Equity theory and the design of your incentive scheme

As part of the 16th annual Compensation & Benefits Forum organised by IIRME last month, I delivered a one-day workshop on how do design a recognition and retention scheme. I mention a few motivation strategies at the outset of the workshop. The equity theory in particular holds my attention. What is equity theory ? The…

Spoilt by choice

We’re getting to the end of the week. It’s summer and the temperatures are rising…. Humidity is not helping, well, at least in Abu Dhabi… So let me be nice and offer you a bit of respite with this not-so-far-from-reality cartoon from OneFTE.com. I’m sure all HR and Compensation professionals have been faced with this…

You need both head and hands – a Compensation example

Back in 1996-98, I was working at the France HQ of Philips Consumer Products, supporting the HR managers of our factories with labour law issues and updates in France, participating to compensation surveys and generally dealing with Industrial Relations and pay and benefits discussions with the trade unions and French and European Works Councils. Background At the…

A good graph is worth a thousand words

One of my favourite blogs is Storytelling with data. Cole Nussbaumer from the People Analytics team at Google does a great job of explaining how we present data in a graphical manner can underline and reinforce our message. With time, I have started doing more presentations for Boards and other top executives, as well as…

Reader Question – What drives employee discretionary effort ?

About 2 years ago, in Milan, I delivered a presentation on Linking performance management and pay-for-performance to an audience of Compensation & Benefits Managers and HR Directors. And every now and then, someone who has a copy of this presentation asks me to explain one specific slide. It is a very short overview of some…

Debrief on the 16th IIRME Compensation & Benefits Forum – Day Two

In my last post I covered Day One of the 16th Annual Compensation & Benefits Forum organised by IIRME in Dubai. It’s time to cover the second day of the conference, which was just as good as Day One. The day started with Jonathan Budden from Microsoft who detailed what makes a company a Great…

Debrief on the 16th IIRME Compensation & Benefits Forum – Day One

So… Two weeks ago I was at the 16th Annual Compensation & Benefits Forum organised by IIRME in Dubai. First of all, kudos to Ramy Bayyour for organising a great event with quality speakers and an engaged audience. For this session, there was a nice mix of practitioners and consultants speaking. The event was chaired…