Year-in-Review: Top 5 Rewards Articles of 2018

December 12, 2018

So much has happened in 2018 – have you taken the time to sit back and reflect? As the year winds down, we’ve compiled this list of the top rewards-related articles your peers have been reading so you can dive in and catch up (if you haven’t already).

5. First Look at 2018 Chief Human Resource Officer Compensation

The CHRO is considered a strategic business partner at many organizations and compensation reflects this fact. The strategic role of the CHRO continues to expand as companies get better at measuring the value of human capital to organizational success. A competitive talent landscape has elevated the need for the CHRO to focus on total rewards. As such, it’s not a surprise that median compensation for CHROs continues to increase. Has target total compensation for CHROs changed? Are they eligible for LTIs? Here’s what you should know.

4. First Look at CEO Pay Ratio

The intent of the CEO pay ratio disclosure rule is to provide shareholders with some sense of the relationship between CEO compensation and employees. Public companies are required to report the ratio of CEO annual total compensation to the annual total compensation of the median employee. How is your organization navigating the complexities of this new corporate governance issue?

3. Top 4 Reasons to Develop a Global Job Leveling Framework

One of the most common challenges HR leaders face is ensuring there is a systematic way to compare the value of work across the organization. HR and compensation leaders need to evaluate the nature of work done and relative impact of each job, which means analyzing the job responsibilities, the technical and behavioral skills needed to perform the tasks, and assessing the business outcomes. Implementing a global job architecture can be a daunting task, but organizations have been pressing to complete implementations at a faster pace. That means having the right data and expertise at your disposal. Your efforts will pay off; here are four compelling reasons to do it.

2. Do Global Salary Increase Projections for 2019 Point to Stronger World Economy?

Salary increase budgeting is always an area of interest for our readers. Companies in all parts of the world have generally been seeing growth in their salary budgets. We consider this to be an indicator of a healthy improvement in the overall world economy. If you are looking to build a salary increase budget now or in the future, these tips will help.

1. Compensation Planning for Millennials: What They Value and How it’s Changed

Millennials — commonly defined as individuals born between 1981 and 1996 — comprise a significant portion of the workforce. By 2020, projections indicate half of the workforce will be millennials, and by 2025, it will jump to three quarters. That’s why it’s more important than ever to devise creative and effective compensation strategies to attract and retain this generation of talent. Planning and customizing employee rewards for this generation can be key in helping you set your organization apart. How do you stack up?

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