Incentives

6 Steps Every Company Can Take to Develop Women Leaders

This is second of two parts on gender diversity in leadership positions. Today’s article offers some steps organizations can take to develop future women leaders. Part one is here. ———— Between 2015 and 2016, the percentage of women in the corporate pipeline improved, but so slightly there was effectively no change. As the…

When ‘Please’ and ‘Thank You’ Aren’t Enough

Saying “please” and “thank you” is one of the most fundamental communication strategies we use to project our own intentions and gauge the intentions of others. That is why it is crucial to use them in the workplace — arguably, with no exceptions. This is not a tall order however. Most people, when…

Rewarding People For Results Is a Mistake

Beware of people who say things like, “I’m the sort of person who likes to get things done.” They almost always make this remark when trying to impress an interviewer, colleague, or manager. The implication is that while all the losers around them are busy being losers, these are the stars of your organization. Often, though, they’re…

HR Roundtable: How HR Can Encourage Encouragement

We decided to start the HR Roundtable (of Cincinnati) off in 2017 on a positive note. The topic was “Encouragement At Work” and we were going to explore how to make this more of the norm versus an exception. Since we skipped meeting in January, people were eager to reconvene and get into…

Your Comp Plan Is a Reflection of Your Culture

These days, it seems like more and more companies are thinking about their corporate culture. A good culture is viewed as a solid strategy for driving job satisfaction and – ultimately – attracting and retaining the best and brightest employees in our increasingly competitive talent market. So what does culture have to do…

Jobs Grow by 156K in December; Wages Take Jump

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

Wages Jump As Jobs Grew Modestly In December

Ending the year much as it began, employers hired a modest 156,000 new workers in December, bringing the total for 2016 to 2.16 million new jobs. In 2015, employers added 2.74 million. While this morning’s jobs estimate from the Labor Department came in lower than the 180,000 analysts in a Bloomberg survey were…

What to Like (and not) About LinkedIn Salary

Earlier this month, LinkedIn introduced LinkedIn Salary for users in the U.S., UK, and Canada (rollout to the rest of the world is expected in 2017). The crowdsourced salary database — which places LinkedIn squarely in Glassdoor’s neighborhood — enables Premium members to access compensation information without sharing their own data, while free…

Budgeting Comp For a Blended Workforce

One of the key missions of a CHRO (or those who want to become CHROs) is to create a compensation plan. This has become increasingly complicated and dependent on other departments (like procurement) as the workforce has drifted to a more contingent/permanent blend. With 51% of employers saying their need for contingent workers…

Do You Know What A Bonus Is?

I’ve had an important lesson reinforced for me. I’m reminded again, via many conversations with employees and managers, of the wide range of definitions people hold for some very basic compensation terms. Think there is some level of agreement on what terms like “bonus”, “incentive” and “pay for performance” mean? Well, think again….

How to Decide Comp In A Continuous Feedback Workplace

Now that your company has started giving more frequent feedback, you may be wondering how this new system will impact compensation and promotion decisions. You may be inclined to directly use the information collected, as you did with your annual performance reviews. However, this could have negative consequences for your new feedback culture….

You’ll Be Better Off Talking to Them About Pay

It’s time to bring compensation into the modern era. Companies are successful when they make their organization a place where the best people want to work. As a result, HR leaders need to develop compensation programs that embrace this idea. Today, we find ourselves in an incredibly tight talent market. Unemployment is just…