Total Rewards Philosophy in 4 Steps
By Susan Malanowski and John Malanowski A total rewards philosophy forms the foundation for leadership decisions regarding employee compensation and benefit programs. A good Total Rewards Philosophy will also provide the framework for communicating the programs to...
The Employee Pay Experience
By Susan Malanowski As we partner with organizations to create base and variable pay programs, benchmark external compensation, and evaluate internal pay equity, the level of pay transparency is tested. Organizations make significant investments in time and resources...
Aligning Long-term Incentives with Corporate Culture
by Tom Wilson One of Peter Drucker’s notable expression was: “Culture eats strategy for breakfast.” In fact, culture shapes behaviors, where plans and structures only attempt to influence them. Long-term incentives, compensation programs tied to a company’s future,...
Four Considerations in Making Short-term Incentive Plan Decisions Due to Covid-19
By Susan Malanowski Short-term incentive plans have a performance period of one year or less. The most common performance periods are annually and quarterly. For 2019 calendar year plans, the last quarterly or annual payment was made by March 15 of this year in order...