In Trinity’s December HRMM article we provided our views on the first 6 of the 15 questions from our November HRMM article. These 15 questions are ones that your organization’s senior leadership team should periodically review about its compensation strategy…

In our November HRMM article we offered fifteen questions that your organization’s senior leadership team should periodically review about its compensation strategy and the related plans, policies and practices. In this month’s article, we’ll discuss Trinity’s beliefs about the first…

For those of you finalizing 2019 year-end/2020 pay increases and bonuses, this article is definitely for you. Performance-based pay increases are projected to be 3.2 to 3.3%. This is up only slightly from last year’s 3.1%. However, when looking at…

This is the time of the year that most organizations have completed or are in the midst of doing their business’ strategic planning process.  One of the aspects of this process that is often overlooked is the following question:  …

In Part 1, we looked at: Pay increase projection for 2018 year-end/2019 Pay increase guidelines by performance level Reviewing internal equity The role of the market place In Part 2, we addressed the importance of pay data related to the…

In Part 1, we looked at: Pay increase projection for 2018 year-end/2019 Pay increase guidelines by performance level Reviewing internal equity The role of the market place Here in part 2, we’ll further unpack the importance of pay data related…

PAY INCREASE PROJECTIONS Despite the labor shortage caused by an umployment rate of under 4%, U.S. companies are projecting 2018 year-end/2019 pay increases to remain at about the same level they’ve been since 2014. The overall average points to pay…

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…

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…

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…