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Compensation

More Compensation Articles:

Global Compensation Considerations
The dismal worldwide economy is affecting compensation decisions, although there are some "hot spots," such as Brazil, Singapore, China and South Africa. Employers continue to focus on pay-for-performance and workforce segmentation in their rewards strategies.
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Foreign Finance Fail for Expats?
A new law that requires foreign banks to report information on their U.S. account holders may create some difficulties for expat employees. Smaller banks not wishing to accept the administrative burden may refuse to allow Americans to have bank accounts. It may also impact company payroll processes.
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The Role of Reward Systems
A recent study finds that bonuses and certain types of reward systems have little effect on long-term organizational performance. Still, most experts say reward systems are necessary, and urge HR leaders to have a hand in developing -- and communicating -- a system that's appropriate for their organizations.
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Effective Pay-for-Performance Strategies
Regardless of the diverse composition of your workforce today, a solid understanding of what triggers top-flight individual contributions is essential to developing an effective pay-for-performance strategy
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Making Pay Decisions Transparent
Federal workers have many positive things to say about their workplaces, but not about the merits of pay or promotions, according to a recent survey. While that attitude is mostly due to the tenure-based pay structure, HR leaders can also make a difference by better managing -- and making transparent -- pay and promotion decisions.
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Nitpicking Incentive Travel
With more companies struggling with smaller budgets to reward productive employees, some are restricting travel to certain locales or limiting items eligible for expense reimbursements. Such an approach may be penny-wise and pound-foolish, however.
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Earning It
A recent study finds that many corporate executives can expect modest salary increases and tougher performance goals in 2012. Experts say this development is the continuation of an ongoing trend, and signifies a greater role for HR in the design and communication of incentive plans.
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Profiting by Playing Games
Are we having fun yet? More important, are we having fun while we increase productivity or knowledge?
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Money vs. Happiness
A recent Cornell University study, supported by the National Institute on Aging, asked more than 2,600 survey participants (including 633 Cornell students) to consider scenarios involving tradeoffs between pay and reasonable work hours.
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Pay-Ratio Battle Wages On
Employers say compliance with anticipated rules from the SEC requiring organizations to provide information on the ratio of employee pay to CEO compensation will be difficult -- and possibly, extremely expensive to obtain. They also question the usefulness of such information.
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Reconsidering Worker Classifications
A new voluntary compliance program announced by the Internal Revenue Service is designed to offer amnesty for employers that have mistakenly classified independent contractors.
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Unhappy Workers
More U.S. workers are dissatisfied with their healthcare benefits and chances for promotion in 2011, than they were in 2008, according to the annual Work and Education poll by Gallup. The dissatisfaction with healthcare benefits increased 11 points in the past three years -- the biggest change registered in the poll of 489 adult workers -- followed by a 7-point increase in dissatisfaction over the potential for promotion at work.
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Want to Get Paid More? Be Disagreeable.
"Niceness -- in the form of the trait of agreeableness -- does not appear to pay."
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Asian Pay Hikes May Impact U.S. Employers
Executive pay in Asia will surpass pay in the United States by 2013, according to one study, while another finds that the cost of manufacturing overseas has increased so much that some companies are bringing work back to America.
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Variable Pay Trend to Continue in 2012
"Three percent is the new 4 percent." That's according to Ken Abosch, the compensation group leader over at Aon Hewitt, which released its pay forecast for 2012.
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Leveling Pay on a Global Scale
Multinationals are increasingly trying to use global leveling to standardize pay and facilitate talent-management strategies throughout the world. But, experts warn, it's easy for such levels to become overly cumbersome as well as bump up against some cultural issues.
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2011 Top Product Winner: Candidate Statements
See all of the winners of the Top HR and Training Products of 2011 in Ahead of the Pack .
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Talent Management Column

Over the past few decades, organizations have moved toward much greater individual accountability and away from less functional, committee-based approaches when it comes to managing projects. While these new models certainly have their advantages, they also can easily be undermined.
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