The other day I was trimming the landscape of several plants that had outgrown their space (in Florida everything grows, all year long) when my wife asked me, why are you cutting down those plants? They look nice and the blossoms have a sweet scent. Can't we keep them? They were ginger... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
Editor's Note: Employees often make real trade offs when they choose a nonprofit career over a corporate one. That may mean that it's more important - not less - for nonprofits to clearly articulate their value proposition, as Margaret O'Hanlon explains in this Classic post. Why... Read More
Line of sight is one of those terms that people toss off -- everyone nods sagely, and the conversation moves on. It's a shame because employees are eager to find out how their work contributes to the company's strategy. In fact, companies where employees know their line of sight do better... Read More
Editor's Note: Classic advice on becoming a well-rounded professional - good for all HR pros - from our own Chuck Csizmar. You’ve likely heard the old saying, “People trip over anthills, not mountains.’ Well, ok, so maybe I've been around the block a few times, but that’s what my... Read More
SPACs have many critical inflection points, but the De-SPAC process is truly special First a SPAC is formed and goes public. Then the SPAC finds you, a beautiful company in the rough, just bursting to experience growth and success. Then you both agree to join and beat the world. You announce your... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
On the plate today: an incentive plan design primer covering the topic of performance gates. Performance gates (also referred to as "hurdles", "tripwires", "qualifiers" and "knockouts") can play an important role in incentive plan design. When an... Read More
Compensation wisdom and a terrific quote from none other than Maya Angelou! She says: Human beings are more alike than unalike. Whether in Paris, Texas or Paris, France, we all want to have good jobs where we are needed and respected and paid just a little more than we deserve. I call this... Read More
A recent conversation about management participation in a compensation review brought to mind a client project where we made a big bet on involving managers. I was engaged to conduct a review of the company's compensation and benefits practices. Managers in one particular division had... Read More
Need more proof that carelessly designed incentives can do more harm than good? Check out Wikipedia's list of perverse incentives. Perverse incentives, by definition, are those that produce unintended negative consequences. A few laughs and some solid food for thought. A couple of my... Read More
The path to value creation, according to many in the private equity sector, is through return on invested capital (ROIC). Indeed, they tell us, the best way to create real value in a businessis by making smart capital investment decisions. This should interest us, as HR and reward professionals,... Read More