Our guest Steven Hall, Jr. speaks with our CEO, Bob Laurenzo to discuss the implications of COVID, ESG, and Policy Updates for 2021 on the world on corporate compensation.
Key Topics:
Comp changes (and non-changes) related to COVID
How is ESG changing the view of compensation
ISS & Glass Lewis Policy changes for 2021
The latest compensation news, trends, whitepapers, and insights.
Most companies still run performance management the way they did twenty years ago. Managers write annual reviews, ratings go into
Performance and compensation are managed as two separate systems, run by two different teams, on two different calendars. Employees don’t see any of that. They see one question: did my work change my pay? When the answer is unclear, the entire performance cycle starts to look like ceremony, and the merit budget behind it gets spread further from where it was actually meant to go.
No exports. No manual imports. No reconciliation. When performance and compensation share a platform, ratings reach your pay decisions the moment reviews are submitted.
