Tag: Compensation

Rewarding Hard Work Is a Common Mistake

Here are three more of Erdle’s six compensation mistakes. (Erdle is founder of Erdle Compensation Consulting, www.erdleconsulting.net.) [Go here for mistakes 1, 2, and 3] 4. Rewarding Hard Work Typically, you’re not trying to reward hard work, Erdle says; you’re trying to reward an outcome. The reason? Employees can work hard and still not get […]

The 6 Most Common Compensation Mistakes

He typically finds that some employees are paid too little (and likely to jump ship at the first opportunity) while others—whose specialties were desperately needed—make more than they should (and that’s robbing profits). To make matters worse, he says, no one knows which is which. Here are six of the most common compensation mistakes Erdle […]

Can You Explore Employees’ Personal Devices at Work?

Legality of Accessing Personal Devices Your company can manage the risks associated with BYOD by adopting policies and agreements that fit your risk tolerance, trust assessment, and regulatory context, says Chapman, who is an associate with DiMuroGinsberg in Alexandria, Virginia and a contributor to Virginia Employment Law Letter. However, she adds, the only way to […]

It Takes Three—Creative Type, Business Type, and ?

Now, I’m not sure you actually need three people, but you definitely need all three skill sets in the top people in the company, says Oswald, CEO of BLR, who offered his thoughts on the three key management skills in a recent edition of The Oswald Letter. As I recall, Oswald says, the argument went […]

BYOD—Must HR Be the Device Police?

A majority of businesses now allow employees to bring their own electronic devices to use at work, notes Chapman. With the rapid evolution of technology, this policy has quickly become the go-to standard in most workplaces. However, commingling personal and professional usage, data, and ownership of electronic devices creates challenging legal and security implications. Who […]

How Can I Avoid Suits Related to Hiring Practices?

West, principal of Employment Practices Specialists in Pacifica, CA, offered her tips at SHRM’s Employment Law and Legislative Conference, held recently in Washington, DC. Here are West’s tips for avoiding hiring lawsuits: Use application forms Ask about felony convictions READ the completed application Look for and ask about gaps in employment, missing information Check references […]

401(k)s, Free Food, Pet Insurance—What Benefits Are Best Employers Offering?

For years, BLR has surveyed HR, compensation, and benefits professionals to find trends in benefits. We appreciate your participation in our series of brief, targeted benefits surveys. Today’s survey topic: Benefits Other than Health Insurance. (We’ll publish the results in a future issue.) Complete the Benefits Other than Health Insurance Survey now Please participate in […]

Pay-for-Performance—Is Management Willing?

Pay-for-Performance is the hot new approach to compensation, says expert Brooke Green; however, you shouldn’t attempt it if management isn’t willing to do its job in performance evaluation. Green, who is a principal at Hay Group, offered her tips at a recent webinar sponsored by HRHero/BLR. In yesterday’s Advisor, she suggested that HR managers ask […]

Why Should You Conduct a Compensation Audit?

There are many reasons to conduct a compensation audit, and the benefits in employee productivity and retention can ripple through the organization. In a BLR webinar titled “Compensation: How to Effectively Manage Base Compensation with Pay Grades,” Dan Kleinman outlined some of the answers you’ll get by conducting a compensation audit. Are you ready to […]

Pay-for-Performance? The Three Key Questions

Is pay-for-performance the right compensation philosophy for your company? For some companies, emphatically yes, says expert Brooke Green; however, there are three key question to answer before considering it. Green, who is a principal at consultant Hay Group, offered her tips at a recent webinar sponsored by HRHero/BLR. What Pay-for-Performance Is (And Isn’t) First, says […]