Today’s reader query is suggested by a question asked by a LinkedIn member, who wanted to know : “What indicators are important in your company planning (changing, reviewing) pay policy for next year ?”. Just like for any other year, I suggest going through a four-step approach : 1 – Is my pay policy still…
Why every word counts in Compensation & Benefits
September 11, 2011 by 4 Comments
Well, we work in HR. It’s a well-known fact that people in the Human Capital function need to be VERY careful with the words we use… in writing but also when speaking, whether in one-on-one or one-to-many circumstances. After all, we have access to a lot of confidential and sometimes private information. Employees and managers…
Compensation surveys – the ultimate buyer checklist
September 6, 2011 by 2 Comments
Maybe you are expanding into a new country, or you need complementary information on top of the one you already possess in your markets. So you are considering participating to a compensation survey. Beyond the price and reputation of the provider of compensation data, here is a checklist, in no particular order, of what you…
What happens when an employee moves from Sales to non Sales ?
August 30, 2011 by 2 Comments
“Confused HR” asks : “What is the guideline for employees who are in Sales Incentive Plan but accepted a new role which is not SIP-eligible ? From my point of view, it makes no sense to move them into the regular bonus scheme after all the efforts we have done to convince them to go…
Why I love Comp
August 29, 2011 by 16 Comments
How do I define Compensation & Benefits ? It’s the art of knowing how much and what to give an employee in exchange for his/her work : the base salary, bonus and performance management system, perks, stock-options and long-term incentives, recognition schemes, sales incentives, and benefits such as pension or healthcare… and that’s “just” the…
