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UpstartHR
Compensation Related Topics
Avoid the Hype: Unlimited Paid Time Off
UpstartHR
JANUARY 18, 2016
General Benefits CompensationOne of the benefits that has received growing attention in the last year is unlimited vacation time. It is positioned as the “ultimate” in paid time away from work, and many of the people who have read the news articles about the plans have wondered what it would be like to implement such a plan. I’m here to tell you: avoid the hype.
Breaking the (HR) Rules: Making Friends at Work
UpstartHR
MAY 26, 2015
The development of trusting relationships is a significant emotional compensation for employees in today’s marketplace. Last week I had the pleasure of speaking at the Alabama SHRM Conference. It was a great experience, and I love taking notes from other speakers throughout the day as well. And even if I was, they were less than 1% of the company’s workforce. By being friendly.
The Problem with HR Technology Integration
UpstartHR
MARCH 22, 2016
That’s a big reason why so many organizations go with suite providers (companies that offer multiple modules–performance, compensation, learning, talent acquisition, etc.) I had the thought recently just how absurd this would be in the real world, and that was the foundation for this post. Nobody speaks to each other. How were you able to solve the problem?
Salary Negotiation: It’s Not a Zero Sum Game
UpstartHR
MAY 9, 2016
Make sure you know what to pay someone , how it fits your compensation structure internally, etc. There are some managers that truly want what’s best for you and will compensate you accordingly. It’s up to you to do some compensation coaching with your managers. The Counter Offer It’s hard to talk compensation without touching on counter offers.
The Performance Management Storm: Four Macro-Trends Driving the Change
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have evolved, the basic tenet of “rate and compensate”. development and compensation in a. 1Why Your Company Will Need to. Rethink Performance Management eGuide Part 1: The Argument. for Change 2 3About this Guide Organizations are increasingly. moving from traditional performance. management systems (organized as. an annual review process) to newer. performance development systems.
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How to Learn HR for Free: A Practical Guide
UpstartHR
FEBRUARY 23, 2015
Specifically he was trying to learn compensation when he didn’t have a background/foundation in the topic. Remember the example I started this article with of the young man looking to learn more about compensation? Payscale sells compensation data and tools to businesses. Compensation. Recently on LinkedIn I saw someone asking how to learn HR. Here’s a novel idea.
7 Reasons to Marry an #HR Pro
UpstartHR
APRIL 27, 2015
You’re going to get the insider tutorial on compensation. As I looked at my wonderful wife this week and think about our upcoming anniversary (8 years in June), I wondered about the spouses of other HR professionals around the world. Me and the love of my life–Diet Dew. Oh, and Melanie is there, too. We know what questions to ask and how everything works.
Strategic HRM (HR Carnival)
UpstartHR
JANUARY 28, 2015
Sandrine Bardot at Compensation Insider brings us a plan for how to get buy in for your compensation and benefits plan. This week I’m hosting the Strategic HCM themed HR Carnival. For those of you that might be new, the HR Carnival is a series of links to blogs around the world that are gathered together for a single post. Make sense? Are you with me? Well done, David.
Making the HR Technology Leap
UpstartHR
SEPTEMBER 30, 2015
Again, it can be an opportunity to change from very administrative (did we get that person’s dependents right?) to a more strategic focus on compensation, variable pay , and other important elements that fall through the cracks when you’re spending several hours a week reviewing pay stubs. His organization is using an awful tool that costs quite a bit of money.
The Performance Management Storm: Four Macro-Trends Driving the Change
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have evolved, the basic tenet of “rate and compensate”. development and compensation in a. 1Why Your Company Will Need to. Rethink Performance Management eGuide Part 1: The Argument. for Change 2 3About this Guide Organizations are increasingly. moving from traditional performance. management systems (organized as. an annual review process) to newer. performance development systems.
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A Day in the Life of a Human Resources Director (HRD)
UpstartHR
JULY 7, 2015
years plus pastor of 6 churches Degree/Certification: BS in PSY, Master of Divinity, Doctor of Ministry Average day: I spend half my day trying to attract and retain great employees at non-profit pay. I do the full range of HR from orientation to termination, compensation and benefits, and everything between. My assistant is also the receptionist which is a challenge! plunge a toilet?
Top 10 Conversations with Employees (Seriously)
UpstartHR
MARCH 11, 2015
That’s why we call it a compensation range , not just a compensation suggestion. Fun, happy, and crazy employees make this job awesome. absolutely love this profession, but we have some interesting challenges in front of us. On one hand, HR really wants to be strategic. On the other, we deal with unbelievable people issues. The variety really keeps us on our toes! Certainly!
#SHRM16: The ROI of Relationships
UpstartHR
JUNE 20, 2016
Someone recently reached out to me online to help her with a compensation issue within her organization. I’m blessed again this year to be attending the SHRM Annual Conference. Yesterday I spoke with a friend that I haven’t seen at a SHRM event in a while. asked him about what he was most looking forward to, and he had a quick response for me: the people. Yes, the content is good.
Can Employees Volunteer to Work for Free?
UpstartHR
AUGUST 17, 2015
” However, the Supreme Court has made it clear that the FLSA was not intended “to stamp all persons as employees who without any express or implied compensation agreement might work for their own advantage on the premises of another.” When Congress amended the FLSA in 1985, it made clear that people are allowed to volunteer their services to public agencies and their community with but one exception – public sector employers may not allow their employees to volunteer , without compensation, additional time to do the same work for which they are employed.
Leaving performance reviews behind: Where to start [Guide]
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prioritizing them over compensation and. 1Making Dynamic Performance. Development a Reality eGuide 3Introduction Does your organization want to adopt. more dynamic approach to managing. performance and developing employees? We see a stampede of organizations. moving in this direction. At the same. time, we also see that, all too often, managers in such organizations are simply. guidance.”.
Elements of High CEO Approval Ratings: An Interview with Glassdoor’s Chief Economist
UpstartHR
OCTOBER 12, 2016
Andrew and I discuss the links between CEO approval and executive compensation, what it means to be a founder versus an externally hired CEO, and what really matters to employees when it comes to rating the performance of their leaders. If you check out a company’s profile on Glassdoor , one of the first things you see is the CEO approval rating. hope you enjoy the conversation!
What if Practice Doesn’t Make You Better?
UpstartHR
AUGUST 15, 2016
Maybe you want to grow and become a specialist in compensation or a top-tier recruiter. We’ve probably all heard the axiom that 10,000 hours of practice is what it takes to be world-class at something (speaking, skiing, dancing, etc.) It requires uncomfortable, deliberate practice to get to the level of performance that leaves others in awe. Think of it like weightlifting. Not really.
Firing Employees Who Are Unproductive
UpstartHR
AUGUST 3, 2015
final written appeal won the case for the company (felt like a personal victory for me as well) and the employee had to pay all of their unemployment compensation back to the state for lying about their reason for termination. Awhile back I received an email from a reader about how to let an employee go who is not performing adequately. ” Then the real story began.
HR Compensation Challenges: Getting Managers On Board
UpstartHR
APRIL 1, 2015
Recently I asked for some help in preparing for a local session on HR compensation challenges. I had some good responses and wanted to share some of the insights and advice with everyone. I’ll be sharing two blogs on the topic: determining what to offer employees and how to get managers on board. General Benefits Compensation Management Video
Employee Compensation Challenges: Determining What to Offer
UpstartHR
MARCH 30, 2015
Recently I asked for some help in preparing for a local session on employee compensation challenges. I had some good responses and wanted to share some of the insights and advice with everyone. I’ll be sharing two blogs on the topic: determining what to offer employees and how to get managers on board. . Employee compensation challenges video. Video Benefits Compensation
The Difference Between the PHR and SPHR Exams
UpstartHR
AUGUST 8, 2016
The winter testing window is coming up with HRCI (the Human Resources Certification Institute, for you newbies), and you might be wondering what the difference is between the PHR and SPHR exams. With both of the exam pass rates hovering around 50% (54% PHR, 53% SPHR), it’s critical to make sure you understand the requirements of each and develop a proper plan for preparing.
Employee Compensation–What is Your Biggest Frustration?
UpstartHR
JANUARY 27, 2015
The post Employee Compensation–What is Your Biggest Frustration? I’m doing a short, two question survey to help me prepare for a presentation I’m doing in February. If you take 2 minutes to respond I’ll send you a copy of the slides and a video discussing the topic. Click here to complete the 2-question survey. appeared first on upstartHR. General Research
Money for Motivation: How Incentive Based Pay Works
UpstartHR
NOVEMBER 24, 2014
Last week I was talking with some folks about using compensation to drive employee behavior, and it occurred to me that I have never shared anything about that topic here. Even small companies ( I’m looking at you, Mr/Ms HR Manager of a company with less than 250 employees ) can incorporate these elements into their compensation planning without too much stress. Profit sharing.
HR Informational Interview Questions–Answered
UpstartHR
FEBRUARY 15, 2016
It depends on the position, but an HR generalist typically touches a variety of areas, such as recruiting, compensation, benefits, employee relations, training and development, and safety. The basics of HR include recruiting and staffing, managing employees, labor relations, risk management, benefits and compensation, etc. As I responded, I wondered how others would answer and what advice they would share with someone preparing to enter this amazing profession of ours. Would you pick a question and give your own answer in the comments section below? As I said I have a B.S.
How to Study for the SPHR Exam
UpstartHR
JANUARY 18, 2015
compensable factors. I like giving advice based on experience, not opinion. When people previously asked me how to study for the SPHR exam, I’ve had to give them my opinion based on what I understood. To be honest, my response was pretty accurate, but it’s now nice to actually confirm that with my own completion of the SPHR certification. Studying for the SPHR. How disappointing!
Total Compensation Definition: Understanding Compensation Communication
HRsoft
DECEMBER 16, 2015
Digging deeper, the survey also found this: 66% of respondents feel that they are not being adequately compensated and do believe that basic pay is something that drives their decision to quit or stay. What is Total Compensation? But there is so much more to the concept of compensation than mere dollars and awards. That is one in every five employees contemplating a shift.
Compensation Planning Automation
HRsoft
NOVEMBER 6, 2015
Compensation planning plays a pivotal role in ensuring that your employees remain motivated to work for your company. Your best performers are always looking for the next best company where their talents can be better recognized and compensated for. Traditional Compensation Planning. Crafting a good compensation plan is always easier said than done. Learn More.
Who Cares About Compensation?
Compensation Cafe
OCTOBER 12, 2016
What if you worked in an organization where the Head of Human Resources didn't view the Compensation function as vitally important to the organization? So What's Wrong With Compensation? For some reason these HR leaders consider the Compensation function at best a necessary distraction from the business of Human Resources. Of course I have my opinions, but it's just that.
The Objectives of Compensation Management
HRsoft
DECEMBER 21, 2015
Compensation happens to be the largest expense that an organization can directly control. Why Is Compensation Management So Complicated? With so many requirements and criteria to juggle, there is no doubt that compensation planning is a complicated area to manage. Compensation not only has to be fair, it also needs to be externally competitive.
Objectives of a Compensation Management System
HRsoft
FEBRUARY 10, 2016
Compensation was and always will be one of the biggest factors influencing employee engagement and thus retention. Not only is compensation critical to boosting employee morale it is also the largest expense in an organization that can be directly controlled. This eliminates the risk of compensation related disputes that are expensive and damaging to company reputation.
Why Your Compensation Management is Failing to Attract and Retain
ClearCompany HRM
NOVEMBER 17, 2014
Compensation – it is so tightly connected with performance management, attraction and retention. Ventana research revealed the top goals for compensation management among the companies they studied are to better align the workforce to strategy and goals while improving efficiency. Employee Retention Talent Attraction Compensation Talent Lifecylce Compensation Management
How to Update Compensation Without Performance Ratings
Reflektive
AUGUST 2, 2016
But for many companies, removing ratings puts compensation into a black box — employees don’t know how their raises and bonuses will be decided, possibly undermining the goal of removing ratings. Here are some ways you can determine compensation without annual performance ratings. Employees who decide their own compensation are more invested in their company and have higher performance, according to Lisa White, CEO of White Andreetto. Companies are advised to give best practices to managers on how to divide up compensation among their team. Click To Tweet.
Top 3 Compensation Considerations for Employers
ClearCompany HRM
JANUARY 16, 2015
Payroll is commonly the highest business expense, and compensation is far from being a cut and dry number. Compensation There are so many factors that go into calculating the actual cost of each and every employee. So, that $30,000 salary might be more in the realm of $44,000+ in total costs to the organization.
Salary, Health Benefits Top the Compensation List
The Business of Talent Management
JUNE 27, 2016
Make no mistake: When it comes to employee compensation, salary and health care still take the cake. Employers overwhelmingly rank salary and health care benefits as the areas of their compensation package that are most important to employees, according to a recent survey by Human Capital Media Advisory Group, the research arm of Talent Management magazine.
How do Compensation Planning Tools work?
HRsoft
DECEMBER 2, 2015
Compensation today has moved far beyond the mere exchange of money for talent (or time). high quality compensation plan must be able to: Make the most of each budget allocated to each department and employee. What Makes a Compensation Plan Strategic? It benchmarks employee salaries – Salary benchmarking is a critical part of a strategic compensation plan.
Choosing The Right Compensation Planning Tools
HRsoft
NOVEMBER 23, 2015
Before choosing the perfect compensation management tool, it is important to understand what should be expected from such a platform. As a matter of fact, compensation planning systems do the following: Allows HR to execute the strategies they so painstakingly brainstorm. Choosing The Best Compensation Planning Tools For Your Organization. Comp planning has come a long way.
Recruiting High Performers: Compensation Out, Compassion In
ClearCompany HRM
SEPTEMBER 21, 2015
They’re still trying to attract high performers with compensation , and this isn’t the way to go about it. Every company wants high performers. They’re more productive, highly driven, can save you money on hiring and, if you can keep them around long enough, they have the potential to do great things for your organization. What’s the key to recruiting high performers ? Compassion.
What Employees Want: The Future of Compensation
Everwise
SEPTEMBER 7, 2016
Not much new thinking has gone into the standard compensation package since the invention of the 401(k) plan , nearly 40 years ago. With the changes made by the Obama administration in healthcare and equal and overtime pay , employees can make more life choices outside the corporate compensation model than ever before. Until now. The game has changed. The new normal. Looking forward.
Taking Care of Compensation
Thought(ful) Leadership
APRIL 14, 2014
Gerry O''Neill CEO at Curo Comp The majority of companies find the annual compensation review cycle to be exhausting, manual, time consuming and with a massive administrative overhead. As I look at the rapidly evolving Talent Management (TM) market and the products now available in the market, compensation appears to be the ‘problem child’ – the last big one to be addressed.
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