Compensation
-
The Shift to Engagement
.
I was reading a post on 2010 (originally attributed to Joyce Gioia, but without a link). ((Quick note to my fellow bloggers, Even though I don’t always link, I do almost always footnote. It’s a pain, but we live in an age where viral communications threaten the attribution of thought generation and innovative thinking. People…
-
Salary and Benefits are NOT Engagement Tools
.
So you’re thinking about getting married. You go out and buy a ring with a diamond in it, you figure out a romantic place to ask, and then you get down on one knee and pop the question. Somehow, she says “yes.” They key is that there are probably a large number of reasons she…
-
Market Salary Rates
.
The HR Capitalist had a post the other day about pricing candidate salaries. But as usual, I have my own opinions. Say it with me – the market rate for any candidate is the $$ amount they will accept. They’ve got info about what they are worth, you’ve got info about what they are worth. …
-
The Singularity
.
What is “the singularity?” It’s basically the Terminator movie in practice. The singularity predicts that there is a point where computers become so intelligent that they are able to self replicate, they are able to generate knowledge at a supremely faster rate than humans can, and that eventually humans become unnecessary. There are a couple…
-
Is The Cornerstone of HR Job or Performance?
.
HR is certainly changing. The trend over the last few years is that we are organizations focused on the strategic (over the administrative). This has manifested itself in numerous redesigns of the HR function for shared services, HRO/BPO, and the HR Business Partner. This has also included a shift of thinking as we are all…
-
Choosing the Right Talent Strategy to Drive Profits
.
So how much does it cost to drive up revenues by 1%? There are many possibilities including: Cost of acquiring new talent versis: Cost of developing new talent Cost of rewards versus: Cost of 1% increase in engagement So which of these has the largest actual impact to the bottom line? It’s not as if…
-
Plateauing, Multiple Career Ladders, Engaging Employees
.
Knowledge@Wharton wrote a few months ago about a “new” phenomenon within middle manager ranks. A number of men and women in middle management are increasingly reluctant to take the next step in their careers because the corporate ladder is not as appealing as it used to be, and the price to climb it is too…
-
Real Lesson From Despair.com: Discovery
.
A company that will go to the ends of the Earth for its people will find it can hire them for about 10% of the cost of Americans. ((Despair.com)) I have argued many times that there is actually nothing wrong with outsourcing and offshoring. Let’s face it, offshoring manufacturing is good for developing countries, and…
-
Myths of Employee Engagement: Part 2
.
Yesterday I posted some basic reactions to WorkUSA’s research on employee engagement and manager communications. Today, I’d like to continue with some reactions to the second half of their “key findings.” Some of you may thing “Does Dubs always have to disagree?” Well, I don’t always. But I do like to put my particular spin…
-
Analytics: Linking Silos, Linking Strategy
.
There was a question posed on the web a while back (I’m hard pressed to find it) asking what linkages were important to the performance of an HR organization. I’m equally hard pressed to think of an instance where integrated data and analytics is not critical to an organization’s overall health and direction setting activities.…
-
Engagement Insights From a Dumb Little Man
.
Hey… Dumb Little Man is the name of his website, ok? Coming from a non HR practitioner he has some great insights about retaining engaging employees. In fact, I’d be impressed if some of these ideas came from HR practitioners too. Here are some nuggets, but then go read the whole thing for yourself: I…
-
The ROI of Sales Incentives
.
Online Conversion recently referenced a great study from Northwestern University that surveyed the economic impact of $1 trillion of sales incentives annually. What does not work as well as managers hoped are non-cash incentives. The study found that: “What employees most desire might not be best for optimal business results. Employees indicate a preference for…
-
I Pretend to Work, Work Pretends to Pay Me
.
I actually saw this quote on a sign in a very touristy restaurant. Somehow, I decided that I probably wouldn’t see the situation quite the same way that the employee did. I Pretend to Work therefore Work Pretends to Pay Me The fact of the matter is that this situation is probably completely true. Because…
-
Branding, Communications, Compensation, Engagement, HR Strategy, HR Technology, Talent Mgmt, Vendors, Workforce Planning
We Have Work to Do
.
For all our lofty talk about employer branding, employee engagement, communications and change management, and for all the money we’ve been spending on implementing technology, process and workflow, we don’t seem to be tying the two together. I won’t be commenting heavily on this as I really think you should read the whitepaper of the…
-
Total Comp Integration
.
One of the beautiful things about integrated total compensation is that it’s easy to get – you can buy if from any one of hundreds of vendors. (there are probably only a few dozen who actually do it well though). I said it’s easy to get, not necessarily easy to do. Total compensation is really…
-
Performance Management to Compensation Management Integration
.
Unfortunately for most managers, technologists usually see a need to integrate performance scores with the compensation planning tools, but not much more than that. The reality is that if you are a manager, you really need more than just a score. First of all, the score has to be meaningful in some way, and second…
-
Stopping the Talent Drain
.
This site has many recurring themes, but here are 2 of the most popular: There’s a talent drain and it’s only getting worse. Compensation is no way to retain your highest performers. Obviously I was struck when I read “Stopping the Talent Drain” in Business 2.0 magazine. ((Pfeffer, Jeffrey, July 2006. “Stopping the Talent Drain.”…
-
HR Technology Functional Utilization
.
Looking at CedarCrestone (of Cedar Group fame) and their survey of HCM applications, it’s interesting to see the trends of what everyone is using, what they will be using, and how these trends debunk current myths and assumptions we (or I) may have about the marketplace. First, it’s incredibly surprising to me that training enrollment…
-
Responsibility – Part 3
.
Im realizing that I never actually defined why I called this series “responsibility.” Mostly, it was because we in HR have a responsibility to ensure that certain practices maintain the HR and employer brand. So far, we’ve talked about values and what happens when leadership hypocrasy sets in, and in part 2, about the shared…
-
Watson Wyatt – 2005 HCI study
.
Watson Wyatt – Insider again pushes out a nice article tying together the correlation between effective HR program design and financial performance. First off, here’s a nice diagram of what we’ve beem blogging about for a while: Retrieved from http://www.watsonwyatt.com on February 20, 2006.