Thought for the Day
Do you agree with this? “Pay people well. Pay people fairly. Then do everything in your power to get people to not think about pay.” –Alfie Kohn
Do you agree with this? “Pay people well. Pay people fairly. Then do everything in your power to get people to not think about pay.” –Alfie Kohn
I speak with hundreds of HR/C&B practitioners each year. What amazes me is how often our organisations rely on just a few rewards tools to attract and retain talent. Each profession has its own “tools of the trade”, and we in the rewards profession should be mindful of the many tools at our disposal. Yet, … More What’s in Your Rewards Toolkit? (updated)
SeptemBER already! The last few months you’ve made progress on your KPI’s but now planning season is upon you. When the months start to end in “-ber” a few things start to happen for companies on a calendar year fiscal year. They may not all apply, but I’ll bet most of these priorities apply to … More The month ends in ‘ber! Seven priorities for rewards leaders
Are you confident your expatriate allowances are right? Are you sure your allowances are neither too costly, nor insufficient for the needs of your mobile talent? Can you explain and defend them to your expatriates and their managers? More than 90% of companies provide their expatriates one or more allowances for long-term international assignments, including: … More Are your Expatriate Allowances Right? (part 1)
I’m pumped. In January, I launchd my consulting business, Freelance Total Rewards, including this blogsite where I share ideas and information to help people like you do thier jobs better in the areas of compensation, benefits and talent mobility. Yesterday, I reached a milestone: there have been one thousand hits (spelling it out makes the number … More 1,000 Hits!
The Singapore Government recently announced 2013 budget initiatives aimed at improving the lives of Singaporeans, especially those with lower incomes. A key feature is the Wage Credit Scheme, under which the Government will cover the cost of 40% of pay raises given during 2013, 2014 and 2015, for Singaporeans making up to $4,000 per month. This scheme offers free money … More How to Exploit Singapore’s New Wage Credit Scheme
The term “total rewards” is still foreign to many compensation & benefits professionals. We all have a vague sense of its meaning, but the concept has not impacted the way we do our jobs. This, I believe is due to the way HR is organized, and to a lack of understanding of the concept in … More Why a Total Rewards Approach is Crucial