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Many companies set their pay targets at the median or 50th percentile — right in the middle of the market.

The operating environment has become far more complicated while the definition of executive performance has expanded beyond profit and growth, making it far more difficult to set accurate and relevant goals.

The result is engaged workers who feel a closer connection to their work, and who are able to bring more of themselves into the office, even in a remote setting.

However, it’s important to note that the research on employee participation in goal setting is mixed, with other research finding that supervisor-set goals are more powerful than self-set goals.

Just as the CCP and GRP originally set a new standard for our profession, our updated programs will set a fresh global standard for how, what and why we deliver as compensation professionals.

WTW’s 2023 “ Dynamics of Work ” survey found only 21% of organizations were allowing globally remote work and had set up policies and frameworks around the concept.

Policy Changes on Comp and Talent Management , Workspan Daily article;Consider Performance Targets for Setting Executive Incentive Goals , Workspan Daily article; An organization’s refined annual operating plan and longer-term strategic plan in a new year can spark conversations in the C-suite and boardroom about executive incentives.

Examine your current physical setting and explore the behaviors it is inviting.

Labeled the Broadband Equity Access and Deployment Program, the initiative offers $42.45 billion in total funding, with each state set to receive at least $107 million.

Develop a Pay Structure that Sets You Apart Once you’ve done your homework on industry standards, sit down and iron out a pay structure that will bolster your competitiveness.