2022 proved to be a year of the unexpected. Financial crises, an unpredictable employment market, and an evolving definition of the “workplace”. How can we recognize the changes versus the anomalies? How do we plan appropriately for this year?
In our paper, The Top 5 Trends in HR for 2023 we explore what we’ve learned and what we can do to prepare our organizations, and specifically HR for the next 12 months and beyond.
The latest compensation news, trends, whitepapers, and insights.
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.
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.
