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compensation decisions Tagged Articles
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A Look Back at All That Happened in 2008
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| 2008 was a very busy year. Astronology takes a look at the major happenings of 2008 and their implications on the human resource industry. |
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2007 - The Year in Reviews in Human Resources and a Look at 2008
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| A look through 2007 and what should we focus on in 2008 to make it the best year yet. |
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Other compensation decisions Related Articles
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Ask the Expert: Partner and Alliance Manager Compensation
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| The debate continues to rage about the best compensation structure for partner managers. Recently BMG sat with a round table of chief executives, financial and alliance officers to discuss the merits behind the plethora of compensation structures available. The group didn’t agree on salary figures, commission percentages or bonuses, yet they did agree on one thing: the compensation structure MUST create the right motivation and this falls into two camps: strategic or tactical. |
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Compensation Definitions: Basic Must Knows for the Entrepreneur or Employee
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| Have you ever been in a staff meeting or other location and had a visit from a Human Resource Professional to discuss Compensation? Or maybe you’ve inquired about salaries or hourly rates – and have you been bombarded with terminology. Here are some basic compensation terms with definitions that will help you sail through those meetings looking like the entrepreneur that you are.
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Compensation Definitions: More Must Knows For the Entrepreneur
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| As an entrepreneur you must be a jack of all trades at times. As your business grows, you will need to become at least minimally versed in the area of compensation. After all, paying people is a key to keeping them around. This article will deal with some of the terminology used when describing a compensation program. |
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Smart Women Prefer the “Limited” Lifetime Warranty
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| This article is about our struggles in decision making. We all have such a difficult time making decisions . From the simple (where to eat dinner) to the complex (ending a long-term relationship). We want our decisions to be the “right” decisions forever. Why? Because we fear change and we fear making the ‘wrong” decisions. We want to have the opportunity to make everything last forever. This is not possible in life. We need to embrace the idea of a “limited lifetime” warranty when we make decisions so that as we change and grow, we can make new decisions that work for us moving forward. |
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Compensation and Performance
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| Does compensation really drive top performance? Well we've certainly seen a lot of people being paid a lot of money for not performing so what's up? If you have someone who is the right person for the job and they have shown promising results then it is probably a good investment to up the compensation. But compensating the wrong person is never going to make them the right person for the job. And your results will suffer in 9 different ways. What questions should you be asking yourself as you consider executive compensation approaches? |
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Show Me The Money - Network Marketing Compensation Plans Compared
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| There are so many network marketing companies to choose from, how do you decide which one has the best compensation plan? By understanding how the top three or four compensation plans work, you will be on your way to making an educated decision that will put you on the path to success. |
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Sales Compensation Plans: Improve Your Plan to Boost Your Profitability
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| Everywhere I go, CEOs complain that their sales compensation plans don’t seem to work as well as they had hoped. A bad sales compensation plan effectively converts “pay-for-performance” into “pay-for-non-performance.” If your sales incentive plan doesn’t create a win-win-win-for you, your salesperson and the customer-it is bound to fail sooner or later. Here are six key features of a winning sales compensation plan. |
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Sales motivation and Compensation Planning
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| Performance based compensation works very well as a means of motivating sales people. Sales people who are paid commission, tend to be guided by their compensation plan. Read this before you redesign your sales compensation plan. |
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Five Principles for Making Smart Decisions
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| Every day we contemplate numerous decisions. Some decisions are simple, such as deciding which gym class to attend, while are other are life altering, for instance deciding on taking an overseas promotion. Regardless of level of importance, these decisions will have an impact on our lives. Studies have shown that the more choices we have, they harder it seems to make a decision. Making decisions doesn’t have to be a daunting task; there are step we can learn to make smart decisions. |
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Who Has the D? Unclog Decision-Making Bottlenecks
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| Making good decisions and making them quickly is a differentiator of high-performing companies. And the key to outperforming competitors is the quality, speed, and execution of your decisions. Yet in many companies, decisions routinely stall. One culprit? Ambiguity for who is accountable for which decisions. Here is a tool to help clarify your strategic decisions: Think RAPID. |
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