For 2021, the key priority for many organizations will be ensuring bonus costs are strongly correlated with financial results. … More Smart Incentives for 2021
Under a salary freeze? Ten tips for thawing your freeze effectively. … More How to Thaw a Salary Freeze
This is the fourth and final (?) installment in my series on Total Reward Strategy. Good thing I procrastinated long enough to gain my best tips on when to change your strategy. You see, this damn pandemic is teaching us that reward strategy should be reevaluated when there is a significant change in external factors, … More When to Change Your Total Reward Strategy
2020 will be the year we moved from global mobility to talent mobility. … More Reward Considerations for Business Crisis #5: Talent Mobility
During a financial crisis, get your variable pay right. … More Reward Considerations for Business Crisis #4: Variable Pay
Vision is an indispensable part of supervision, right? To supervise, you must have your workers within eyesight. So says conventional management. I think it’s time to retire the term supervision, and replace it with management which is the essence of planning, controlling, directing, measuring and rewarding work. While prisoners working on a chain gang fixing … More Reward Considerations for Business Crisis #3: Workplace Flexibility
Freeze salaries or take other pay actions to help your company weather this crisis. … More Reward Considerations for Business Crisis: #2 – Base Pay
Be smart about the way you cut people costs. … More Reward Considerations for Business Crisis: #1-Smart Sales Compensation
A total reward strategy is a plan to align rewards to support specific business and talent objectives. … More What’s in a Total Reward Strategy?
Employers need a total reward strategy. Without a strategy, you may have a rewards tragedy. … More Why Do Employers Need a Total Rewards Strategy?