Tagged “benchmarking”

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CompensationCompression lesson from a hospital group: newly qualified nurses overtaking third-year staffOur hospital group in the US Midwest, about 9,000 employees, raised the new graduate nurse hiring rate twice in 14 months to compete locally. Nobody modelled what that did to the people already here. Nina Larsen · 6 replies · 1y ago
CompensationAfter an acquisition, do you lift people to the range minimum at once or in stages?We have just integrated a 320-person business into our structure. I work for a building products manufacturer in the US, about 4,700 employees in total. Of the 320, 74 are below our range minimum, by Amara Vargas · 2 replies · 1y ago

Executive CompensationOne peer group for pay levels and another for TSR: we stopped pretending they should matchFor years my company, a Swiss listed speciality food group of about CHF 5bn market cap, used the same 16 companies both to benchmark executive pay and to measure relative TSR. It was tidy, and it was Anonymous member · 3 replies · 1y ago

Compensation · AnsweredFirst merit increase for a July hire: pro-rate it, skip it, or pay it in full?Our review is effective 1 January and anyone hired before 1 October is eligible, pro-rated by months worked. I am the only compensation person at an engineering consultancy in Canada with about 600 stMaya Bergström · 3 replies · 1y ago

Sales Compensation · AnsweredBookings or recognised revenue as the measure when pricing is usage-based?I am the first compensation hire at a cloud infrastructure company in Singapore, around 45 sellers across South-East Asia. We moved from annual subscriptions to usage-based pricing last year. CustomerJonas Tanaka · 3 replies · 2y ago

Executive Compensation · AnsweredRelative TSR peer group down to 14 names after two takeovers: rebuild or switch to an index?I support the committee of a mid-cap listed industrial in the UK. Our relative TSR group started at 18 companies three years ago. Two have been taken private and two more are now so small that they baNadia Haddad · 4 replies · 2y ago

Pay Equity & TransparencyWhere do market premiums for scarce skills sit in your adjusted gap model?Semiconductor equipment company, about 2,000 employees in the Netherlands and Germany. We pay a market supplement of between 8% and 20% on roughly 260 roles, mainly process engineering and embedded soKenji Costa · 2 replies · 2y ago

Compensation · AnsweredWhat range penetration do you expect from a solid performer after three years in role?I look after reward for a UK insurer with about 3,100 employees. Our ranges run 80–120% of midpoint and the policy says a fully competent person should sit 'around the midpoint', which managers read aYusuf Mensah · 4 replies · 2y ago

CompensationOpinion: stop calling it merit pay when the whole budget is two and a half percentI have run annual reviews for fifteen years, most recently at an Australian mining services company with about 3,800 employees. I have come to think the word 'merit' does more harm than good at currenMateo Nakamura · 5 replies · 2y ago

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