How HR Can Earn a Seat at the Table: Understanding Cash Flow Statements
For HR to be most effective, you should understand how the business side of the organization works. HR won’t earn a permanent seat at the decision-making table without a clear understanding of what’s...
View ArticleWhat Metrics Should HR Be Using? Q&A Session
What financial metrics should HR be using? What is most important to track? Which metrics measure effectiveness? Should the metrics vary depending on what industry your organization is in? Teri Morning...
View ArticleQ&A on pay surveys and pay raises
For employers looking to utilize pay surveys to get market benchmarks, where should they look? Who is the best source for pay surveys? What about employers who already have benchmarks but want instead...
View ArticleWhy the Trend Toward Variable Performance Pay?
“Employers want to end the entitlement mentality of across-the-board increases and move to a pay-for-performance mentality,” says consultant Teri Morning, MBA, MS, SPHR, SPHR-CA. “Organizations are...
View ArticleA Sophisticated Merit Increase Grid
Yesterday’s CED featured advice on variable performance pay from consultant Teri Morning, MBA, MS, SPHR, SPHR-CA. Today, her salary increase grid—which is a little more complex than most. Morning says...
View ArticleQ&A on Setting Pay Rates and Ranges
Setting formal pay ranges is one way organizations create fair pay structures that also motivate employees. These types of structures can provide a basis for employees to move between levels, and can...
View ArticleTrends in the Use of Variable Pay
“Variable pay supports the organization’s strategic direction and drives the accomplishment of organizational goals.” Teri Morning explained in a recent BLR webinar. “It does so by enabling companies...
View ArticleWhy the Trend Toward Variable Performance Pay?
Increasingly, employers are less averse to withholding merit increases for poor performers so they can afford to grant meaningful increases to better performers, says Morning, who is president of Teri...
View ArticleA Sophisticated Merit Increase Grid
Morning says her grid takes into account three factors (market and business performance, individual performance, and position in range), plus there’s a lump sum option. Pay increases are based on three...
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