Monday, November 18, 2013

Compensation Theory - What is new for 2013!

The Center for Advanced HR Studies at Cornell holds a number of working groups, and does a fantastic job in publishing notes that show these are productive and informative sessions. Below is the link for the compensation session where they discussed a number of really cool topics - and more importantly - how companies are addressing them. For instance:

1. Gen Y, X - title mobility.
Got the younger crowd that wants a new title every 2 years? New comp theory around having internal vs. external titles.

2. Pay for Potential and Pay for Performance pools..
Interesting idea!

There is more - so I encourage you to read the document (about a 10 minute read).

https://est05.esalestrack.com/eSalesTrack/Content/Content.ashx?file=9e794be6-4c91-4190-b28c-b9b557708589.pdf

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