One of my first posts was about the fact that we need to move from compensation data to compensation intelligence. This is really one of my areas of interest as I believe it is one of the main ways that we can get real attention from the business – by talking the same language as…
How to get started in your new Compensation job
One day, one of my acquaintances on LinkedIn wrote to me. His company never had job descriptions and he wanted me to share some of the JDs from my team. He also asked how to get started as he was getting into his new position as Performance and Compensation Manager. Here is some of the…
How to decide how many promotions to grant each year
In a post last week, I described the best order in which to apply salary increases. Basically you start from the most general ones, and progressively you apply those that are more individual in nature. Promotional increases are among the second category, as only a minority of employees receive them each year. I got a…
The best order in which to apply salary increases in any organisation
Salary review time is approaching fast and so today I wanted to write about the order in which we apply salary increases. Does it matter ? Or is it totally irrelevant to what you are trying to achieve when going through your internal and external equity reviews ? First, let’s have a look at the…
Essential considerations for managing international careers
Today’s question is one that I answered about a year ago from one of my contacts on LinkedIn, who wanted some background information on what to think about when designing their first policy for sending employees abroad. I think there are a number of things that need to be checked when designing this kind of…
7 steps to compensation programme design – the basics
I am often asked how to go about a new plan design, or a total revamp of an existing one. How should one approach it ? Is there a methodology ? In my mind there are 7 basic steps to take in order to design a good plan in Compensation & Benefits. They apply whether…