A lot of companies, especially in the Middle East, like to keep a lot of compensation information strictly confidential. The kind of compensation information which may not be shared : Salary ranges (and sometimes allowances) are not communicated, sometimes even to HR Business Partners or recruiters Incentive rules are not explained, either in writing or…
What is the difference between a bonus and an incentive ?
A quick post today, on the difference between a bonus and an incentive. We often use these two terms without making a true distinction, but in truth, they are slightly different. Both of them cover elements of compensation that go above and beyond the normal, recurring income of the employee (base pay or basic +…
A double celebration
Today is special for 2 reasons : first, it’s my birthday and I have actually taken the day off. I’m treating myself to a long week-end in Dubai at the Raffles hotel, and intend to fully enjoy their exceptional spa treatments 🙂 … And second, this my 100th blog post. A big milestone ! When I started…
Spring cleaning : 4 tips to declutter your work
I always feel that when my environment is clear, my thoughts are clearer too. So here are 4 quick tips to help you spring-clean your work environment. 1 – Recurring Compensation & Benefits pain points : create a solution. Design a process, draft a policy or simply create a standard reply email or a cheat…
The 3 final steps to your bonus calculations
It’s bonus time and you have prepared all your calculations as per the rules laid out. Before going to your CEO to show her the numbers, go through this checklist to ensure you have covered most angles and provide value to the discussion. Check the eligibility list one last time. Who are your new joiners…