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Rising executive pay is a global issue h
Rising executive pay is a global issue http://ow.ly/nC9WQ
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A time travelled reward strategy; Who?
Introduction I was listening to the excellent “Dr Who at the Proms” on the radio. The music was evocative of different times and alien terrains. A thought struck me; what would the reward landscape...
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Employee benefits – cultural mood-music
Employee benefits are often overlooked when thinking about organisational culture. Yet they are a powerful framing or reframing mechanism for amplifying the message in our organisation of “the way...
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Pay round processes – a “big data” approach. Including the add-on benefits to...
Introduction The key to using data intelligently in HR is to start with the business numbers. This article is about how to structure a pay round driven by business results. It focusses on data rather...
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London Callling
Introduction I was listening to a radio program about the broadcasts to the French resistance during the Second World War. Coded messages were sent by the BBC to give instructions to the...
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Pay round visualisations – Strong analytics III
Introduction An important part of any pay review is reviewing pay. That is looking at pay modelling, outputs and outcomes. My experience says that the 80/20 rule applies. 80% of the pay round...
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Pay reviews; the Compa ratio magic. Strong Analytics V
Introduction We are, in most organisations, in pay and bonus round season. I have been involved in running pay and bonus rounds for over fifteen years. One of the most helpful ratios and presentation...
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Why our benefits products need to be like the Sainsbury supermarket
Introduction I was undertaking my weekly grocery shop in my local Sainsbury supermarket in Brentwood. It struck me that I have always shopped in this place. Why, and what lessons could be learnt that...
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Reward fights back – peashooters against tanks, some closing thoughts
Introduction Unless you have been living in a monastery then you will aware that HR in the UK has been under attack on a number of different fronts by the media and by politicians. The mauling...
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http://ow.ly/rfnGG IT has a go at #hr, n
http://ow.ly/rfnGG IT has a go at #hr, normally the other way around; very funny!
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Zero hours contracts: Extreme segmentation: the labour market dynamic
The news that the number of zero hours employees have been greatly undercounted illustrates a fundamental change in labour market dynamics. We are seeing an acceleration in the divide between the haves...
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Rewarding Adaptability – Digital Freedom Challenge
My idea (hack) for the Management Innovation Exchange, international Digital Freedom Challenge has been shortlisted as a finalist. It is called Rewarding Adaptability The organizers said: The Digital...
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Reward and Rock and Roll
Introduction What have the worlds of David Bowie, Black Sabbath and reward have in common apart from dealing in large amounts of money? An outstanding book, “The business of...
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The Cobblers last, digital marketing and reward.
Introduction I was in a branch of Timpson recently where I noticed a cobblers last. This is a rare sight. I am old enough to remember when most shoe shops had them in the shop window; a bit like...
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Giving it away
Question You are sitting in your office when the CEO walks in. She says “I want to give half my salary away to increase the minimum pay in the organisation to $25,000.” Do you: A) Burst out laughing?...
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Politicians, promises and payment by results
Introduction As the General Election in the UK comes to an end I was thinking about all the political promises, pledges and lists of broken guarantees. It struck me that the country could take a leaf...
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Complex can of worms – The Investment Association urge fund managers to...
Introduction The Investment Management Association has urged its members to disclose their pay policies and how this encourages alignment between investment teams and clients. At one level this is a...
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Epidemic of thieving bankers
Introduction Why have so many well paid, highly educated men (and it is almost entirely men) working in financial services caught the disease of fraud and theft? There is manipulation of LIBOR and FX...
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Time, value and a bonus
Introduction I was at a City lunch in a conversation with a senior executive of an American bank and her partner, a gifted financial analyst. We discussed the impact of bonus accrual accounting...
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Pension freedoms = bosses’ burdens
Introduction Much has been written about.the new UK pension freedoms; to treat pension pots like bank accounts. What has not been talked about is the vast burden these so called freedoms impose on...
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