Category Archives: Compensation Planning

Employers have myriad options when it comes to designing a compensation plan, and they must consider and how it will fit into their overall strategy for recruiting and retaining employees. This group of Compensation Daily Advisor articles will provide you with how to information on managing job evaluation, interpretation of survey data, setting of rate ranges, determining individual pay rates, and much more.

Five Trends in 2015—What’s the Forecast Say?

In yesterday’s Advisor, CareerBuilder’s annual job forecast survey predicted a sunny 2015 for jobseekers; today, the survey’s results reveal five up-and-coming trends in the comp and recruiting arenas.

SHARE THIS ARTICLE

Hiring and Comp 2015—Forecast Is Looking Sunny

According to CareerBuilder’s annual job forecast, more job openings are on the way in 2015. Over one third of employers polled are planning to hire full-time, permanent employees in the coming year—the most favorable outlook from the survey since 2006. Also on the agenda? Salary increases, including raises for minimum wage employees.

SHARE THIS ARTICLE

The Top 10 Mistakes in Compensation—Don’t Get Caught in 2015’s Perfect Storm!

In yesterday’s Advisor, experts Cassandra Faurote and Karl Ahlrichs presented some popular base pay options and how they work; today, they share the top 10 mistakes employers are making when it comes to compensation.

SHARE THIS ARTICLE

Base Pay Programs: What Works?

Pay is going to be a huge factor in attracting (and retaining) high performers in 2015. What are some of the options out there that work? Here are some ideas for revamping your comp plans from Cassandra Faurote and Karl Ahlrichs, SPHR.

SHARE THIS ARTICLE

Two Helpful Templates Simplify Succession Planning

Yesterday’s Advisor featured succession planning tips from Consultant Mary Anne Kennedy; today, two valuable templates she offers to serve as basic documents for succession planning.

SHARE THIS ARTICLE

Succession Planning: Keys to Successful Transitions and Minimum Disruption

Succession planning—it’s not a new phenomenon, says consultant Mary Anne Kennedy, but it’s critically important and often done poorly. What will you do if a key person leaves, and there is no replacement?

SHARE THIS ARTICLE

How Do You Onboard and Retain? Further Results of Our 2014 Recruiting and Retention Survey

In yesterday’s Advisor, we shared some of the findings from the 2014 Recruiting and Retention Survey. Today, we have further results from our timely study, including best practices in retention and onboarding new hires.

SHARE THIS ARTICLE

2015 Compensation Budgets—Are You Prepared?

2015 is nearly upon us, and for most companies that means reviewing their compensation budgets. Where to start? At the very beginning, says consultant J. Timothy O’Rourke. Understand the organization’s strategic needs, and know your market’s benchmarks.

SHARE THIS ARTICLE

Sorry, No Raise in 2015 (How to Deliver the Bad News)

In yesterday’s Advisor, advice on planning your 2015 compensation budget from consultant J. Timothy O’Rourke; today, O’Rourke presents a strategy for when money is tight, and what to do if your company can’t afford increases at all this year.

SHARE THIS ARTICLE

Be a ‘Soul’-ful Company

In yesterday’s Advisor, the latest in research along with tips on talent acquisition from consultant Josh Bersin; today, Bersin’s thoughts on engagement, the benefits of corporate “soul,” and The Simply Irresistible Organization®.

SHARE THIS ARTICLE

← Older posts