Posts Tagged ‘compensation’

The Politics of Fair Pay: Revisiting the Wage Gap

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Pol of fair play #3Fixing the wage gap (even for organizations committed to its eradication) is no simple task.

Last April the country celebrated (read that word with great sarcasm) “equal pay day”, the day that women had to work to in 2014 to be paid as much as men were paid in 2013. Equal Pay Day inspired legislators to push for a vote on the Paycheck Fairness Act that fell short of Senate consideration last April by just six votes.
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Filed under: PSX Articles



The Right Track

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In the face of all the recessions since 1980, employment numbers have simply not bounced back to where there were previously. We need to face the fact that certain jobs are not coming back. Whether they have been sent overseas to cheaper workforces or they have been automated, some positions, most of them less skilled, are gone forever. But it’s not just jobs like cashiers and bank tellers that have been automated or manufacturing jobs that have gone overseas, it is lots and lots of middle level management positions at large companies that have disappeared as well. While this is not good for many Americans, it may be good for business.
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Filed under: Expert Perspective - Organization Development



The Best Compensation Programs are Those Most Frequently Examined

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Expert Perspective from Grahall’s OmniMedia Editorial Board

Kyle Stock was a little all over the place with his February 11 blog in the Wall Street Journal Jobs Report: Wall Street Continues to Tinker With Pay but we thought two points that he made were particularly worth examining.  

Stock writes: “… with the darkest days of the crisis two years gone by, executives are still tinkering with pay policies.”  To which we say, duh. 

“Tinkering with” or at the very least deeply examining pay practices is exactly what needs to be done on a very regular basis and most importantly when economic conditions are changing.
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Filed under: Expert Perspective - Rewards



Get Going Whether Times are Tough or Not: Manage Headcount Regardless of the Economy

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Expert Perspective from Grahall’s OmniMedia Editorial Board

The Great Recession, Economic Recession, Economic Crisis, or whatever you want to call it has (as Robert Samuelson said in an article for the Washington Post: The Great Recession’s Stranglehold)  “…changed American psychology, politically, economically and socially.”  Not only have individual psyches been impacted, but also the “functioning psyche” of companies changed as a result of the dramatic and persistent downturn.     These changes will certainly be long term and very possibly permanent. 

Many companies have weathered the challenges of the economic downturn by focusing on the bottom line: carefully evaluating expenditures to ensure the greatest ROI, outsourcing and off shoring non-essential services, reducing headcount and utilizing contingent and temporary workers.  These adjustments have helped many companies stabilize and even increase profits in these difficult times.    The question remains why did it take the most significant financial crisis of the past 70 years to get companies to take these logical steps? 
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Filed under: Expert Perspective - Organization Development