When the time of salary review approaches, most Compensation managers will start preparing by reviewing the salary ranges in their organisation. Using data from compensation providers, we look at the midpoint, minimum and maximum of our salary ranges. Do they still reflect the market ? The first consideration should be “how do we define market”…
Using averages : what real estate prices can teach Compensation pros
October 28, 2012 by Leave a Comment
A conversation with my family prompted today’s post. We were talking about average square meter prices of real estate in Limoges in the heart of France. So my mother goes : “The average price per square meter is 1,000 euros in Limoges. So we can calculate for your grandfather how much the house is worth”.…
Broad banding or narrow banding ? – part II
October 25, 2012 by Leave a Comment
Yesterday I covered broad banding for one of my readers. He wanted some feedback on whether to decide for narrow or broad banding when redesigning their pay structures. As you have read, unless in some specific situations, I am not a big fan of pure broad banding. But that does not necessarily mean that I…
Broad banding or narrow banding
October 23, 2012 by 3 Comments
A new reader asks : “One of our major priorities for HR this year is to review current pay and compare it with market pay levels. To do this, we need to analyze and come out with recommendations. Part of the challenge is whether to recommend narrow banding so our people feel their careers progressing…
A smile about referral schemes
October 21, 2012 by Leave a Comment
Ah, I love OneFte.com by Stuart Ritchie and so today I will simply share one of his recent cartoons that made me smile… and reflect on some of the referrals that we sometimes make “out of duty” for family, friends or simply through wasta…. Have a good week ! (email readers may have to click…
The challenges of emiratisation in the private vs semi-government sector
October 16, 2012 by 4 Comments
I am often asked what are the differences in the challenges related to emiratisation / nationalisation between the private and semi-governmental sectors when I speak about how Compensation & Benefits can support emiratisation at conferences. This is an important topic, as the answer will influence what rewards professionals can do in order to foster the…
