You have to manage one or more Compensation & Benefits projects and want to achieve success as they form part of your objectives for the year. Before you rush into implementation mode, here are 5 fundamental traps to avoid : 1 – Lack of executive buy-in All projects require a clear sponsor. This is especially…
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…
Compensation aspects of HR trends for 2012
Future Insights is a recently published report looking into “the top trends for 2012 according to SHRM’s HR subject matter expert panels”. Even though SHRM, the Society for Human Resource Management, is an HR trade association based mostly in the USA, I found some of the trends to be interesting also at an international level.…
GCC Nationals pay: a lesson from the Y2K bug
Remember the big scare of the so-called “Y2K bug” ? Back at the end of the Nineties, the world started to realise that a lot of computer programs had been written with dates expressed “55” or “87” instead of “1955” and “1987”. As year 2000 was approaching fast and therefore dates would become “00” ie…
Remuneration, engagement and the GCC employee
Recent reports have drawn attention to the fact that remuneration is not the main motivator for GCC-based employees. The Qudrat TM Research results were recently released by Aon Hewitt and highlight that National Qataris are the most highly engaged local Nationals in the GCC, irrespective of their gender. Regarding issues often mentioned by companies regarding…