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Resolutions or Goals - 3 Ways to Get Going in 2023
My resolutions set for the new year hardly ever last. Except one year, when I resolved to randomly wink and smile at people. That lasted through April,...
Do Tight Merit Budgets Punish Loyalty in Top Performers?
Recently, I spoke with a group of cooperative CEOs about today’s volatile labor market and shifting compensation trends in merit increases and starting...
Death, Politics and Compensation: Conversations We Avoid
I have yet to meet a manager who likes to talk about compensation with their employees. It’s a challenging and complex topic that directly impacts...
The ABC's of Compensation: How to Determine Wages
I often joke that I use a dart board when making compensation decisions. Although fun and possibly amusing, it’s not the approach to take when...
Employee Compensation: Impact on Patronage Refunds
Pay increase requests are, well, increasing in frequency. And those increases, bring an increase in overall expenses. That’s a lot of increases. Much...
Compensation and Inflation: Breaking it Down
Back in the day when I first started doing compensation work, my more experienced peers spoke of a time when there were double digit merit increases. I...
Get Creative! Benefits to Enhance Total Compensation
A few weeks ago, I read an article that cited a random survey about what employees want from their employer. It stated that 63% of those surveyed...
Employees Want Flexible Work
Spoiler Alert: How we work will never be the same. The pathway of change we travelled over the last two years was one with twists, turns, and the...