This week, the Compensation Daily Advisor discussed merit increases, predictions about compensation in the future, and strategic HR. Here’s the Compensation Daily Advisor week in review.
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Get Your Report Now!Let’s Eliminate Base Pay Merit Increases—Consultant John Rubino believes that base pay merit increase systems can be demotivational. Rubino offered other compensation options.
A Lumpsum Payment Beats a Merit Increase Every Time—Employers should replace merit base pay increases with lumpsum pay-for-performance awards, says Consultant John Rubino.
Comp and HR In the Year 2525—Attorney Jonathan Segal delivered his predictions for what compensation and HR is going to look like in 2025.
Hassles: Old—Harassment—and New—Technology—Attorney Jonathan Segal predicts that harassment will continue to be a problem in future workplaces. He also discusses the possible impacts of technology on HR.
Human Resources—STILL Not a Strategic Partner?—J. Craig Mundy and Jim “Good to Great” Collins discuss why is it hard for HR managers to get a seat at the “strategic table.”
BLR’s Compensation Daily Advisor is a free daily source of compensation tips, news, and advice.