag: Compensation

HR Department Survey Results–How Does Your Department Compare?

What Is HR Responsible For? HR covers a lot of territory as the chart shows. No surprise that benefits and compliance are near universal, but it is interesting that 43% are responsible for safety/security, 10% have operational responsibilities, and 15% wear a facilities management hat. Type of Responsibility Percent of respondents indicating they have that […]

Succession Planning 2012—All About the Brain Drain

We can’t avoid a simple fact—We’re dealing with an aging workforce. For example, the Bureau of Labor Statistics reports that over one-third of the civilian employees working for the federal government are eligible for retirement. The same situation exists, but to a somewhat lesser degree, in the workforce as a whole. Companies can’t duck the […]

5 Compensation Cost-Savers

Here’s a chart that will help with evaluating compa-ratios, says Carroll, who is Director of Professional Services & Education at PayScale, Inc. Internal Compensation Review: Compa-Ratios Job Title Grade Base Min Mid Max Compa -ratio Base> max? Team Leader-Administration 7 95,000 54,136 64,579 76,109 1.471 YES Team Leader-Operations 7 91,000 54,136 64,579 76,109 1.409 YES […]

Use Simple Charts to Pinpoint Your Compensation Problems

Check compa-ratios, check external equity, see who’s over the maximum—it’s not rocket science, but it’s necessary, says Carroll, who is Director of Professional Services & Education at PayScale, Inc. Quick Review: The Numbers that Matter Analysis begins with an assessment of internal compensation rates to identify any aberrations (via the compa-ratio) and external equity (via […]

Top 7 Compensation Daily Advisor Articles 2012: Wage & Hour Edition

Unauthorized Overtime–Must Be Paid Even if Forbidden Many employers have written policies prohibiting unauthorized overtime. Such policies are fine—but you still have to pay employees for all hours they work, even if they have repeatedly violated your policy by working the extra hours. Unannounced WHD Inspector on the Way to Your Office? If you’ve got […]

9 Superstar Qualities of ‘A’ Salespeople (and What to Pay)

Anderson, who offered five dangerous weaknesses of sales people in yesterday’s Advisor, is president of the Selling Skills Institute and developer of the proprietary Shift Thinking Selling Methodology. He asks, How many of those weaknesses are represented on your sales team? Look Only for ‘A’ Players “A” players are not a commodity, says Anderson; you’re […]

How to Spot People Who Can’t Sell

Here are five classic sales weaknesses to be on the lookout for, says Anderson, who is president of the Selling Skills Institute, and developer of the proprietary Shift Thinking Selling Methodology. Weakness #1—Unsupportive Buying Habits People tend to have buy cycles, and those of your candidates are an important indicator. People with short buy cycles […]

Harassment Policies Still #1, But Social Media Biggest Challenge (Policy Survey Results)

Thanks to all who participated! Here are the detailed results: Most Common HR Policies The most widely implemented policy, according to our survey respondents, is harassment and/or discrimination with 94.5% having such a policy, followed closely by employee leave at 91.1%. Also above the 90% mark are computer and Internet use, confidentiality and proprietary information, […]

HR Managers’ Comp Packages in 3 Countries

“Best Practices” means “what most experienced large multinationals have been doing”—that doesn’t mean those practices best for your organization. You have to decide that for yourself, says Fisher, principal at Chicago-based consultant Laurus Strategies. Fisher was joined by colleague Patrick Gallagher for his presentation at SHRM’s Annual Conference and Exhibition, held recently in Atlanta, Georgia. […]

HR Far Removed? I Don’t Think So (‘Seat at the Table’ Talkback)

HR Far Removed? I Don’t Think So HR is far removed from the people and points that make a difference to the business? Tell that to the disgruntled high performer who’s thinking about leaving the company if better retention efforts aren’t made, or the vengeful terminated employee who sues for an amount that could devastate […]