I recently described how to calculate a percentile. Today I will clarify the difference between the average and the median. Technically, the average is the sum of all data points, divided by the number of data points. The median is the 50th percentile, or the value that splits the data points in two equal groups…
Socialize your Compensation & Benefits annual business plan
December 8, 2011 by Leave a Comment
So the time has come to socialise your brilliant Compensation & Benefits annual business plan. You spent hours gathering and integrating feedback from your internal clients, thinking about the company strategy and how your team can help accelerate the organisation’s vision and objectives, and putting together a detailed program inclusive of organisation chart, resources needed…
A methodology to define which roles qualify as “Executive”
December 6, 2011 by Leave a Comment
In today’s Reader Question, a while ago, one of my former colleagues reached out as he was about to embark on a new project : “I’ve moved on to a technology company from manufacturing and enjoying the challenge. Just curious if you have an example of criteria for defining Director or VP roles within any…
To do peer ranking or not to do peer ranking..?
December 4, 2011 by 5 Comments
A recent post from Lance Haun at TLNT covered the results from a survey performed by a corporate networking organisation called ic4p. Titled “As Pay-for-Performance goes up, forced ranking is going down“, in this article Haun makes a good analysis of why the reasons for implementing pay-for-performance matter and make a difference between high performing…
4 skills to master for influential Compensation and Benefits
November 27, 2011 by 4 Comments
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…
A thought about what you really value in your organisation
November 24, 2011 by Leave a Comment
As we head into year-end appraisals… and the week-end, this cartoon from great “corporate life” blog OneFte.com will be all for today. Think about what you really value in your organisation, and enjoy your week-end !
