Compensation Cafe

MAY 28, 2019

Whether you are redesigning your base pay program or creating an incentive plan, it pays to learn from experienced colleagues, so I've included links to Compensation Cafe articles about each of these three best practices. Singing, Dancing and Posing: Aligning Incentives, Performance Metrics and Strategic Objectives by Stephanie Thomas.

Compensation 85

Compensation eBook Career Development Analysis 85

Compensation Cafe

AUGUST 6, 2020

With HR building a single operating calendar for open enrollment, performance management, raises, incentive awards and development planning. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Where do you start?

Compensation 90

Compensation HR Software Planning Tools Performance Management 90

Compensation Cafe

NOVEMBER 28, 2018

Remember, some companies have begun to put their differentiation efforts into incentive payments rather than salary increases. Incentive decisions can also be peanut buttered, as I'm sure you've noticed. Differentiation in incentives holds up best when different employees have different incentive goals.

Compensation 80

Compensation Planning Tools Interview Software eBook 80

Compensation Cafe

DECEMBER 5, 2019

It's time to accept that your job has changed from gatekeeper (limiting access to pay knowledge until employees are "ready") to educator (describing the nuts and bolts of salaries and incentives). Otherwise you will lose the battle of misguided data. Earlier, she was a Principal at Willis Towers Watson.

Payscale 78

Payscale Compensation eBook How To 78

Compensation Cafe

JUNE 25, 2020

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

HR Planning 105

HR Planning Compensation eBook Planning Tools 105

Compensation Cafe

SEPTEMBER 10, 2020

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

Compensation 85

Compensation eBook Study Career Development 85

Compensation Cafe

MARCH 17, 2020

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

Compensation 88

Compensation Bonuses and Incentives HR Software Case Study 88

Compensation Cafe

APRIL 8, 2019

Bonuses are paid, last year's results are old news and grand plans for this year have been signed, sealed and delivered. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Looking at clear skies these days?

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Bonuses and Incentives Compensation eBook Performance Management 60

Compensation Cafe

JUNE 25, 2019

If there is no complete definition of regular rate of pay, their lawyers ask, what if the government counts T-shirts and anniversary bonuses? SHRM is publicly supporting the DOL's proposed new rule specifying that the following are excluded from the definition of regular rate of pay: Anniversary bonuses. Discounts on gift cards.

Bonuses and Incentives 59

Bonuses and Incentives eBook Compensation Career Development 59

Compensation Cafe

APRIL 28, 2020

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

AON 69

AON eBook Compensation Retirement 69

Compensation Cafe

AUGUST 9, 2019

Get credit for your incentives. Many CEOs of small companies don't like to talk about incentives since they can't guarantee a yearly payout. The thing is, no good incentive plan guarantees a payout, and most large-company employees can remember years when the business couldn't fund an incentive.

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Bonuses and Incentives Company Compensation eBook 49

Compensation Cafe

JULY 17, 2020

Take another example -- you need to communicate the bad news that mid-year bonuses will not be paid because of business conditions. They may understand why there is no funding for bonuses, but they will still be disappointed. Everybody's been working full tilt. Earlier, she was a Principal at Willis Towers Watson.

Compensation 52

Compensation Bonuses and Incentives Competencies Planning Tools 52

Compensation Cafe

FEBRUARY 11, 2020

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

Bonuses and Incentives 52

Bonuses and Incentives HR Planning Compensation eBook 52

Compensation Cafe

AUGUST 20, 2019

New incentive coming up next year? Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. New business goals coming up next year? Employees need to change their priorities and the work habits they've formed to achieve them.

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Compensation eBook Career Development Performance Management 55

Compensation Cafe

MAY 22, 2020

Or, in the case of variable pay programs, if you concentrate exclusively on the incentives for recognition purposes, eventually you won't notice that you're decimating your base salaries. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 52

Compensation Bonuses and Incentives eBook Performance Management 52

Compensation Cafe

JANUARY 26, 2021

salary increases and bonuses with flimsy links to everyday work, it's hard to engage people beyond job security unless you have career development alternatives to offer. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 52

Compensation Background screening Strategy Bonuses and Incentives 52

Compensation Cafe

DECEMBER 10, 2018

You may have already completed performance appraisal discussions, but performance should certainly be part of the discussion when 2014 increases and bonuses are covered with employees. Explaining consistently to all employees, how the budgets have been allocated for merit increases and bonuses.

Bonuses and Incentives 51

Bonuses and Incentives Background screening Compensation eBook 51

Compensation Cafe

APRIL 16, 2020

Career development. Incentives. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Start by letting yourselves get creative about all of the communication activities you normally do: Line of sight. Annual planning.

Planning Tools 52

Planning Tools Compensation eBook Career Development 52

Compensation Cafe

DECEMBER 10, 2014

You may have already completed performance appraisal discussions, but performance should certainly be part of the discussion when 2014 increases and bonuses are covered with employees. Explaining consistently to all employees, how the budgets have been allocated for merit increases and bonuses. It''s the end of the year.

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Bonuses and Incentives Compensation eBook Performance Management 45

Compensation Cafe

OCTOBER 24, 2019

Here are three tips you can use any time during the year, but most of all during merit increase and incentive award periods. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Get yourself a champion (or champions).

Compensation 58

Compensation Planning Tools eBook HR Software 58

Compensation Cafe

MARCH 13, 2020

There are opportunities to move up in almost every setting, whether or not the company has a formal career development strategy. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Bonuses and Incentives 52

Bonuses and Incentives Compensation Career Development eBook 52

Compensation Cafe

JULY 10, 2017

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

Bonuses and Incentives 40

Bonuses and Incentives Wellness Compensation eBook 40

Compensation Cafe

JULY 19, 2019

This is the best logic I've ever heard on the rationale for this "one size pretty much fits most" pay practice -- to which the McKinsey writers add encouragement for spot bonuses that are calculated as a percent of base pay rather than a negligible amount. But is there a bottom line? Earlier, she was a Principal at Willis Towers Watson.

Performance Management 45

Performance Management Bonuses and Incentives Compensation eBook 45

Compensation Cafe

JUNE 17, 2019

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

Bonuses and Incentives 45

Bonuses and Incentives Planning Tools Compensation eBook 45

Compensation Cafe

DECEMBER 17, 2019

I know what I can do to influence the size of my incentive. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. I agree with the performance rating I received on my last performance appraisal. Don't overdo it though.

Compensation 52

Compensation eBook Comparison Survey 52

Compensation Cafe

NOVEMBER 24, 2020

And usually the specific issue is merit increases and/or bonuses. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. the recognition that employees genuinely depended on just doesn't show up.

Bonuses and Incentives 52

Bonuses and Incentives Compensation eBook Career Development 52

Compensation Cafe

MAY 7, 2020

Then there's the "little" problem of overpaying merit increases or bonuses to "make restitution" to employees in blended jobs. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Benchmarking 52

Benchmarking Bonuses and Incentives Compensation eBook 52

Compensation Cafe

APRIL 25, 2019

Incentives. Research shows that many employees see annual incentive payments as a gift that signifies their relationship with the company. Mid-career hires take this to the next level. To them incentive payments reflect, among other things, their relationships with their colleagues.

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Hiring Hiring Software eBook Compensation 45

Compensation Cafe

JANUARY 31, 2019

At some point, wouldn't it be wiser to invest (in salaries, let alone other loyalty and trust issues like career development) rather than spend (on lower productivity, recruiting, orientations and so on)? Earlier, she was a Principal at Willis Towers Watson.

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Compensation eBook Career Development Trends 51

Compensation Cafe

JANUARY 14, 2021

Especially for annual programs like incentives that are not thought about in every month of the year. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Skills update -- Are you a homegrown compensation practitioner?

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Compensation eBook Compliance Training Career Development 52

Compensation Cafe

MAY 14, 2018

If you're an HR office of one, busily juggling everything from beneficiary forms to incentive awards, it's hard to believe that you share any pressures with other HR managers. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 45

Compensation Bonuses and Incentives Background screening Hiring Software 45

Compensation Cafe

JANUARY 16, 2017

And what if Alice is moving for a career development opportunity? And since variable pay programs, and sometimes equity award guidelines, can vary quite a bit from location to location, your policy will need to include the steps to either transfer, cash out, rollover and/or qualify the employee for mid-year participation in incentives.

Policies 40

Policies Bonuses and Incentives Compensation eBook 40

Compensation Cafe

OCTOBER 8, 2018

Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

Compensation 45

Compensation eBook Career Development Performance Management 45

Compensation Cafe

FEBRUARY 20, 2015

A short example of the takeaway lesson -- when it comes to reporting incentive results, it''s more likely to be perceived as substantively positive to say that you''ve achieved 96% of goal that to say you missed the goal by only 4%. She brings deep expertise in compensation, career development and communications to the dialog at the Café.

Bonuses and Incentives 40

Bonuses and Incentives Compensation eBook Performance Management 40

Compensation Cafe

FEBRUARY 19, 2018

Especially informative is the Aon Hewitt visual about the share of companies' payrolls devoted to bonuses vs. the share devoted to salary increases. "If Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

AON 40

AON Bonuses and Incentives Compensation eBook 40

Compensation Cafe

APRIL 27, 2017

With certain job levels, the link between incentives and the company's mission would be quite valuable, too. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Earlier, she was a Principal at Willis Towers Watson.

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Compensation How To Recruitment eBook 56

Compensation Cafe

AUGUST 6, 2019

So what if the tools you are using are the same -- your performance management program, merit raises and bonuses? Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café. Three more tips? What will help them find the time?

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Bonuses and Incentives eBook Planning Tools Performance Management 40