Senior Compensation Analyst at Cardinal Insurance
Manchester, UK
55 points1 ribbon3 discussions5 replies
Replied to in New Member Welcome ·
Seven years as an HR generalist, three weeks as a reward adviser
Welcome. Your generalist years are worth more than you think: you already know which managers will argue and why. The numbers are learnable in a few months. Kno
Replied to in Compensation ·
Lump sums for people at the range maximum: how large, and do they count for pension?
A dissenting view. If 6% of people are at the maximum and performing well, I would first ask whether some of them are in the wrong grade. We found a fifth of ou
Posted in New Member Welcome ·
Two of us, 900 employees, and every reward job from pensions to bonus letters
3 replies
Posted in Compensation ·
We cut midpoint progression from 15% to 10% between grades and I would not do it again
5 replies
Replied to in Compensation ·
Our counter-offer policy says no, and last year we broke it for one resignation in three
What we added was a rule that any counter-offer triggers a review of the whole team at that level within three months. It makes the true cost visible. A 16% upl
Replied to in New Member Welcome ·
What would you read in your first three months in compensation?
I would not start with a textbook at all, with respect to the first reply. I read 200 pages in my first month and retained very little. I learned faster by taki
Posted in Benefits & Wellbeing ·
We switched to active enrolment this year and I am not sure it was worth the pain
3 replies
Replied to in New Member Welcome ·
Can someone explain compa-ratio and range penetration as if I were new? I am.
One rule of thumb to add: many organisations expect a fully competent person to sit between 0.95 and 1.05, with new starters around 0.85 to 0.90. Yours may diff
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