This week, the Compensation Daily Advisor discussed compensation charts, succession planning, and new survey results. Here’s the Compensation Daily Advisor week in review.
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Get Your Report Now!Use Simple Charts to Pinpoint Your Compensation Problems—Don’t go throwing around terms like compa-ratio when you talk to executives, says Stacey Carroll, M.B.A., CCP, SPHR. She offers an example of a chart compensation managers can use to explain what all the numbers and terms mean.
5 Compensation Cost-Savers—Payscale’s Stacey Carroll, M.B.A., CCP, SPHR offers key charts for a compa-ratio chart to help internal compensation review.
Succession Planning 2012--All About the Brain Drain—Employers are dealing with an aging workforce. In this new environment, succession planning has a broader focus. Companies must plan not only for staffing needs at the top of the company but must also identify and plan for future human capital needs at all levels—planning for the future growth and success of the company.
Who Are Your Hi-Pos? Ten Key Characteristics—Here are 10 key characteristics to look for when identifying high-potential employees for succession plans.
HR Department Survey Results--How Does Your Department Compare?—Employee leave—whether it’s vacation, sick time, or PTO—is frustrating enough, without worrying about what your competitors are up to. You need facts about best practices, and our Employee Leave Survey will ferret them out. But only if you help.
BLR’s Compensation Daily Advisor is a free daily source of Compensation tips, news, and advice.