Whitepaper
Author
by Jocelyn Tuttle, CCP, GRP, Senior Compensation Analyst
Summary
The Salary.com National Salary Budget Survey published early last fall reported projected 2009 merit increases to be between 3.6% and 3.9%. Preliminary results from this year’s survey indicate approved merit increases for 2009 will be around 1.5% to 2.0%. Salary budget surveys from a variety of vendors are consistent with these results; actual 2009 increases will be significantly lower than initial projected increases. Because of this change, salaries are expected to grow much more slowly this year than in the past several years.
Download this white paper to learn how:
- Smaller increases mean salaries will grow much more slowly this year when compared to previous years.
- Communicating openly and honestly, paying for performance, and using alternative rewards can help organizations retain and motivate valued employees.
- Organizations need to report how they may have changed their compensation practices so the market will be accurately portrayed. This year’s surveys will be valued data sources used to support compensation decisions.
- Shrinking salary budgets prompted Salary.com to decrease the aging assumptions used to update the underlying survey data of the product.
Download Compensating Employees in a Down Economy
Webcast
Author
by Joseph Kilmartin Jr., Managing Director, Compensation Consultant, Salary.com
Summary
Optimizing your merit pool dollars is essential to ensuring sound fiscal management. It also provides organizations with the opportunity to strategically "incentivize" their workforce.
As merit budgets decrease due to the current economic turmoil, it is more critical than ever to use merit rewards wisely and effectively by rewarding and retaining your top key performers.
Download this webcast to learn how to:
- Managed unplanned reductions in your merit budget and still make an impact with your merit program.
- Develop a merit matrix that delivers rewards to your best performers.
- Communicate your organization's approach to performance assessments to stakeholders.
Download Getting the Most from Your Shrinking Merit Budget
Whitepaper
Author
Joesph Kilmartin, Managing Director of Compensation Consulting, Salary.com
Summary
Most managers and employees dislike their organization's current performance management process. But a well implemented performance management program allows you to develop your human assets, achieve strategic business objectives and minimize employee backlash.
Regardless of what data source you use, it is reasonable to assume that most employers are being cautious, preparing for long-term economic difficulty.
In this Insight we discuss:
- Challenges to effective performance assessments and recommended solutions
- Pros and cons of multiple and self assessments
- Distribution guidelines, merit matrices and suggestion for making the most of your limited merit budget
Making Performance Assessments More Effective
Whitepaper
Author
Salary.com, Inc.
Summary
Most studies indicated planned merit budgets for 2009 were on track to remain consistent with pervious years' budgets. As more economic turmoil surfaced, some organizations took a new look at merit budget plans for 2009.
Regardless of what data source you use, it is reasonable to assume that most employers are being cautious, preparing for long-term economic difficulty.
Download this Insight to learn:
- Revised merit increase budget estimates
- How to communicate limited funds to employees
- Suggested alternative rewards
Download Compensation Trends for 2009
Whitepaper
Author
by Jonathan Verdun, Competency Product Development Director, Salary.com
Summary
Competencies are useful to organizations as part of a competency assessment approach to talent management. They offer many practical applications to assist with an organizations success.
This whitepaper provides an overview of the benefits and challenges of competency assessments. Here we focus on the Salary.com approach which is primarily targeted at assessing an employee's fitness for a given role within an organization.
Download this Insight to learn:
- The purpose of and rationale for skill/competency assessment
- How to assess employees without making them feel threatened
- How to make a clear distiction between assessing competencies and evaluating performance
Download Competency Assessments Make Talent Management More Effective
Whitepaper
Author
by Mike Conover, Compensation Consultant, Salary.com
Summary
The clamor for real change in executive pay has reached new heights. The tumultuous economy and multitude of executive parachutes deploying within it have placed a laser-like focus on an already hot topic.
Traditional yearly exclamations of shock and awe over ever larger paychecks, golden parachutes and special perquisites have been replaced by public outrage. The general public, shareholders and regulatory authorities are united in their demand for real reform in executive pay.
Our dashboard approach to executive pay includes advice regarding:
- Peer group analysis and assessing direct pay
- Equity usage and board compensation
- Analysis of potential post employment related earnings
Download Executive Pay-Checking Your Program
Executive Pay
Executive Compensation 2008-Where do we stand?
Whitepaper
Author
by Douglas W. Crisman, Vice President, Competencies, Salary.com, Inc.
Summary
Talent management has increasingly become strategically important, but due to corporate financial and competitive issues not always urgent. Often there's not enough time or a company hasn't had the process, technology or data to make it practical.
But now companies around the globe are realizing talent management is critical to their survival and long term success.
In response, suppliers with new technologies, expertise and competency data have created solutions to assist. Companies that adopt global talent management will drive efficiencies and organizational effectiveness and retain their most valued employees.
In this Insight, we advise companies that are looking to implement competency-based talent management to:
- Keep the objectives in mind
- Solicit input from successful incumbents
- Use a phased, release-based approach
Download Competency-Based Talent Management Now
Whitepaper
Author
Brent Kleiman, Vice President Small Business, Salary.com
Summary
Fair and equitable compensation is critical to attracting top talent and keeping employees motivated and engaged.
This whitepaper provides a crash course of compensation terms and practices that help organizations develop a compensation process that suits their needs and is competitive in the marketplace.
Download this Insight to learn:
- How to determine a fair salary for all employees
- Impact of business life cycle on pay philosophy
- Where to find salary data for positions within an organization
Download Compensation Made Simple
Whitepaper
Author
by Jason Corsello, Business & IT Services Director, Yankee Group
Summary
Performance-driven compensation is transforming the way organizations align individual, group and company goals to determine business outcomes.
Compensation is the cornerstone of an effective talent management strategy. The ability to enable consistent, reliable and standardized compensation processes that are linked to key performance drivers of individual and organizational strategies can affect many facets of the business.
Some of these facets include:
- Improved employee morale and retention
- Increased employee engagement and productivity
- Strengthened governance and compliance with company and regulatory issues
Download Compensation as the Foundation to a Talent Management Strategy
Webcast
Author
Joseph B. Kilmartin Jr., CCP, Managing Director of Compensation Consulting, Salary.com
Lena Bottos, CCP, GRP, Managing Director of Compensation, Salary.com
Summary
Listen to the compensation experts at Salary.com as they examine the role of compensation surveys in determining "job value" or "job worth." This Webcast explores the fundamentals of survey selection and data management within the broader context of market pricing.
Key takeaways from this Webcast include:
- Market pricing in 10 easy steps
- Effective use of compensation surveys
- Survey types and consideration criteria
- Benefits of survey participation
- Survey portfolio strategies
Download Compensation Surveys Made Simple
Whitepaper
Author
Joseph B. Kilmartin Jr., CCP, Managing Director of Compensation Consulting, Salary.com
Lena Bottos, CCP, GRP, Managing Director of Compensation, Salary.com
Summary
Effective salary planning requires access to reliable salary data. To help decipher the complexities of participating in and purchasing compensation surveys, the experts at Salary.com have written Compensation Surveys: What you need to know.
This Whitepaper will help you determine whether a survey adheres to regulatory requirements and will provide the actionable data you need to effectively manage your compensation planning.
Download this Whitepaper to understand:
- Regulatory considerations for compensation surveys.
- Tips for selecting the best surveys for participation and purchase.
- Benefits of survey participation.
- Keys to interpreting survey data.
Compensation Surveys: What You Need to Know
Whitepaper
Author
Joseph B. Kilmartin Jr., CCP, Managing Director of Compensation Consulting, Salary.com
Summary
With HR departments expected to perform an increasing number of roles on restricted budgets and fewer resources, more companies are exploring the trend of co-sourcing to achieve their business goals.
This Whitepaper discusses how leading HR departments are leveraging outside resources to become more strategic.
Download this Insight to learn:
- Strategies to make your HR team more effective
- How co-sourcing can help your compensation team
- Issues to consider when selecting a co-sourcing partner
Download Co-Sourcing Makes Human Resources More Strategic
Whitepaper
Author
Lena Bottos, CCP, GRP, Managing Director of Compensation, Salary.com
Christopher Fusco
Summary
This whitepaper provides a framework for how organizations can develop and implement salary structures for administering their employee compensation programs.
Download this whitepaper to understand:
- Key considerations when implementing salary structures
- Traditional and broadband salary structures
- Balancing internal and external pay equity
Download Creating Fair Salary Structures
Whitepaper
Author
Lena Bottos, CCP, GRP, Managing Director of Compensation, Salary.com
Christopher Fusco
Summary
A competitive pay policy articulates an organization's strategy for competing within targeted labor markets to recruit the employees it needs to achieve business success. An effective pay policy is an important aspect of a company's overall competitive strategy. Just as organizations compete to sell their products and services, they also compete with one another for talented employees. Therefore, a competitive pay policy is the cornerstone of an organization's human capital investment strategy.
This whitepaper discusses:
- Pay administration guidelines
- Market pricing strategies to gain pay competitiveness
- Business processes for managers to make effective decisions regarding investments in human capital assets
Download Developing a Competitive Pay Policy Now
Webcast
Author
Josh Lurie, Vice President of Executive Compensation, Salary.com
Mike Conover, Executive Compensation Consultant, Salary.com
Summary
The turmoil in executive compensation over the past few years has left many wondering what really is ?and isn't ?going on
Listen to the executive compensation experts at Salary.com as they provide data and discuss the current structure and operation of executive compensation programs in preparation for what promises to be another controversial and change-laden year.
This Webcast examines the following:
- Mix of cash and equity and the balance between short-term and long-term incentives
- Severance and change-in-control compensation levels
- Determining the "Pay-for-Performance" portion of executive pay
- Understanding corporate governance aspects of executive pay
Download Executive Compensation 2008: Where Do We Stand?
Executive Pay
Executive Pay Checking Your Program
Webcast
Author
Joe Duggan, Head of ICR International - London Ltd.
John Cunnell, Co-Founder ICR
Summary
International expansion presents new and complex compensation administration challenges for companies.
Listen to the experts from ICR, a division of Salary.com, as they highlight common problems and proven solutions to building effective global compensation strategies.
This Webcast examines:
- A proven model to simplify global compensation processes.
- Challenges and key objectives of a global leveling effort.
- Problems and solutions for traditional approaches to compensation structures in the global context.
- A practical, actionable approach to succeed in global compensation and benefits.
Download Global Compensation Structures Now
Whitepaper
Author
Joe Duggan, Head of ICR International - London Ltd.
John Cunnell, Co-Founder ICR
Summary
Companies with global operations face special challenges in administering pay. The goal is to create a program that is fair and equitable, locally appropriate, plus easy to manage and communicate.
The three main goals of any global compensation program are:
- Communicating a common reward philosophy that is easy for all employees to understand.
- Providing accurate local guidelines for salary administration that is in compliance with local legislation and practices. Include market pay values, salary budgets, local legislation, and common practices in that location.
- Establishing corporate-wide equity for all employee programs including stock option awards, incentive plans, transfers, and other global program eligibility.
Download Global Leveling - A Practical Approach Now
Whitepaper, Webcast
Author
Joseph B. Kilmartin Jr., CCP, Managing Director of Compensation Consulting, Salary.com
Andrew K. Miller, CCP, GRP Compensation Consultant, Salary.com
Summary
In order to compete effectively for valuable talent, you need to assess what the competition is doing. Market pricing allows you to do just that.
Download the Insight and Webcast to understand:
- Ten steps to successful market pricing
- Overview of market pricing and its relevance to pay program policies
- Tips for effective job matching
- Rules to determine relative value
- Survey elements overview and tips to interpret survey data
Download Insight: Understanding Market Pricing
Download Webcast: Market Pricing - Getting it Right
Whitepaper
Author
Johanna Schlegel, MBA, CCP
Summary
Adopting a pay-for-performance approach to compensation planning and administration can dramatically improve organizational results and attract, motivate, and retain top talent. The most effective pay-for-performance programs are complete systems, where the interrelated objectives of organizational development, compensation, business units are brought into synch.
Download this whitepaper to learn how your organization can:
- Manage human capital expenditures on an annual cycle
- Establish seasonal performance and compensation management goals
- Ensure program success through timing, training and employee communication
Download The Cycle of Excellence
Whitepaper
Author
Fred Whittlesey, Salary.com Fellow
Summary
Comprehensive changes in the regulatory and governance environment surrounding equity-based compensation have resulted in a diversity of practices not fully reported in survey data and media coverage. While some headlines portray a world in which stock options have been abandoned for restricted stock, greater scrutiny reveals a much more complex structure of grant types and provisions being used for both executive grants and all-employee programs.
The most notable change is the widespread introduction of performance-based plans with a wide variety of features. Understanding the nuances of competitive practice is essential for conducting meaningful competitive assessments and making plan design decisions.
Download this whitepaper to understand:
- Trends and practices impacting long-term incentive programs.
- Considerations for evaluating total executive compensation.
- Steps to ensuring accurate assessments of executive pay.
Download The New Era of Equity Compensation Design Now
Whitepaper
Author
Fred Whittlesey, Salary.com Fellow
Summary
The attention given to equity-based compensation plans in recent years - driven by changes in accounting, tax, and disclosure rules and fueled by shareholder concerns - has resulted in cash compensation arrangements being pushed to a secondary position in the headlines.
But as many companies have agonized over choices between stock options and restricted stock, experimented with adding performance features to grants, and reconsidered the role of equity in compensation strategy, cash long-term incentive plans have increased in use in some unexpected places.
Download this whitepaper to learn:
- The role of cash plans in total LTI strategies
- Compensation trends based on company size and industry
- Trends in performance-based compensation
- Patterns in performance cycles, measures and award curves
Download The Return of Cash Long-Term Incentives
Whitepaper
Author
Fred Whittlesey, Salary.com Fellow
Summary
The SEC's recent challenge to companies regarding the extent and quality of proxy disclosure of executive pay practices and process raises a number of issues - and the peer group issue is high on the list. A company's identified peer group - who is in it, how it was determined, and how it was used in pay analysis - was identified as a key concern by the SEC. Compensation Committees must have a structured, data-based, and well-documented process for determining the basis of competitive comparisons. A data-intensive, iterative process is critical for meeting disclosure and governance responsibilities.
This whitepaper provides:
- Analysis of issues and trends impacting executive compensation disclosure.
- Insight into how companies are meeting governance and disclosure obligations.
- Six tips for conducting your peer group analysis.
Download Who Are Your Peers?
Whitepaper
Author
Paul R. Dorf, Ph.D., APD, Managing Director, Compensation Resources, Inc.
Daniel P. Moynihan, CCP, Principal, Compensation Resources, Inc.
Summary
This Insight illustrates current practices some large publicly traded companies are employing to create what have been termed qualified SERPs (QSERPs) to fund otherwise non-qualified executive retirement benefits.
Download this Insight to learn:
- Why some companies are moving SERPs to QSERPs
- The impact this trend has on disclosures
- Tips to ensure you are in compliance with regulations
Download Will funding for executive retirement benefits pass the sniff test?
Research
Author
Maura Pallera, Global Research Analyst, Salary.com
Summary
The third annual Employee Satisfaction and Retention Survey revealed that employers remain vulnerable to losing key talent while implementing costly retention plans or programs that don't meet employees' needs for job satisfaction.
Many employees feel their accomplishments are not recognized and rewarded appropriately. Professional development, career paths and opportunities for career advancement appear to be lacking. In some cases, employees are actually bored.
With responses from over 7,450 workers and 245 human resource professionals, this Salary.com Insight highlights employee vs. employer perspectives on:
- Employee Job Search Activities
- Reasons for Leaving or Staying in a Job
- Employee Turnover Costs and Counter-Offers
Download Employee Satisfaction Survey
Download the Survey Results
Whitepaper
Author
Maura Pallera, Global Research Analyst, Salary.com
Summary
Increasingly, organizations look to raise the bar for performance, accelerate the development of leaders and ensure employees can implement new work processes and become drivers of continuous innovation and change.
Organizations need a way to clarify new standards and expectations, better align individual behavior and business strategies, and help employees take charge of their own development. The successful development and implementation of a Competency Management Program allows organizations to achieve these objectives.
Download this whitepaper to understand:
- Role of competencies in a talent management initiative.
- Four essential components to integrate a Competency Program.
- Tips to ensure rapid deployment and faster returns on investment.
Download Competency Management
Whitepaper
Author
Nicholas Camelio, Vice President, Human Resources, Salary.com
Summary
Performance management programs enhanced with competencies provide the springboard to more effective communication regarding performance, which results in better alignment of business goals and objectives, as well as higher levels of goal attainment.
Download this whitepaper to understand:
- Employee types and typical scenarios to illustrate challenges facing managers today.
- Best practices to enhance the effectiveness of your current performance
- Using competencies to strengthen your performance management program.
Download How Competencies Enhance Performance Management
Webcast
Author
Nicholas Camelio, Vice President, Human Resources, Salary.com
Summary
Employees are more proactive and involved in the goal attainment process than ever before. They know what they want and will likely move on if they are unsatisfied.
Download this webcast to understand:
- Employee types and typical scenarios to illustrate challenges facing managers today.
- Best practices to enhance the effectiveness of your current performance management program.
- Using competencies to strengthen your performance management program.
Download How Competencies Take the Pain Out of Performance Management
Webcast
Author
Nicholas Camelio, Vice President, Human Resources, Salary.com
Summary
Employees are more proactive and involved in the goal attainment process than ever before. They know what they want and will likely move on if they are unsatisfied.
Download this webcast to understand:
- Employee types and typical scenarios to illustrate challenges facing managers today.
- Best practices to enhance the effectiveness of your current performance management program.
- Using competencies to strengthen your performance management program.
Download How Competencies Take the Pain Out of Performance Management
Webcast
Author
Jason Corsello, Knowledge Infusion
Summary
Listen to industry expert Jason Corsello from Knowledge Infusion discuss the impact of business and operational changes on the performance management component of a talent management strategy and provides recommendations to help organizations prepare for these changes.
This Webcast examines:
- Four distinct phases of a performance management program.
- Stages of a talent management maturity model.
- Business drivers impacting business and operational performance.
- Strategies for improving the performance management process.
Download Improving the Performance Management Process
Whitepaper
Author
Chris Fusco, SPHR, CCP, GRP, Vice President of Compensation, Salary.com
Summary
To uncover the gaps in perception between managers and employees, Salary.com conducted a survey of over 2,000 employees and 330 HR professionals regarding their performance review process. The results of the study demonstrate the general discontent among workers with performance programs and point to gaps in communication between employee and manager.
Download It's Performance Review Season
Whitepaper
Author
Mark Albrecht, Vice-President, Talent Management Solutions, Salary.com
Summary
To successfully attract and retain talent, organizations need to develop, deploy and monitor an effective Talent Planning program that is driven by organizational strategies and goals.
Download this whitepaper to understand:
- Imperatives of an effective Talent Planning program
- 5 Phases of the Talent Planning lifecycle
- Recommendations to implement a successful Talent Planning program
Download Leading Talent Planning Practices
Research
Author
Maura Pallera, Global Research Analyst, Salary.com
Summary
Salary.com invited a cross-section of employees and business representatives from across the US to participate in the survey. Participants submitted responses electronically during late November and early December of 2007. More than 2,800 responses were received from companies ranging in size from less than 10 to over 5,000 employees. All responses were reviewed for consistency and accuracy, and valid submissions were aggregated.
Key focuses for the 2008 study include:
- Ownership of the Performance Management process
Download Performance Management: Employer vs. Employee Perspective
Whitepaper
Author
Dana Freeman, VP of Product Management, Salary.com
Summary
The performance review process is often viewed as an annual headache that managers and employees alike can't wade through fast enough. But as a pay-for-performance culture permeates the business world, companies find automated systems help make performance reviews an ongoing process that increases employee and manager involvement and drives greater business results.
This Salary.com Insight examines the following five points that underscore the value of performance reviews and provides ROI tips for each.
- Improving the operational efficiency and reducing the cost to complete the performance review process through automation.
- Providing structure and consistency to the process along with online tools that help managers develop and retain talent.
- Improving the retention rate for top performers and decreasing the time to full productivity.
- Managing low performers out of the organization efficiently while mitigating the risk of wrongful termination lawsuits.
- Implementing a pay-for-performance culture.
Download Quantifying the Value of Performance Reviews
Webcast
Author
Chris Fusco, GRP, CCP, SPHR, Vice President of Compensation, Salary.com
Summary
Although the labor pool goes through stages of booms and busts, companies and human capital management (HCM) professionals are always seeking optimal methods to manage their investment in human assets.
Join the Salary.com compensation and talent management experts as they discuss the tools designed to attract the caliber of talent necessary to achieve business success, engage employees on achievement, and retain your investment in developing talent.
This Webcast examines the current talent landscape and discuss the five critical tools for effective HCM, including:
- Market Valuations for human capital
- Guidelines for balancing internal equity and external competitiveness
- Performance Incentive Compensation
- Performance Management Programs
- Web-enabled IT to effectively execute human capital decisions
Download Toolkit for Managing Human Capital
Research
Author
Jason Corsello, Knowledge Infusion
Summary
Competitive pressures, including faster time to market, tighter margins, and constant innovation, are driving organizations to create more efficient management structures and effective measurement tools.
The purpose of this report is to discuss:
- Forces of change that we believe are affecting the performance management component of a talent management strategy,
- Impact these changes will have on organizations,
- Recommendations to help organizations prepare for these changes.
Download Transforming and Evolving Your Performance Management Process
Whitepaper
Author
Schoonover Associates
Summary
In most organizations, performance management is limited to appraisals alone. In some, it encompasses a loose process comprised of goal and standard setting, intermittent coaching, and year-end performance evaluation. In very few organizations, performance management is viewed as a more comprehensive approach to leveraging human assets that includes identifying, measuring, and developing human performance.
No matter what defined scope is involved, performance management in most settings is considered a "necessary evil," usually driven by the need to evaluate employees for retention, work assignments, promotability, and pay.
Download A Process Approach to Performance Management
Whitepaper
Author
Maura Pallera, Global Research Analyst, Salary.com
Summary
Increasingly, organizations look to raise the bar for performance, accelerate the development of leaders and ensure employees can implement new work processes and become drivers of continuous innovation and change.
Organizations need a way to clarify new standards and expectations, better align individual behavior and business strategies, and help employees take charge of their own development. The successful development and implementation of a Competency Management Program allows organizations to achieve these objectives.
Download this whitepaper to understand:
- Role of competencies in a talent management initiative.
- Four essential components to integrate a Competency Program.
- Tips to ensure rapid deployment and faster returns on investment.
Download Competency Management
Whitepaper
Author
Dr. Stephen C. Schoonover, Vice President, Salary.com HCM Consulting
Summary
Though competencies were originally developed for assessment training and development efforts, organizations have begun to use competencies in virtually every human resource domain. Competencies can provide the linkage for developing a truly integrated human capital management system.
By viewing the entire range of human resource practices as a set of closely related activities, organizations can:
- Align human performance systems design with other process improvements or re-engineering interventions.
- Identify conflicts, synergies, and redundancies among various HR processes.
- Clarify, communicate, and continuously improve the entire human capital management system.
Download Competency-Based Human Capital Management
Whitepaper
Author
Dr. Stephen C. Schoonover, Vice President, Salary.com HCM Consulting
Summary
Everyone seems to know what great leaders look like when they see them. But, one year's success story often turns into the next year's failure. So, why is it so hard to define and predict who will be a consistently successful leader?
By communicating and supporting a consistent framework with formal learning, coaching and developmental experiences organizations can accelerate the acquisition of leadership competencies in individuals and groups.
Download this whitepaper to understand:
- Key factors required for leadership success.
- Characteristics of leaders at all levels of the organization.
- The framework for a holistic approach to leadership development.
Download A Systems Approach For Creating Excellent Leaders
Whitepaper
Author
Dr. Stephen C. Schoonover, Vice President, Salary.com HCM Consulting
Summary
Environmental changes continually transform the way organizations create value and conduct business. In particular, enterprises of all sizes are increasingly focused on both the issues and opportunities related to their human assets.
This overall trend represents an ongoing challenge, compelling human resource departments to accelerate their capacity for change. But, what major changes should HR make and how? And what new capabilities and competencies will professionals need to succeed?
Download this whitepaper to understand:
- How to secure a seat at the strategy table.
- Which competencies will have the greatest impact in the new environment.
- How to become proficient in the new competencies.
- How to prepare for the permanence of change.
Download Human Resource Competencies for the New Century
Whitepaper
Author
Schoonover Associates
Summary
Applying competencies properly provides an excellent engine for raising the bar, promoting common standards, and integrating HR processes. However, competencies should be coupled with other interventions such as curriculum offerings and setting objective performance goals to make the fullest impact.
This whitepaper emphasizes how utilizing best practices can increase the success of implementing competencies in your organization.
Learn More
Webcast
Author
ITG Competency Group, a division of Salary.com
Summary
This slide deck was the basis for the Webcast Rapidly Deploy Competency-Driven Talent Management Initiatives
This presentation provides an outline of the importance of a competency framework and tips to a speedy and successful implementation, including:
- Competency data requirements for your workforce initiatives.
- Differences between competency models and competency dictionaries and why it matters.
- Gaining buy-in from all groups within your organization.
- Reducing the time and cost of your competency-based initiatives by more than 50 percent.
Download Implementing High ROI Competency-Based Workforce Initiatives
Whitepaper
Author
Rouja Brzozowski and Amy Erickson
Salary.com Competency Group
Summary
In order for an organization to more easily align the workforce with corporate strategy, goals and objectives, competency models must be integrated with the overall talent management strategy.
An effective competency model addresses Management Development, Career Development, Re-skilling of Employee Population, and Higher Employee Retention.
Download this whitepaper to understand:
- Drivers and evolution of competency model building.
- Definitions specific to the competency management process.
- Key elements to competency model success.
Download Keys to Competency Model Success
Webcast
Author
ITG Competency Group, a division of Salary.com
Summary
To build a high performing workforce, HR and organizational managers need to focus on developing employee competencies and skills.
Listen to the experts at the ITG Competency Group as they discuss key requirements for success in any competency based workforce initiative and review best practices for ensuring a successful competency implementation that adds value to your organization for years to come.
This Webcast examines the importance of a competency framework and tips to a speedy and successful implementation, including:
- Competency data requirements for your workforce initiatives.
- Differences between competency models and competency dictionaries and why it matters.
- Gaining buy-in from all groups within your organization.
- Reducing the time and cost of your competency-based initiatives by more than 50 percent.
Download Rapidly Deploy Competency-Driven Talent Management Inititiative
Webcast
Author
Rouja Brzozowski and Amy Erickson,
Salary.com Competency Group
Summary
To build a high performing workforce, HR and organizational managers need to focus on developing employee competencies and skills.
Hear the Salary.com Competency Group experts discuss the critical factors that ensure you deliver the desired results from competency models to support your workforce initiative.
This Webcast focuses on the importance of a competency framework and tips to a speedy and successful implementation, including:
- What a competency framework is and why it matters.
- Five key components to building a successful competency model.
- Five common mistakes that limit competency model effectiveness.
- Differences between competency models and dictionaries.
- Integrating existing competency data into a new model.
Watch Secrets to Building Competency Models that Last!
