Tag: Compensation

Daniel Pink: Money’s Not the Motivator We Think It Is

Pink, author of popular management books including his latest, Drive: The Surprising Truth About What Motivates Us, offered examples of how employers give today’s employees the autonomy they want—and that you need them to have.  Is Management an Anachronism?  Management is not a God-given mandate, says Pink, it’s a technology from the 1850s. It’s designed […]

The 5 Key Comp Trends for 2011

Wudyka, who is founder and managing principal of Westminster Associates, a Wrentham, MA based, full-service HR and compensation consultancy, forecast the following trends at a recent webinar sponsored by BLR. 1. Fewer Salary Freezes The number of employers freezing salaries continues to decline: 32 percent froze salaries in 2009. 12 percent did so in 2010. […]

Make Smart Post-Recession, Performance-Based, Pay Decisions

How can you make smart decisions on pay budgets, merit budgets, and overall compensation given the economic turmoil of the last few years? Consultant David Wudyka tells us what’s going on and what we can do about it. Wudyka is founder and managing principal of Westminster Associates, a Wrentham, MA based, full-service HR and compensation […]

Instant Gratification for HR Managers!

Visit our instant download site and purchase only what you need—from in-depth focus reports to a single policy—and you get it at lightning speed as an instant download, with no shipping cost or waiting. Go ahead and try any of the links below to see what’s available, and then please let us know what you […]

You Found Compensation ‘Disparities,’ Now What?

It’s important to recognize that you need to be able to document an employee’s compensation history, not just their current salary, says consultant Judith Mickey. Look at the employment lifecycle:  Start rates (identify overqualified applicants) Pay increase documentation Pay decrease documentation Wage freezes, etc.  Mickey, of HR Consultants, Inc., offered her comments at the recent […]

Catch Me If You Can Compensation? DOL Says ‘I Caught You’

“There is a dramatic increase in wage and hour lawsuits,” says Contacos-Sawyer (and the recent Wal-Mart decision probably means an even greater increase). At her presentation at the recent World at Work Total Rewards Conference in San Diego, Contacos-Sawyer, president of HR Consultants, Inc., was joined by colleagues Polly Wright and Judith Mickey.  What About […]

How I Sold Flex to Management

DeVry’s CEO was skeptical, says Nancy Johnson, Sr. Director Talent Management, but most managers were supportive, and ultimately she did sell management on flex.  Johnson shared her flex tips at World at Work’s Total Rewards conference held recently in San Diego.  How Johnson Sold Flex as a Business Strategy  First of all, flexibility had been […]

Flex—‘Nice-to-Have’ or Business Imperative?

At World at Work’s Total Rewards conference held recently in San Diego, sessions on flextime were eagerly attended. Burrus shared her tips for developing a flex program that supports the business while at the same time pleasing employees. Burrus is the Workplace Flexibility Practice Leader at Waltham, Mass.-based WFD Consulting. She offers six stages of […]

9 Ways to Maximize Comp in Tough Times

Here’s are Wudyka’s 9 top tips for 2011:  1. Reexamine Your Pay Program  The bad economy has produced a tremendous opportunity for us to improve our compensation plans, Wudyka says. For example, consider gainsharing, he suggests. It only pays out when company does better.  2. Reallocate Comp Dollars  Re-examine the way that you allocate comp […]

Pay Never Goes Down? Another Bad Habit

Carroll is Director of Professional Services and Education at Payscale, Inc.; Lee is Director of Qualitative Analytics. Their remarks came at a recent webinar hosted by WorldatWork. Bad Habit #4. Pay Never Goes Down [Go here for Bad Habits #1, #2, and #3.] Lots of organizations just continue to move things upward, both ranges and […]