Compensation Benchmarking at Global Conglomerates

by Malak Kazan, CECP, CCP, CBP, GRP 30. May 2016 09:08
A global, diversified, conglomerate company is characterized as being a business entity with several combined operating units having distinctly different businesses that fall under one corporate group. Sometimes these organizations are structured as holding companies with many subsidiaries operating in multi-industry and multinational business contexts. From a compensation perspective, the total rewards philosophy and any equity compensation programs will be closely managed at the corporate level. Compensation benchmarking needs requiring access to many industry-specific data sets across international areas may often be decentralized at the subsidiary or business level. Alternatively, benchmarking may be consolidated in shared services centers of excellence with compensation experts responding to the needs of business units. [More]

The Role of HR Leaders in Business Integration

by Malak Kazan, CECP, CCP, CBP, GRP 17. May 2016 14:29
HR leaders manage the human side of business transactions during the due diligence, deal close, and business integration stages. The strategic questions about how a new business target aligns with business objectives related to growth in new products or services, accessing new geographic markets, and/or recruiting mission- critical talent have already been answered during the research to identify the business target. During due diligence, the focus is on uncovering any red flags (if any) that may end the discussions for a host of different reasons. Once there is a definitive agreement signed to pursue the acquisition, the terms of the purchase are detailed with specific buyer and seller responsibilities. Then the heavy lifting begins with business integration to realize the intended business synergies. [More]

U.S. Labor Market Tightens

by ERI 10. February 2016 09:31
Two recent government data releases have suggested tightening labor market conditions. On February 5th, the government released its Current Employment Statistics monthly employment report for January. Average Hourly Earnings for all private employees was up 2.5% on a year-over-year basis. As the graph below shows, there is a clear upward trend in the last year that is in marked contrast to the preceding five years. [More]

Moving from an Anniversary to a Focal Salary Review?

by Linda Cox 7. December 2015 13:37
The verdict is out on this one. The vast majority of companies now manage a focal review cycle, while others may desire to eventually transition to a focal review cycle. Typically, business growth supports the change from an anniversary to a focal review cycle. [More]

2016 Salary Increase Planning Roadmap

by Malak Kazan, CECP, CCP, CBP, GRP 23. November 2015 13:08
Compensation professionals are typically busy this time of the year preparing for 2016 salary increases for employees. If you already have two or three years of experience managing the process, you have likely figured how to smooth out the bumps in the road. [More]

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