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Why thinking in averages is below average thinking – Strong analytics II
Introduction As a reward specialist I am asked questions like, what is our pay inflation going to be next year? I used to go away, do research and say 2.4% – having used the historic average. Of...
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Rewarding Reward Podcast http://www.idavidson.podbean.com/
I have produced the fourth podcast in the series “Views over the City” http://www.idavidson.podbean.com This podcast covers pay and reward issues on a global basis. This podcast includes: Banking...
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Pay round processes – a “big data” approach. Including the add-on benefits to...
Introduction The key to using data intelligently in HR is to start with the business numbers. This article is about how to structure a pay round driven by business results. It focusses on data rather...
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Pay round visualisations – Strong analytics III
Introduction An important part of any pay review is reviewing pay. That is looking at pay modelling, outputs and outcomes. My experience says that the 80/20 rule applies. 80% of the pay round...
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Pay reviews; the Compa ratio magic. Strong Analytics V
Introduction We are, in most organisations, in pay and bonus round season. I have been involved in running pay and bonus rounds for over fifteen years. One of the most helpful ratios and presentation...
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