Editor's Note: Part of our job, if we do it well, is to remove uncertainty and ambiguity from rewards where it can and should be done (and correctly discerning where this is true). Dan Walter examines this in today's Classic post. Have you ever been asked by an executive or... Read More
Compensation Café"Serving up straight talk, original thinking and caffeinated discussion on everything compensation"
Editor's Note: Recent research on early-onset Alzheimer's and what my mom's own dementia journey taught me about work. Let's file this one under the category of total rewards. I think it touches every element of the reward portfolio and speaks to the core of the employment... Read More
Editor's Note: We all have our "best way to fix a compensation problem" biases. We work better (and produce better results) when we are aware of them. It's called the law of the instrument. The concept is said to have originated with philosopher Abraham Kaplan, who said... Read More
Editor's Note: Stephanie Thomas provides us with a Classic primer to guide us in our review and incorporation of economic forecasts into our work in designing and administering rewards. In a recent post, my Café colleague Margaret O'Hanlon made a strong argument about understanding... Read More
Gig platforms are everywhere now. If you need something done, whether it’s a simple microtask or a complete overhaul of your marketing strategy, chances are there’s a gig worker on a platform somewhere that can do it for you. Gig workers aren’t just for small start-ups anymore. In a recent... Read More
Compensation Force"Practical news, information, tips and musings about employee performance and compensation"
Article after article tells us that we should halt our use of incentives because people aren't motivated by money. Or because they are motivated by money, but to do the wrong things. I can't help feeling that many of them are missing the point. Many of the incentive... Read More
Humor is a powerful tool. Wielded well (particularly in a self-deprecating manner), it can help defuse tension, build rapport and boost morale. But who would have guessed it had particular application to salary management? Apparently a good joke can pay off. In simulations conducted by Todd... Read More
Is there a clear place and purpose for ambiguity in rewards? In a Board level conversation once, I found myself part of a debate about the need for clarity in executive rewards. On the one hand, I had a chief executive expressing a preference for a more structured and clearly communicated... Read More
Recent research by global consulting firm McKinsey & Company suggests that employers do not fully understand why employees are leaving. As their article Great Attrition or Great Attraction? The Choice is Yours notes: Companies are struggling to address the problem, and many will continue to... Read More
If we truly want our work to have impact as compensation and HR professionals, one of the area many of us could stand to improve is our willingness to give the gift of attentive listening to those who seek our help. In considering some of the listening lessons my own work experience has taught... Read More