This week's Compensation Daily Advisor covers compensation budgets, salary increases, performance, and paying for quality.
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Get Your Report Now!2015 Compensation Budgets—Are You Prepared?
2015 is nearly upon us, and for most companies that means reviewing their compensation budgets. Where to start? At the very beginning, says consultant J. Timothy O’Rourke. Understand the organization’s strategic needs, and know your market’s benchmarks.
Sorry, No Raise in 2015 (How to Deliver the Bad News)
In yesterday’s Advisor, advice on planning your 2015 compensation budget from consultant J. Timothy O’Rourke; today, O’Rourke presents a strategy for when money is tight, and what to do if your company can’t afford increases at all this year.
Happy New Year! (Don’t Forget Your Personal 2014 Performance Appraisal)
Happy New Year, readers! Before you celebrate, take a moment to reflect on your accomplishments of 2014.
Quality Starts With People
The other day, I was driving through a small town and saw a sign on the side of a building that read, “Nobody ever regrets buying quality.” That got me thinking about quality. Did the proprietor of this business have it right? Does no one ever regret paying for a quality product or service?