Tag: Compensation

Is Pay-for-Performance the “New Normal”?

Pay-for-performance, once considered a cutting-edge compensation strategy, has now gone mainstream. Dan Walter, CEP of Performensation, says that competition, performance, and reward have become so intertwined and such an integral part of our everyday lives that they should unquestionably affect the way employees are paid. Today and tomorrow, we’ll share some of his insights in […]

Brevity Is the Soul of Wit

President Woodrow Wilson was once asked how long it took him to prepare his speeches, and his answer was quite telling. “That depends on the length of the speech,” said Wilson. “If it is a 10-minute speech, it takes me all of two weeks to prepare it; if it is a half-hour speech, it takes […]

The Skinny on Bonuses

“Bonus” is a term we’re all familiar with in a general sense, but today we’re going to step back and look at the concept in the context of your overall compensation strategy.

Why It Pays to Keep Your Job Descriptions Current

Yesterday, we looked at telecommuting—aka “the benefit that keeps on giving” to both employees and employers. Today, our take on another low-cost yet highly beneficial activity you’re probably not spending enough time on: updating your job descriptions.

Responsibilities of the DOL

Established in 1913, the Department of Labor (DOL) has legal responsibility over matters related to employment. On their website today, they state their mission[i]:

A Coveted Employee Benefit that Actually Saves You Money

Telecommuting continues to grow year after year, despite some high-profile stories to the contrary (such as Yahoo!’s decision a couple of years ago to eliminate telecommuting options). In fact, some experts predict that a whopping 30 percent of workers in industrialized countries will be telecommuting by 2019!

Generational Differences at Work Abroad

Yesterday, we got some interesting insights from Jacque Vilet, president of international consulting firm Vilet International, on workplace compensation issues outside the United States. Today, her take on intergenerational differences at work—and some words of wisdom if you’re thinking about launching an overseas location.