April has seen a huge production of excellent posts, maybe it’s the spring effect:-) – so be prepared for a long list of great reading ! 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: In Where’s…
The Netflix Employee Value Proposition
When I was preparing for my previous post on Netflix, my attention was drawn to a small part of Reed Hastings’ interview. He said : “We care about great work. This requires thoughtful, mature high-performance employees.” (emphasis is mine). So I went on a path of discovery to try and find more information about the…
Don’t like handcuffs ? Join Netflix !
Reed Hastings is the co-founder and CEO of Netflix, which provides live streaming TV and video shows from the internet on a monthly subscription basis in the USA, Canada, UK and Ireland. A great concept and one that led to the ultimate doom of the local video/DVD rental business (think Blockbusters). In How to set…
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…
The shelf life of compensation plans
One of my friends contacted me recently, complaining that the Sales Incentive Plan that his company introduced a little over 4 years ago, does not seem to “work” any longer.The Sales people are not motivated, results are down and employees are complaining about how their incentive is structured. He even says that it is whispered…