Recently I got the question about the difference between the job design and the job analysis. Many people take the job design and the job analysis as two different names for one activity. Honestly, there is a difference between job design and job analysis.
Category Archives: Compensation and Benefits
Transparent Compensation Strategy
April 14, 2009 – 9:17 pm
The managers believe the compensation strategy should be fully open to employees and managers. It sounds great till the moment, the Compensation and Benefits Manager opens the policy to the public audience in the organization. The rumors and endless discussions start and the employees ask for the salary review.
Compensation Strategy in Recession
March 10, 2009 – 9:28 pm
The compensation strategy is a general document about the vision, mission and strategy of compensation and benefits of the organization. Generally, the recession has no impact on the compensation strategy, but the organization has to make some adjustments.
Base Salaries in Recession
March 2, 2009 – 8:43 pm
The base salary is the basic compensation component. As it is usually basis for every other compensation component, the base salary is taken as a guaranteed pay to employees every period.
Pay me my bonuses
February 16, 2009 – 8:55 pm
As you can see, the bonuses have a special role in the current business world. The bonuses should be a small extra for the effort and performance given to the organization. The bonus should be paid, when the organization has the profit to pay bonuses from. But reading the newspapers, the banks in troubles plan [...]
Bonuses and Recession
November 29, 2008 – 7:27 pm
The bonuses are the most discussed compensation component in the recession. As the bonus is directly linked to the overall business performance and the profit should be reached to pay the bonuses to employees, they feel uncertain about their bonuses in the recession.
Bonus Schemes Troubles in Economic Crisis
October 6, 2008 – 8:22 pm
The bonus scheme are usually seen as the best motivational tool. Generally, it is true, when the economony and the organization grows. The employees get nice bonuses and they expect higher bonuses every year. The economic crisis changes the picture. The employees have to be prepared to get smaller bonuses, but they are not ready [...]
