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Strategic Goal Setting If you don’t have specific goals in mind from the start of your recognition program, you’re going to have a harder time when it comes to measuring success.

Policy manuals, compensation philosophy statements and articles on managing compensation often use the terms “internally equitable” and “externally competitive” in reference to setting pay rates.

But how would compensation design influence the non-CEO executives in our data?

Logistics of Building a GBS Setting a budget is an important early step in crafting a GBS, to ensure the company is capable of maintaining the structure it sets into place.

However, these disasters can have an impact on incentive programs by affecting the metrics and goals set within incentive plans.

;Too optimistic in goal setting.

Setting these “rules of the road” is important when your committee is considering adjustment factors.

Key Takeaways ;HR Leaders Plan to Decrease Hiring Over Next 6 Months; ;Starbucks Sets 2% Raise for All Salaried Workers; ;Boeing Strike Continues in Missouri, Illinois; ;Survey Reveals Growing Use and Misuse of AI Within Workplaces; ;Report Examines How Engagement Differs by Work Generation; HR Leaders Plan to Decrease Hiring Over Next 6 Months One in five chief human resource officers (CHROs) expect to scale back their hiring over the next six months, according to a new survey released Wednesday, Aug. 20, by The Conference Board.

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