Responding to Employees’ Online Comp Data
Experts Terry Pasteris and Mark Lipis have an answer, but first, the rest of their focal points for 2012 from yesterday’s Advisor. (Pasteris is president of TLMP Consulting Group and Lipis is owner of...
View ArticleIs 3% Merit the ‘New Normal’?
Salary Increase Budget Surveys Most employers are working with 3 percent for merit, as shown by this chart taken from a recent WorldatWork survey, says Pasteris. (Pasteris, president of TLMP Consulting...
View Article10 Bad Employer Habits for Your Compensation Strategy
10 Bad Habits for Your Compensation Strategy Ten bad compensation habits to avoid: The "peanut butter" approach. Avoid always spreading money evenly across employees. "Keeping your top employees and...
View ArticleKeeping Your Best Employees: Using Compensation Strategy to Your Advantage
Keeping Your Best Employees: Using Compensation Strategy to Nurture the Keepers In today's market, even if you're not making changes yet, your competitors are already hiring, promoting, providing...
View ArticleBasics of Compensation Metrics
“What are compensation metrics? Basically, when we talk about a metric, we’re talking about a measurement. We’re talking about a statistic or a measurement that is intended to assess value and...
View ArticleHow Is Compa-Ratio Used in Employee Compensation?
Do you use compa-ratios to check to see if your employee pay is meeting your organization’s compensation goals? What is a Compa-Ratio? For those of us just getting started with compensation metrics,...
View ArticleGreen Circle Means Danger, Red Is Just Expensive
Red Circle employees indicate you are spending too much on compensation relative to the value of the jobs, says consultant Terry Pasteris, CCP, GRP, but Green Circles may set you up for a lawsuit....
View ArticleIncentive Schemes May Mean Transparency of Data
An incentive program can be a great way to motivate employees and help the organization achieve their goals. But it doesn’t come without potential pitfalls. For example, tying an incentive to reaching...
View Article
More Pages to Explore .....