For this episode of Sunday Skills, I wanted to explain some statistical concepts used by many compensation consultants when they produce compensation analyses for their clients.Very often, the results are presented “raw”, with a nice graph and a R2 or R-square value (or a series of values) mentioned on the side. But many HR Generalists,…
Compensation generalist or Compensation specialist ?
Did you ever think that Compensation & Benefits can be a generalist role, not necessarily a specialist one ? Of course, in the GCC most companies don’t have a massive HR team, and even having one C&B person on board is not always a given. Often, mid-size companies have an HR Generalist or the HR…
What are the benefits of a good Performance Management System ?
You are trying to convince Top Management to redesign the Performance Management System at your organisation, because the existing one is not producing the desired results and has lost its shine internally.What are the benefits of a good Performance Management System ? Here are some of the positive outcomes you can describe to the…
The limits of Emiratisation quotas
Your company has set some ambitious targets around emiratisation / nationalisation. You’ve been a good Compensation manager. You have integrated Emiratisation into the bonus calculations for your organisation. The idea was : “If it’s in their objectives, then the Directors will focus on it”. So you sat with the HR Director and the CFO and…
Is pay the main component of employee engagement at Fortune 100 Best Places to Work For ?
Last week, Fortune published its famed annual ranking of 100 Best Places to Work For with this introductory comment : “Fat paychecks, sweet perks, fun colleagues, and over 70,000 jobs ready to be filled — these employers offer dream workplaces. Like Google, which reclaims the top spot this year to become a three-time champion.” Here…