Tag: compensation

Goodbye, pay for performance. Hello, real management.

27 June, 2016

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.

RewardOnline Singapore is now live!

16 May, 2016

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!

Rewards Without Ratings…Really? Event Invitation

23 March, 2016

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

Top 7 Risks When Building a Grade Structure

30 November, 2015

Good judgment comes from experience. Experience comes from bad judgment. –unknown Are you building or implementing a new grading structure at your company? You have an opportunity to improve fairness, consistency and “internal equity” as we rewards people say. A well-designed and managed level structure helps ensure “world peace” in our organisations. You have an opportunity to … More Top 7 Risks When Building a Grade Structure

International Crucible Assignments

5 April, 2015

On 1 April, Dr. Mark Bussin, Chairman of 21st Century Pay Solutions Group, based in Johannesburg, South Africa, and author of the recently published textbook Expatriate Compensation, was a featured presenter at a unique event on Expatriate Compensation, sponsored by Freelance Total Rewards. (See the event page for more.) During his presentation, Dr. Bussin explained … More International Crucible Assignments

Are your managers making good pay decisions?

21 January, 2015

Be honest. Of all your managers, how many are actually good at making pay decisions? Are you hand-holding your managers with Salary Increase Guidelines, compa-ratio guidelines, and rigid rules about when and how salary adjustments can be made? In this tightly controlled approach, is it even possible for managers to learn to think about market … More Are your managers making good pay decisions?

Meeting Needs: Connecting Total Rewards and Servant Leadership

19 May, 2014

Robert K. Greenleaf, visionary and author of Servant Leadership: A Journey into the Nature of Legitimate Greatness and Power, said: The servant-leader is servant first… It begins with the natural feeling that one wants to serve, to serve first. Then conscious choice brings one to aspire to lead. That person is sharply different from the … More Meeting Needs: Connecting Total Rewards and Servant Leadership