Compensation Cafe

MARCH 29, 2018

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).

Report 45

Report eBook Compensation Staffing 45

Compensation Cafe

OCTOBER 25, 2018

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. We've been talking about it for years, after all.

Compensation 49

Compensation eBook Staffing Talent Experience 49

Compensation Cafe

DECEMBER 10, 2021

HR Operations and Compensation Design). If you're in Compensation but unaware of what's in the annual report, you really may not be doing your job as well as you could. Margaret O'Hanlon brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Report 52

Report Compensation eBook Staffing 52

Compensation Cafe

JANUARY 22, 2020

After all, those who handle compensation influence most talent strategy components including recruiting, performance management, development and staffing. . Compensation, of course, is in a better position than most of HR to develop financial insights. Why is HR's ability still in question?

HR Software 52

HR Software Staffing Software Hiring Software Staffing 52

Compensation Cafe

MAY 24, 2017

Everything we do in compensation is communication. This is not only the name of a fabulous book (see my bio), but it also describes a fundamental belief of many Compensation Cafe writers. Compensation colleagues, you can create a compensation plan with this principle in mind, and still miss many important nuances.

Compensation 40

Compensation eBook Staffing Career Development 40

Compensation Cafe

APRIL 10, 2017

But when I was talking this request over with a growing company recently, I was reminded of a few war stories that I usually share in Compensation 101 classes. The Director of HR in a high tech company requested a compensation study proposal because they hadn't checked competitive pay levels for over three years.

Hiring Software 40

Hiring Software Staffing Software Planning Tools HR Software 40

Compensation Cafe

JUNE 25, 2015

Like every company back to the Cro-Magnon period, they are starting out by looking at compensation. You've got to start somewhere and insight into compensation provides the newbie with a staffing study, organizational chart, large portion of operating budget and so on. Revs up your recruiting plans, too.

Compensation 40

Compensation eBook Staffing Career Development 40

Compensation Cafe

JULY 14, 2017

Editor's Note: In today's Classic post, we revisit Margaret O'Hanlon's sage career advice for fellow compensation pros. HR Operations and Compensation Design). If you're in Compensation but unaware of what's in the annual report, you really may not be doing your job as well as you could. Looking to advance?

Report 40

Report Compensation eBook Staffing 40

Compensation Cafe

JUNE 24, 2020

Next, look closely at the competencies you are using for performance management and career development. 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.

Competencies 40

Competencies How To Career Development eBook 40

Compensation Cafe

JANUARY 30, 2020

We really don't spend much time studying the emotions we feel as we practice compensation. In the long run, chasing these insights will make us more aware of our own career satisfaction, and incorporating them into our decision making may lead to a shift in what we prize and prioritize for our career.

Compensation 110

Compensation eBook Career Development Analysis 110

Compensation Cafe

JUNE 16, 2020

Career development no longer has to share the total rewards spotlight, and it becomes the go-to form of employee recognition. And while employees are going to sorely miss the dollars, they'll be thrilled that you'll finally be giving attention to their career. You may think that addressing career development is no big deal.

Career Development 85

Career Development Bonuses and Incentives Compensation Employee Recognition 85

DailyPay

APRIL 10, 2021

Compensation Force measured the level of total separations in the United States 2016 at 15.1%. READ OUR EBOOK. Training can range from career development opportunities to financial wellness programs. This makes measuring employee turnover more important for employers. What is the average employee retention rate?

Retention and Turnover 59

Retention and Turnover Industry Hiring Software Staffing Software 59

Compensation Cafe

AUGUST 18, 2020

You'll find a long list of articles in Compensation Cafe recommending that you create a "message platform" to build your Compensation communications. (It Of course, anyone in Compensation can list a set of messages describing the value proposition of working for your company. How is a Compensation message platform different?

Compensation 98

Compensation Planning Tools How To Career Development 98

Compensation Cafe

JULY 7, 2020

But what does burnout have to do with the Compensation Department? Most of us believe burnout comes from overwork and we're ready to say that the Compensation Department has no influence on that situation. It's inevitable in this unsettling situation, no matter how well-balanced we make our personal work habits. Other action steps?

Compensation 96

Compensation Performance Management eBook Career Development 96

Compensation Cafe

OCTOBER 22, 2020

Here is an illustrative excerpt from a manager tip sheet for a career development program: Developing our people ensures we have the workforce we need to adapt to an ever-changing environment. Making development a priority is great for our employees and it’s great for our business. Commit to action plans.

Compensation 90

Compensation Planning Tools Tools Career Development 90

Achievers

FEBRUARY 2, 2021

Employee benefits are non-salary compensation and perks. They consist of government mandated and voluntary indirect and non-cash compensation. . Career development opportunities . What are employee benefits? . ” It’s a step towards creating a more engaged and motivated workforce. .

Employee Benefits 237

Employee Benefits Hiring Software Recruiting Software Planning Tools 237

Compensation Cafe

MARCH 17, 2020

If you're starting to see those building blocks through the haze, let's take a shot at a parallel compensation case story. 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.

Compensation 88

Compensation Bonuses and Incentives HR Software Case Study 88

Compensation Cafe

JUNE 25, 2020

Compensation departments often run on the "no news is good news" communications strategy, choosing to take the upper hand in their relationship with employees. How long will it work for compensation departments to play it close to the vest in a world where information changes hands every nanosecond? It's barely working now.

HR Planning 105

HR Planning Compensation eBook Planning Tools 105

Compensation Cafe

OCTOBER 1, 2020

This is no year for the same old compensation communications. 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.

Background screening 100

Background screening Compensation eBook Performance Management 100

Compensation Cafe

AUGUST 20, 2019

Everything we do in compensation is communications. Change management should be the foundation of 90% of compensation communications. No wonder there can be so much frustration about the effectiveness of compensation communications. Here are three basics of our work. Why is change such a big part of it?

Compensation 55

Compensation eBook Career Development Performance Management 55

Compensation Cafe

NOVEMBER 20, 2017

Managers are the compensation communicators in your company. Not HR, not Legal, not even the CEO whose job is to explain why your compensation program makes good business sense -- but doesn't have to explain another 3%ish increase to a new parent. Margaret is a Board member of the Bay Area Compensation Association (BACA).

Compensation 53

Compensation eBook Career Development Performance Management 53

Compensation Cafe

MARCH 5, 2020

There may be more worthwhile goals for a compensation department to have than pay transparency , though the national media wouldn't have you believe it. After all, how many could actually be ready for such a dramatic intervention when typical compensation communications gets a limited investment in time or money each year?

Compensation 52

Compensation Career Development eBook Competencies 52

Compensation Cafe

OCTOBER 24, 2019

The compensation communication cycle takes many weeks -- too long to be disconnected from your audiences. Treat compensation as part of the business cycle. Compensation Cafe founder, Ann Bares, recently wrote a fabulous guide to developing a compensation philosophy that can help you obtain key insights by asking crucial questions.

Compensation 58

Compensation Planning Tools eBook HR Software 58

Compensation Cafe

DECEMBER 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.

Bonuses and Incentives 98

Bonuses and Incentives Time and Attendance eBook Compensation 98

Compensation Cafe

AUGUST 6, 2020

But otherwise, it often seems that benefits fit more comfortably into the "Total Rewards" concept than compensation does. So why should compensation practitioners bother? After all, "Total Compensation" communicates its meaning clearly, why jam it into "Total Rewards"? Where do you start?

Compensation 90

Compensation HR Software Planning Tools Performance Management 90

Compensation Cafe

MAY 27, 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.

Performance Management 99

Performance Management Competencies eBook Compensation 99

Compensation Cafe

APRIL 9, 2018

What, if anything, does that have to do with our compensation work? You know, just like if you have a new compensation change or improvement, why don't employees and managers just buy it and applaud your innovation? We were talking about where marketing fits in business operations. Let's start with the humdrum basics.

Compensation 55

Compensation HR Planning Retirement eBook 55

Compensation Cafe

JANUARY 26, 2021

Not a great foundation for a compensation practice! 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. Some of the findings verify long held beliefs but many more are counterintuitive. In a time of 2.5%

Compensation 52

Compensation Background screening Strategy Bonuses and Incentives 52

Compensation Cafe

SEPTEMBER 10, 2020

Check out this series on Compensation Cafe: What pay transparency means , where to start, how to talk it over with executives , and deciding how far to go. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Compensation 85

Compensation eBook Study Career Development 85

Compensation Cafe

MAY 28, 2019

Most compensation practitioners can tick off the obvious ones on their fingers. Go back through Compensation Cafe archives and you find many articles on each of these plan design parameters. Title the first column, "The compensation plan will be considered successful if it achieves." Best practices for plan design?

Compensation 85

Compensation eBook Career Development Analysis 85

Compensation Cafe

SEPTEMBER 11, 2018

The organization uses data and analytics when making talent decisions [Note: such as talent sourcing, selection, assessment, employee performance and career development]. Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

Company 95

Company Talent Experience Talent Management HR Function 95

Compensation Cafe

DECEMBER 5, 2019

What I'm talking about is giving employees enough information to understand how compensation decisions are made in your culture. After all, it's not just compensation information you'll be sharing but, eventually, a whole new open-book pay-for-performance philosophy.) What is pay transparency anyway, and how do I know when I get there?

Payscale 78

Payscale Compensation eBook How To 78

Compensation Cafe

JUNE 4, 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 94

Bonuses and Incentives eBook Compensation Career Development 94

Compensation Cafe

NOVEMBER 15, 2018

It is an achievement that needs to be nurtured through self improvement and career development, including a fair degree of manager feedback. Earning a promotion typically comes as the result of a series of coaching and development discussions that are focused on the employee's career goals. No one can promise a promotion.

Career Development 81

Career Development Competencies eBook Compensation 81

Compensation Cafe

FEBRUARY 4, 2021

What are you going to invest in compensation communications? If you are constrained on budget and time commitment but not painfully, add some content on the components of your compensation plan along with the end-of-year transactions. This is not the typical place to start when you plan, but from a practical standpoint it is the best.

Compensation 52

Compensation eBook Career Development Resources 52

Compensation Cafe

FEBRUARY 25, 2020

Today, we feature a Classic truth from Margaret O'Hanlon about what ultimately enables your compensation plans to achieve greatness. Instead of bemoaning the state of things, though, I want to point out aspects of their research that will help our compensation design. Editor's Note: The truth hurts. and it can set you free!

Compensation 53

Compensation eBook HR Function Performance Management 53

Compensation Cafe

JANUARY 14, 2020

How many times have you heard that compensation communications needs to take a marketing approach? Deeper understanding should make it possible to get better at your compensation communications. A marketing approach to communications can make your compensation program much more effective. But we don't usually give it that time.

Compensation 52

Compensation Planning Tools eBook Career Development 52