Recently, I was working with a General Counsel who was tasked with putting together an analysis of the pay for their top five leaders in preparation for their annual Board Meeting. As pay equity regulations trend towards increased levels of transparency and as organizations respond to the COVID-19 impact on the US economy, it is no surprise the Board wanted to take a closer look at their executive pay.
Most training and development programs didn’t go quite according to plan last year, for obvious reasons. But that doesn’t mean that the world of training and development technology has fallen behind. In fact, we could be on the cusp of a learning revolution.
Compensation planning for the year ahead always involves a certain amount of guesswork. You have to try to anticipate several variables, from your company's performance to trends in the hiring market.
Deliverables are due, there are nine fires that need tending right this second, the phone is ringing, and you have over 100 unread messages in your inbox. With everything you and your employees need to get done today, how do you also ensure utilization of your Learning Management System (LMS)?
Acknowledgement and appreciation of employees is essential for a more positive, productive, and profitable organization. Over the years, there has been more and more evidence and data that links employee appreciation with customer satisfaction, and organizational growth. The business case is there. Now, it's a matter of making it an intentional practice. Did you know that over 65 percent of employees report they don’t feel recognized at work, according to an Achievers survey? And Bersin by Deloitte reports that, "nearly 75% of organizations have a recognition program (despite the fact that only 58% of employees think that their organizations have recognition programs).” With Employee Appreciation Day on March 2nd, it's an ideal time to refresh and revamp your employee recognition program to recognize your company's most valuable assets. 3 Areas to Focus on for Your Employee Recognition Program