Tag: Merit Increase

HR Mythbuster Takes on 4 More

Beachboard made his remarks at SHRM’s Annual Conference and Exhibition, held recently in Chicago. He is a shareholder in the Los Angeles and Torrance, California, offices of law firm Ogletree Deakins. [Go here for urban legends 1 to 9.] Urban Legend #10 They are the staffing firm’s employee, so we don’t have to worry about […]

Merit Increases—Performance or Place in Range?

Neelman, who is principal and senior consultant with Compensation Resources, Inc., in Upper Saddle River, New Jersey, shared her tips at a recent webinar sponsored by BLR and HR Hero. Working with Salary Ranges Neelman’s charts below describe the segments of the range and who is typically in each segment. Below Incumbent’s salary falls below […]

Counter Offer Concerns—For Both Employee vs. Employer

The Employer’s Concerns There are a number of concerns that management has when contemplating counteroffers: The offer as a precedent. What will be the effect on corporate compensation and benefits and perks programs. Will the counteroffer throw all those programs into disarray? Lack of privacy—transparency. Privacy is generally not an option—the work will get out. […]

A Lumpsum Payment Beats a Merit Increase Every Time

Rubino, who is founder and president of Rubino Consulting Services in Pound Ridge, New York, offered his suggestions at the 64th SHRM Annual Conference and Exhibition, held recently in Atlanta, Georgia. Here are the rest of Rubino’s tips: [Go here for tips 1, 2, and 3.]                                   4. A Successful Plan Sets Total Compensation Integrated With […]

10 Dogooder Acts that Drive Good Salespeople to the Competition

Stevens is Vice President of R&D at Chally Group Worldwide, a global leadership, sales potential, and performance measurement firm. [Go here for Mistakes 1 to 6] MISTAKE 7: Being a Do-Gooder Since most sales managers enjoy influencing other people, they tend to pride themselves on improvements they see in their sales forces. They have a […]

What’s Penn State Mean for Comp Pros? More Harassment Cases

Sexual harassment charges had been declining somewhat, but the recent publicity will reverse that trend, says Schickman, who is a partner at Freeland Cooper & Foreman LLP in San Francisco. His remarks came at BLR’s Advanced Employment Issues Symposium in Las Vegas. Schickman is a member of the Employers Counsel Network, and edits the BLR/HRhero […]

‘I Can’t Live on What You’re Paying Me’ Conversations

Today’s tips are again from a recent BLR webinar featuring Teresa Murphy and David Wudyka. Murphy is the principal consultant for HR Partner Advantage, an HR advisory firm based in Raleigh, N.C. Wudyka, SPHR, MBA, BSIE, is the founder and managing principal of Westminster Associates, a Massachusetts-based human resource and compensation firm. Complaint:  “I can’t […]

Get Analytical to Manage Comp Says Combearsation Manager

Compbearsation Manager? Tanis is Manager, Compbearsation and HRIS for Build-a-Bear Workshop in Saint Louis, Missouri. His “Top 9” came at the recent SHRM Annual Convention and Exhibition in Las Vegas. [Go here for tips 1 to 5.] 6. Get Analytical Identify the indicators and drivers you’ll use to analyze your department’s work, Tanis says.   […]

Sales Comp challenge — Taming the End-of-Period Push

[Go here for sticky wickets #1-#3.] The problem: Sales peak at the end of each period. Sales Comp Impact: Sales personnel wait for period end push Order management and fulfillment are unduly taxed Margins evaporate Customers may be lost Source of the Problem: The problem results from two primary factors: Period end order push by […]