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Strategy Not Part of Your Rep? Here's How to Change Their Minds

Compensation Cafe

In my last blog article , I explained how you can cut and paste your way to a compensation philosophy. In comparison, strategic insights occur when you put your compensation practices and philosophy in a new light, where the illumination falls on the challenges your company will face tomorrow. Don't know where to start?

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Hang on Tight -- Early Reports on CEO Pay Ratio Results

Compensation Cafe

Cooley (otherwise know as "the #1 law firm on Fortune's best company list") does a great job of aggregating early pay-ratio trends from a variety of sources including Mercer , Bloomberg and Compensation Advisory Partners. Margaret is a Board member of the Bay Area Compensation Association (BACA).

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What Will Pay Transparency Mean for You This Year?

Compensation Cafe

Plus, every bit of research tells us it's critical to effective compensation. If you're a regular reader of Compensation Cafe, you know that when we talk about pay transparency, we're referring to being clear(er) about how compensation works. Create a cost/benefit analysis as the last step.

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Building a Consistent and Sustainable Compensation Strategy for Your Business

MP Wired For HR

Building a Consistent and Sustainable Compensation Strategy for Your Business September 24th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In today’s competitive job market, crafting a well-structured and sustainable compensation strategy is crucial for attracting, retaining, and motivating top talent.

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Compensation Transparency: Advice for Getting the Balance Just Right

UpstartHR

This specifically applies to compensation as well. Trends in Transparency : A wide variety of trends have contributed to this increased demand for compensation transparency. Leveling the playing field between two parties in an exchange helps both to feel like they got a fair deal, which is essential in an employment situation.

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When You're Cornered, Why Not Step Aside?

Compensation Cafe

Here are a few tips from organizations that have learned about the ugly combo of panic and compensation. I often wonder why HR doesn't advise them to do a deeper analysis. None of these problems could be solved by handing out more compensation. Everything you do in compensation is communication, so why not do everything better?

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Where's the Fun in our Compensation Jobs?

Compensation Cafe

We really don't spend much time studying the emotions we feel as we practice compensation. Some people find compensation basics boring -- job analysis, job definition, job pricing using surveys and so on. Some people find compensation basics boring -- job analysis, job definition, job pricing using surveys and so on.