Posts in HR consulting services
Winning the Compensation Triathlon

Being locked up at home for the past nine months has given me the time to watch some videos that wouldn’t have made the list in a normal year. The rabbit hole of streaming information recently brought me to a series of videos on triathlons. Watching a few of these events (appropriately sped up) reminded me of the power of a compensation philosophy.

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The Mind, Heart, Body, and Spirit of Total Rewards

World at Work defines Total Rewards as:

“All of the tools available to the employer that may be used to attract, motivate and retain employees. Total rewards include everything the employee perceives to be of value resulting from the employment relationship.”

We have invented more tools with corresponding rules, regulations, and variations. And our employees have become more diverse. Explaining the totality of Total Rewards has become increasingly difficult for many in and out of the world of compensation.

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HELP! Was I Just Arrested or Incentivized?

Editor's Note: There are a lot of reward terms out there and they aren't always universally understood. Leave it to Dan Walter to illuminate this challenge with his Classic humor!

We all wish we were better at communicating. We create presentations (decks) and plan summaries (SPDs). We carefully choose our words and have our colleagues review things before sending them. Our efforts need to be understood by people with wide ranges of experiences, education and levels of interest. But what if our best efforts were making things worse?

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A Wave of Employee Turnover Expected

A recent study by LinkedIn cites that 60% of employees are waiting for the pandemic to be over before seeking a new position.

With Covid rates declining in many areas and vaccines becoming more widely available, we are starting to see signs of this becoming a reality. Businesses are quickly reopening, and people are beginning to feel more comfortable leaving their homes and travel once again.

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