What is an Employee Handbook? Simply stated, an employee handbook is a document that contains important information about your expectations from your employees and what your employees can expect from your organization. If you don’t have one, it may seem…
HR Management Matters Archives
VARIABLE COMPENSATION: PART 2
In Part 1, we introduced the idea of thinking about incentive compensation in a different way. Organizations with high performance cultures are recognizing that the most effective approach to variable compensation approach is one that embraces VALUE SHARING. These companies…
Posted in Compensation & Performance Management
U.S. SUPREME COURT DECISION
DISCLAIMER This document has been prepared by Trinity HR Consulting, Inc. (“Trinity”) solely for use as a general source of information. As such, it is not intended to take the place of obtaining advice from legal and/or tax counsel. Trinity…
Posted in HR Legal & Compliance
VARIABLE COMPENSATION: PART 1
How many of the following subjects of importance to your organization? Promoting an ownership employee mindset Building a high performance culture Business growth Creating a focus on both short and long-term results Competing for top-tier talent Employee retention Rewarding outcomes…
Posted in Compensation & Performance Management
WHAT’S YOUR COMPETITIVE ADVANTAGE, PART 3
Hopefully, Parts 1 & 2 have caused you to consider the value of creating & maintaining ORGANIZATIONAL HEALTH within your company. So here in the 3rd & final part of this series, we’ll: Identify the 4 disciplines that constitute Organizational…
Posted in Organizational & People Development
WHAT’S YOUR COMPETITIVE ADVANTAGE?, PART 2
In Part 1, we: introduced the concept of ORGANIZATIONAL HEALTH as a key competitive advantage illustrated it & a health human body are alike identified multiple advantages of a healthy organization In Part 2, we’ll look into the foundation of…
Posted in Organizational & People Development
WHAT’S YOUR COMPETITIVE ADVANTAGE?
CEOs and business owners have long known that success involves having a competitive advantage. Regardless of your industry or size, your organization needs to have a competitive advantage. What’s your competitive advantage? Historically, a competitive advantage has meant that an…
Posted in Organizational & People Development
YEAR-END: REVIEW YOUR COMPENSATION PRACTICES, PART 5
IS YOUR ORGANIZATION’S BASE PAY ON TARGET? In this final article in this five-part series, let’s go back to a fundamental at the initial compensation question. Is your base pay on target? If not, everything discussed in Parts 1 through…
Posted in Compensation & Performance Management
YEAR-END: REVIEW YOUR COMPENSATION PRACTICES, PART 4
In Part 4 of this 5 part series, let’s take a quick look at the final 3 of these important questions. 3) Should we also have a long‐term incentive plan (LTIP), and if for which employee groups? We believe that…
Posted in Compensation & Performance Management
YEAR-END: REVIEW YOUR COMPENSATION PRACTICES, PART 3
In any organization’s discussion of it, there are inevitably questions that arise about incentive compensation: Do incentive plans impact employee behavior in a positive manner? If so, what are the essentials of a short-term incentive plan (STIP)? Should we also…
Posted in Compensation & Performance Management