August 25, 2010

CEO Pay Has ‘Catch’ as Executive Performance Targets Prevail, Hewitt Says – By Alexis Leondis

CEO Pay Has ‘Catch’ as Executive Performance Targets Prevail, Hewitt Says

- By Alexis Leondis

Chief executive officers in the U.S. are getting bigger long-term incentive awards and more firms are tying those payouts to performance goals, a survey shows.

More companies are linking future stock and cash bonuses to specific targets, according to a study of 157 companies in the Fortune 250 released today by Hewitt Associates Inc., a Lincolnshire, Illinois-based human resources consultant. Thirty- five percent of companies in the Fortune 250 had performance plans in place in 2009 compared with 18 percent in 2003. (more…)

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August 23, 2010

Employee Engagement and the New Deal

Employee Engagement and the New Deal

Whether or not this is indeed a watershed moment as the 2010 Global Workforce Study (GWS) by Towers Watson posits, clearly Employee Engagement is of paramount importance to the success of your business.

Top companies recognize that employee engagement is a key force behind success. Employee engagement impacts every aspect of how satisfied the customers are, how smoothly suppliers are involved into the production of the company’s good or service, how efficiently tactical plans are carried out, how consciously quality and improvement are integrated into the company’s practices, and bottom-line: how profitably a company performs. Think of employee engagement as the equivalent of customer loyalty. (more…)

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August 4, 2010

Credentials, Please

Credentials, Please

Credentials?  Qualifications?  Well, what sort of professional development have you done lately?  In today’s uber-competitive, ever specialized workplace having an additional set of skills is absolutely critical for career advancement.  Whether it’s LLM, PMP, CCIE or MBA, the acronyms can be dizzying but from my vantage point it takes certified, specialized knowledge and training to really pass muster these days. (more…)

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