HR Management Matters Archives

SO YOU THINK YOU KNOW WHAT CONSTITUTES WORK TIME FOR PAY PURPOSES!

The typical employer answer is “employees must be paid for all hours they work.” Good news – That answer is right! Bad news – That answer is very incomplete! Here’s why that answer is very incomplete.  It needs to address

Posted in Compensation & Performance Management

AVOIDING PAY HEADACHES

No organization purposely seeks to create headaches for itself when it comes to payroll. However, this basic function is often a source of major problems, including employee relations & legal ones. ➡ Want to aggravate employees? Don’t pay them what

Posted in Compensation & Performance Management

THE BUSINESS CASE FOR ALIGNMENT

If your company is like many other small and mid-sized businesses, your employees represent your organization’s: Largest (or 2nd largest) line item expense and Your most valuable asset This means your company’s productivity and profitability depend on having your employees

Posted in Compensation & Performance Management

2015 PROJECTED PAY RAISES

For 2015, base salary increases are projected to be 3.0% across almost all industries.  The two exceptions are: The oil and gas industry projection is higher–4.0%. Hospital employees are expected to be lower—2.0%. 2015 will mark the 4th consecutive year  that

Posted in Compensation & Performance Management

IS YOUR ORGANIZATION’S PAY ON TARGET?

Do you know the answer? Are you confident that your answer is correct? The only way this very important question can be answered with a high degree of accuracy is if your organization periodically conducts a thorough market compensation analysis.

Posted in Compensation & Performance Management

How to Criticize With Tact and Diplomacy

As leaders we may choose not to use the word “criticize” and instead to substitute the word “coach” or “feedback”. However, regardless of semantics, a role that leaders cannot avoid is to point out to those who work for you

Posted in Compensation & Performance Management

INCENTIVE COMPENSATION-5 MOST COMMON MISTAKES

Incentive compensation can be a great way for an organization to incent employees to work to the best of their individual abilities and to work together collaboratively. Both of these in place greatly enhance an organization’s likelihood of achieving or

Posted in Compensation & Performance Management

What You Need to Know About 2014 Pay Increases

Recently, a study of pay increase planning for 2014 was conducted of more than 4,500 companies, with the following breakdown by # of employees. The key findings of the survey are shown below: Pay Increases in 2014 88% of all

Posted in Compensation & Performance Management

WHY DO EMPLOYEES FAIL AND WHAT ROLE DO WE AS MANAGERS PLAY IN IT?

If you have had employees under you for any substantial length of time, you have probably had someone who did not perform to the level they needed to. When this takes place, we as managers (regardless of our level or

Posted in Compensation & Performance Management