Strategic Compensation Planning

Everything Is Connected:  How Changes in Pay Mix Can Undermine Pension and Benefits Objectives

How companies pay their staff has changed substantially over the past number of years. At the core of this New Pay transition is the wide array of bonuses and incentives paid to many employees who once received only salary.  In response, many companies have revised the way that they have defined earnings for pay-related benefit programs. Unfortunately, many other companies have failed to make corresponding changes.  In effect, pension, disability and similar benefits have come to be determined not on the basis of how much an employee earns, but in terms of how that pay is delivered.

Total Rewards:  Strategic Tool or Marketing Hype

The marketing hype associated with some Total Rewards approaches can be very distracting. It is easy to be seduced into the belief that the important and challenging issues associated with measuring total rewards and designing effective total rewards solutions have either long since been solved, or can comfortably be ignored.  Unfortunately, too often there is too little total in Total Rewards.