When the time of salary review approaches, most Compensation managers will start preparing by reviewing the salary ranges in their organisation. Using data from compensation providers, we look at the midpoint, minimum and maximum of our salary ranges. Do they still reflect the market ? The first consideration should be “how do we define market”…
How do you communicate the value of your compensation plan?
September 20, 2012 by 4 Comments
Let’s imagine that you have a retention issue at your organisation. It started around 9 months ago, and you are seeing a growing trend in resignations from employees in a certain job family. We all know that resignations cost a lot of money to the organisation, and even more so when “good” employees leave. So…
It’s easy, Sandrine !
September 4, 2012 by 1 Comment
Don’t you hate the managers who think they know more about Compensation & Benefits than you do ? They mean well, but this drives me crazy. “I had the exact same situation at my previous company”, they say to me, and proceed to explain “So let me tell you what to do : you need…
Should we pay the same at Corporate and in the Operating Companies ?
July 17, 2012 by 3 Comments
I often get the following question : “Should pay at our corporate headquarters be different from pay in our operating companies / in our Divisions ?” My answer is always the same : “It depends”. I know, I know, this is a bit frustrating. So let me expand a little. I have written in the…
Spoilt by choice
July 12, 2012 by Leave a Comment
We’re getting to the end of the week. It’s summer and the temperatures are rising…. Humidity is not helping, well, at least in Abu Dhabi… So let me be nice and offer you a bit of respite with this not-so-far-from-reality cartoon from OneFTE.com. I’m sure all HR and Compensation professionals have been faced with this…
You need both head and hands – a Compensation example
July 10, 2012 by 2 Comments
Back in 1996-98, I was working at the France HQ of Philips Consumer Products, supporting the HR managers of our factories with labour law issues and updates in France, participating to compensation surveys and generally dealing with Industrial Relations and pay and benefits discussions with the trade unions and French and European Works Councils. Background At the…
The pros and cons of keeping compensation information confidential
May 17, 2012 by 4 Comments
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…
