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Incentives or Disincentives? More Mistakes That Send Salespeople Packing

McAnally is president of SalesComp America, in Andover, Massachusetts. Killer #7. Design Comp Plans That Don’t Match Company Goals [Go here for mistakes 1 to 6.] Nobody’s going to be happy with the sales force if compensation plans don’t match up with company goals. Say you’re trying to launch a new product that is much […]

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Tips for Using Social Media in Recruiting

Social media can be a simple and cost-effective way to connect with potential job candidates. Most employers today use social media in some capacity, but not all use it for recruiting. Let’s take a look at some tips for doing just that.

3 Ways to Motivate Employees to Become Customer Champions

Amid the competitive landscape, how you see and care for your customers may be what makes or breaks your success in business. And while training employees to become customer champions can be met with internal obstacles and the need to incentivize desired behaviors, doing so can empower organizations to respond organically to buyers’ needs and, […]

5 Compensation Cost-Savers

Here’s a chart that will help with evaluating compa-ratios, says Carroll, who is Director of Professional Services & Education at PayScale, Inc. Internal Compensation Review: Compa-Ratios Job Title Grade Base Min Mid Max Compa -ratio Base> max? Team Leader-Administration 7 95,000 54,136 64,579 76,109 1.471 YES Team Leader-Operations 7 91,000 54,136 64,579 76,109 1.409 YES […]

On-Demand Pay Considerations

Has your organization started offering on-demand pay as an employee benefit? On-demand pay is exactly what it sounds like—a way for employers to give employees access to their pay on demand instead of waiting for the standard payday. On-demand pay is often implemented through a third-party app, coordinated by a payroll provider, to give employees […]

Voluntary Benefits Can Help Employers Both Attract and Retain Employees

As a consultant who feels strongly about providing employees with both choice and value in their overall benefits package, I am heartened to see that employers increasingly see voluntary benefits as a means of enriching their core benefits plan by allowing employees to choose more personalized benefits.  However, it is important to focus on providing […]