Managers are frequently faced with the possibility that their promotion decisions will result in negative fallout … especially if there are two or more potential candidates and only one position to be filled.
Many organizations have a mission or vision statement, or even a list of corporate values. Often, employees read them and then put the statements aside. After all, what does vision have to do with the jobs they work at every day?
Many HR professionals are worrying about their 2003 compensation strategies and trying to find some quick fix guidelines/recommendations to present to management.
In the "old days," employer-sponsored training and development programs were reserved for the chosen few, those heirs-apparent in the company. Today, companies are scrambling to attract and retain key employees, so employee incentive packages must now include relevant and significant training opportunities.
Executive compensation continues to climb. It is not as closely related to business performance as critics would hope. In 1998, Standard & Poor’s stock index rose 26.7 percent, and earnings of the companies in the index fell 1.7 percent. But chief executive compensation increased by 36 percent (including exercised stock options).
