Tag: Compensation

Matching Your Total Rewards to Your Talent

Start by taking a talent inventory, says Barton, who is chief operating officer of Willis North America Human Capital Practice. She made her suggestions at the recent SHRM Annual Conference and Exposition in Orlando. You might start by populating a chart such as this, she says: Then think about what you can offer to each […]

Is Your Total Rewards Package Making a Difference?

Barton, chief operating officer, Willis North America Human Capital Practice, made her suggestions at the recent SHRM Annual Conference and Exposition in Orlando. She offers the following chart to help you classify your various reward elements. Measuring the Effectiveness of Your Current Total Rewards Strategy Barton offers a 13-part review for your total rewards strategy. […]

Do You Know the ‘Secret of Motivation’?

Dear Readers, The article’s authors—Amy Wrzesniewski, a professor of organizational behavior, and Barry Schwartz, a professor of psychology—had conducted a study about motivation. According to them, there are two types of motivation: internal and instrumental. Internal motivation, as you would guess, comes from within. People are motivated to do something based on the feeling of […]

Pay Budget Results for 2015 (New Survey)

[Go here for 2014 data and the rest of the survey results] 2015 Merit Increases A mere 13.8% (down from 14.1% in 2013) of survey participants have decided and/or approved their pay budgets for 2015, leaving 86.3% undecided as of the end of June. Of those who have decided, on average across all employee types, […]

Pay Budgets for 2015 (New Survey Results)

Yesterday’s Advisor began our coverage of BLR’s 2014–2015 Pay Budget Survey results. Today, the rest of the results, including 2015 compensation planning. [Go here for 2014 data and the rest of the survey results] 2015 Merit Increases A mere 13.8% (down from 14.1% in 2013) of survey participants have decided and/or approved their pay budgets […]

2014-2015 Pay Budget Survey Results in; How Do You Compare?

Highlights of the survey: 18.2% of respondents are awarding merit increases (averaged across all employee types) of up to 2.5% in 2014 and 46.1% are awarding increases of more than 2.5% 21% of survey participants awarded an increase of 2.51–3% for “Meets requirements” and 12.9% awarded that amount for “Exceeds requirements.” The biggest challenge for […]

HR Timewasters—Let’s Find Out What’s Destroying HR Productivity!

Dear Readers, Please take a few minutes to complete this survey and help us (and you) find out what’s happening in the real world of HR management. The survey takes only a few minutes to complete. Complete the Survey Now Compensation.BLR.com, now thoroughly revved with easier navigation and more complete compensation information, will tell you […]

Your Manager’s Worst Sin—Envy, Greed, or Sloth?

[Go here for sins 1 to 4 and a bonus sin] Sin 5. Envy Envy makes managers do things that aren’t appropriate for the company. For example: Gaming the compensation system. For example, giving a higher-than-deserved performance rating in order to award a higher raise to an average employee who is high in the range. […]

OFCCP Proposes Pay Data Reporting Rules for Federal Contractors

Certain federal contractors and subcontractors would have to submit summary data annually to the federal government that would identify employee compensation based on sex, race, hours worked and other factors, under new regulations proposed by the U.S. Department of Labor’s Office of Federal Contract Compliance Programs. The rules’ preamble called this “a critical tool for […]