It’s late March, and every C&B manager is performing their sacred duty right now: making sure hundreds, thousands, maybe tens of thousands of employees are considered for a raise, and hopefully a bonus. So busy lah! Yes, but I don’t want to talk about us. I want to focus on the one with the most … More AI, MBSO, Reward Cycle… whatever you call it, it’s Salary Review time!
In my recent reflection on 2016, the first good sign I listed was our ongoing development as a profession, referring to those of us in the global total rewards (comp & benefits or global mobility) profession. We are advancing in our credentials, our practices, and most of all, the way we think. Let me elaborate. … More We are Getting Better
The mission of Freelance Total Rewards is to advance effective total rewards and mobility practices in Asia. Let me share how we, as a profession, have advanced in 2016, from my direct observation. Based on hundreds of interactions with clients, consultants, students and various HR and rewards practitioners, I have seen the following developments in 2016. … More Global Total Rewards—2016 Review
Managers are paid to manage. HR exists to help managers manage. Performance management was not invented by managers, but by HR to help managers 1) manage out weak performers, and 2) allocate rewards. Rating systems that drive rewards have a life of their own and undermine core manager responsibilities and skills. We spoonfeed managers with “good pay decisions” instead of allowing them to make their own decisions and learn from their consequences. … More Goodbye, pay for performance. Hello, real management.
Companies are joining 21st Century’s RewardOnline compensation survey for Singapore. SMEs, MNC regional offices and others are joining Singapore’s newest salary survey in many years. The 21st Century RewardOnline survey is an established survey in Africa, and has now entered Asia, and customised entirely for Singapore as the first priority Asia market: over 1,000 standard benchmark … More RewardOnline Singapore is now live!
If you want to understand why General Electric, Microsoft, Apple, Adobe and others have stopped using performance ratings, and hear a panel of respected Singaporean rewards leaders explain their preferences for or against ratings, come join us Monday evening, 11 April at Royal Plaza on Scotts. Event details and registration are in the previous post on this … More Hmmm… Ratings or No Ratings?
Freelance Total Rewards is happy to announce a public networking event for C&B/HR practitioners with a panel discussion on the topic of “Rewards Without Ratings…Really?” to be held in Singapore, evening of Monday, 11 April at Royal Plaza on Scotts, in a beautiful poolside venue. The event is intended for compensation & benefits managers and professionals … More Rewards Without Ratings…Really? Event Invitation
“It’s easier to ask for forgiveness than to ask for permission” the saying goes. You’re in charge of compensation & benefits for a country, for a region, or for the entire company and you want to be effective in your job which requires a balancing act: building trust and customer focus, yet ensuring control and … More Global vs. Local—striking the right balance
A friend and former colleague from 25 years ago just sent me this message: “I have been appointed to lead a newly created Compensation and Benefits function. I am reaching out to ask your perspective–what would you do if you were placed in a department start up role like this?” So for the benefit of … More How to Set up a Comp & Ben Function
In recent conversation I have heard talk from friends with a couple of the “big firms” recently that there is a growing fear the salary survey business may be fighting for survival soon. Seems there is a belief that LinkedIn or other social media will jump into the game and facilitate sharing and benchmarking of … More Bar soap, fax machines and… salary surveys?