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Compensation Design and Communication

Honeywell How Pay Launched Performance

September 1, 1996
Honeywell's Commercial Avionics Division charged a group of employees to align compensation with business goals. The team's decision to link workers' pay to division profitability got better buy-in because it was employee-driven. It also got results.
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Need a Change Jump on the Banding Wagon

January 1, 1994
Not just the latest buzzword or a trendy compensation strategy, banding can speed up a company's reaction time, encourage employees' sense of teamwork and allow experimentation in pay. Yet it is not right for all companies, nor is it a quick-fix solution.
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AAL Uses Varied Approach To Compensate Teams

June 1, 1993
AAL revamps their compensation program to include four main elements which will challenge employees to see the whole job, rather then just the piece they performed individually, and to increase additional employee learning to help teams find ways to boost overall performance.
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Managers Make Pay Decisions Through Job Families Structure

June 1, 1993
By grouping major skills and competencies into a broad family structure, Aetna Life is able to define work by the actual functions performed. Then by looking at the market prices that work, that information is given to the managers so that they can make pay decisions based on an individual's performance.
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