RSS icon

Top Stories

Compensation Design and Communication

Dear Workforce How Do We Tighten Our Salary Bands?

September 7, 2011
Comments (0)
Our company has put a new five-band salary structure in place, but it's already causing worries for our executives. We have some longtime employees–those with at least 15 years' experience–who are underpaid, so the plan is to boost their pay to competitive market levels. As we do so, however, we're faced with hiring new employees for those same jobs at the higher salaries–even though they don't have the years of experience with us. Short of redoing the salary structure again, what are our options for handling this thorny situation?
Read More

Dear Workforce How Do We Explain Wide Differences in Pay

September 7, 2011
Comments (0)
How do we manage a disparity in pay levels? We are raising pay rates for employees to be more in line with our competitors. However, this hasn’t eased our recruiting difficulties very much. In addition, management is considering raising pay yet again for new recruits, but we are understandably concerned that such a move would make pay for new workers nearly equal to employees with two to three years of experience. This would also affect the pay of people with even longer tenure. Obviously, whatever we decide will affect both our retention of high performers and our recruitment of top talent. We don’t want to get hung up on this issue, but feel caught in the middle. Is there a way out that satisfies all sides?
Read More

Dear Workforce What Areas Could Be Easily Measured in a Pay-for-Performance Structure For HR Managers

September 7, 2011
Comments (0)
Performance measurement and process improvement must go hand in hand for any organization intent upon creating competitive advantage.
Read More

Sodexo Optimas Award Winner for Service

September 7, 2011
Comments (0)
The food and facilities giant improves hiring speed and quality by building a “recruitment culture” that makes talent scouts of all of its employees.
Read More

American Express Optimas Award Winner for Competitive Advantage

September 7, 2011
Comments (0)
To ensure it retains the cream of its call center crop, the company keeps key people engaged with a plan that offers career development and flexibility.
Read More

Bias Against Jobless Is Bad for Business

August 22, 2011
Comments (0)

Rabbis Demand Back Pay for Cheese Workers

August 3, 2011
Comments (0)
A Michael Moore-style demand for a meeting with executives is rejected as an Orthodox social-justice organization seeks unpaid overtime for employees of a kosher cheese-maker.
Read More

Most Companies Moderately Concerned About Comparing Pay, Performance

July 29, 2011
Comments (0)
The SEC plans to propose and finalize implementation rules for the Dodd-Frank act's provision on executive pay and corporate performance sometime between August and December, although there is no indication they would take effect for the 2012 proxy season.
Read More

Chrysler wont hike exec pay indiscriminately as U.S. caps end, CEO says

July 27, 2011
Comments (0)
The Detroit automaker was restricted from paying executives more than $500,000 as part of a 2009 rescue package financed by the U.S. Department of Treasury’s Troubled Asset Relief fund. General Motors remains under similar restrictions as part of its government rescue.
Read More