Columbia Compensation Consulting Inc. Newsletter

2018 Compensation Connections

Overmax and Pay Equity

Compensation Connections 18-1

2017 Compensation Connections

Variable Pay and Overtime Calculations

Compensation Connections 17-1

The Finer Points of Pay for Performance

Compensation Connections 17-2

The Finer Points of Pay for Performance

Compensation Connections 17-3

2016 Compensation Connections

Proposed Rule-Making to Update FLSA

Compensation Connections 16-1

Nonexempt FLSA Earnings Threshold

Compensation Connections 16-2

What Happens Now?

Compensation Connections 16-3

Articles & Blogs

Overmax

Overmax

Overmax

“Well Wally, that’s my summary of your performance this last period. And from what I see here in the HR salary file, you’re at the maximum of the salary range, and you know what that means… [Read More]

Overmax

Pay Equity

Pay Equity

I recently attended three separate presentations on Pay Equity. (click here for the Wikipedia page that describes Pay Equity). Same subject but three different takes – the first was focused on convincing management that it was important – the second was a very good discussion amongst compensation and HR professionals… [Read More]

The Finer Points of Pay for Performance

Change-in-Plans

Change-in-Plans

A change in plans isn’t such a bad thing, it happens all the time. It’s raining, so we go to Plan B. The restaurant is closed so we go to another. These sorts of changes don’t seem to bother us so much. [Read More]

The Business Impact of Rewards

The Business Impact of Rewards

The Business Impact of Rewards

Earlier this year (Volume 15, Edition 1) I wrote an article for this newsletter about segmentation of your rewards strategy. I didn’t realize it at the time, but that was Part I. I focused on base pay, particularly using a merit matrix, and having a different base pay policy for key groups or employee segments. [Read More]

And The Answer is...3% - Maybe Not

And The Answer is…3% – Maybe Not

And The Answer is…3% – Maybe Not

We are again at that time of year that many employers look at what has been and is predicted to happen to wages so that they can put salary budget recommendations together. [Read More]

Compensation-Conundrum

Compensation Conundrum Overtime Eligibility Change

Compensation Conundrum Overtime Eligibility Change

A conundrum: something that is puzzling or confusing. Not always the case for compensation as we tend to resort to benchmarking to see how others approach the puzzle. This is a periodic view of some common conundrums faced by HR and compensation practitioners. [Read More]

Compensation-Conundrum

Principled Compensation

Principled Compensation

According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. A whopping 80% crash and burn. Theydon’t know their customers well enough, their products aren’tcompelling or differentiated, and there are many reasons to simply focus on getting the business ramped up. [Read More]

Compensation-Conundrum

The Finer Points of Pay for Performance

The Finer Points of Pay for Performance

I have been a proponent of pay for performance ever since my first job analysis days back in Phoenix. It’s something you learn about early in your career and in the HR community you try to teach managers how to do it better. Few companies these days stick to a COLA approach to managing pay increases… [Read More]

Downloads and Interesting Links

Below is a list of links to sites, postings or downloadable documents on the web related to compensation that you may enjoy.  I’ll post these periodically as I come cross them.

Escape the Tyranny of Ratings and Performance Management canstockphoto8696941 NEW-small

Pay transparency

Conjoint analysis to increase rewards ROI

Commissions calculation software

Retaining High Performers