I see many companies continuing to be very secretive about compensation information. I’m not talking about actual compensation figures for an individual—that of course is private and should be protected. What I am referring [...]
Cost of Living Increases: The Dinosaurs of Pay Practices?
September 20, 2010 By Leave a Comment
A recent WorldatWork study reported that only 11% of US employers say that they award cost-of-living adjustments (COLAs) to employees. A COLA refers to an across-the-board wage increase to bring pay in line with [...]
They Just Thought of This Now?
August 27, 2010 By Leave a Comment
A recent Hewitt Associates study shows that more companies are raising the value of their long-term incentives to executives but—lo and behold—an increasing number of companies are also tying [...]
“Carrots Dressed As Sticks”
June 18, 2010 By Leave a Comment
Sometimes we think we know what motivates employees. Sometimes we are right. Sometimes we are dead wrong. For an interesting look on this fascinating subject, a recent edition of The Economist (January 16, [...]
Five Steps to Effectively Recognizing Employees
April 11, 2010 By Leave a Comment
Today’s organizations have a problem. They realize that an effective compensation and benefits program is an essential element in attracting and retaining the talented staff they need. However, this goal is getting more difficult [...]