Like every month, here are some of the best or most relevant Compensation & Benefits, performance management, HR and/or global mobility articles that I came across recently :
- This TLNT article compares performance management to (american) football. It reminded me of my post on Formula One. Sports in general, and competition sports especially, are a good way to convey concepts of performance management.
- In HR Zone, Derek Irvine covers a real-life example of how crowdsourcing employee performance or “crowd wisdom” can provide better performance management in the organisation
- Ann Bares explains why stretch goals, while good in intention, can become dangerous if they are not executed properly
- Jon Ingham describes how Compensation & Benefits is linked to all other aspects of HR including Learning and Development – he actually contributed a chapter to a book on Integrated Talent Management covering this exact same topic
- This post onTLNT gives more details on why we should reward the process as well as the results
- This post from John Sumser at HR Examiner gives a good glimpse at what the future could look like in HR from the standpoint of the developments that HR big data analytics can bring to companies. The use of Equifax data (an insurance and credit company) by Talx (a payroll and HR administration organisation servicing the US) entails potential new services. Worth reading to grasp upcoming changes !
- I discovered Cross border employer by chance. It is written by a US law firm specialising in international employment law. The blog regularly hosts overviews of labour law in various countries and is a good resource for first contact with some specific countries.
- Some good advice from Alison Green’s Ask a Manager on how to react when you receive a bonus (unexpected, from your boss for good performance)
- And in this piece from Bloomberg BusinessWeek, you will see through real-life, recent examples, how executive pay can be biased through peer comparison choices. How to get a pay raise (if you’re a CEO) is a plain language piece that you can use to explain some concepts to your management even when analysing survey results for your whole organisation.
For those of you who are interested in GCC and MENA articles, here are some regional pieces :
- Saudi, Oman and UAE countries with most recruitments in 2012
- … with a special article for recruitments in the UAE
- The Bayt report on salaries in the GCC was published recently
- An overview of proposed benefits for citizens in the private sector in Oman, in order to increase nationalisation:
- A new ruling in Dubai : if a work contract violates the law in favour of the employee, then the company has to abide by it. It seems the UAE is moving towards recognising some rights of employees in a fashion similar to the western countries…
- The FNC discusses social security with the UAE government:
- … and in this related article, you will find further statistics :
- … while this article describes some of the challenges of providing social benefits to the UAE citizens
- Dubai Taxi sets up a social fund for its 3,500+ drivers. It will provide interest-free loans, life insurance, medical treatment covered up to AED 1,000 and some form of termination payment when the job is lost for health reasons. I have to applaud this initiative – even if a lot of the taxi drivers were not aware of this fund on the day it was announced.
- And the UAE is starting to realise that health screening is necessary in the country as it helps contain long-term costs even if there is a short-term increase in the cost of health insurance for expats.
- In Bahrain, new retirement benefits are announced.
- This article on the IMF’s warning to Kuwait (“cut spending or you may not have oil-related savings by 2017”) also includes statistics and facts about the demographics and retirement system there.
- Meanwhile, another article examines how nepotism in the GCC is hindering growth and development in our region. The article focuses on Kuwait but many are starting to see the limits of the “wasta” in the whole area.
Best of the rest
This post is not about HR or C&B. It is hosted by a quite vocal internet marketer who specialises in the psychology of selling as the basis for online marketing. You can skip the video, but don’t miss the audio as it is a great conversation ! Derek Halpern of Social Triggers interviewed Dan Ariely, the renowned author of Predictably Irrational and The upside of Irrationality, on why people buy what they can get for free. They talk about other things such as how people over-value anything they have invested work and effort in, trust and revenge, and many other things. 40 minutes well spent ! You can also download it from iTunes and listen to it on your way to work…
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