Comments on: Total Compensation in the Age of Cholera http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/ Know More HR. Mon, 15 Mar 2010 20:45:28 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Nick http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/comment-page-1/#comment-6748 Nick Thu, 27 Nov 2008 05:40:07 +0000 http://www.knowhr.com/blog/?p=1096#comment-6748 Hi Frank: you know, when the economy is good companies still struggle to keep talent, because many of their competitors are hiring and willing to pay more for scarce talent pools. The point about pay leverage is interesting, this means that companies are actually smart to setup high variable amounts so that their costs adjust with how they perform. Retention though, is another issue. Time for the good old "case by case" adjustments for those employees the company really cares about, when available. Hi Frank: you know, when the economy is good companies still struggle to keep talent, because many of their competitors are hiring and willing to pay more for scarce talent pools. The point about pay leverage is interesting, this means that companies are actually smart to setup high variable amounts so that their costs adjust with how they perform. Retention though, is another issue. Time for the good old “case by case” adjustments for those employees the company really cares about, when available.

]]> By: Frank http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/comment-page-1/#comment-6131 Frank Sat, 22 Nov 2008 13:30:13 +0000 http://www.knowhr.com/blog/?p=1096#comment-6131 Greg, that is a model that works. I'm not sure that you could get people to cooperate that much in this day of instant and continuous gratification. We may need to find out, though. Greg, that is a model that works. I'm not sure that you could get people to cooperate that much in this day of instant and continuous gratification. We may need to find out, though.

]]> By: Frank http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/comment-page-1/#comment-6132 Frank Sat, 22 Nov 2008 13:29:16 +0000 http://www.knowhr.com/blog/?p=1096#comment-6132 Laurie, I'm going to write Total Compensation in the Age of Cholera. Or...HR in the Time of Cholera. It cracks me up to think about it. You should spend a weekend and whip out those other two. Could be a whole series. LOL. Laurie, I'm going to write Total Compensation in the Age of Cholera. Or…HR in the Time of Cholera. It cracks me up to think about it. You should spend a weekend and whip out those other two. Could be a whole series. LOL.

]]> By: lruettimann http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/comment-page-1/#comment-6030 lruettimann Fri, 21 Nov 2008 20:30:54 +0000 http://www.knowhr.com/blog/?p=1096#comment-6030 Wait, I just can't mail my total comp statements and hope my employees feel pretty good about just being employed?<br><br>Also, I love <b>Total Compensation in the Age of Cholera</b>. I also love <b>One Hundred Years of Meetings</b> and <b>Chronicle of Team Building Foretold</b>. <br><br>Great books, all of them! Wait, I just can't mail my total comp statements and hope my employees feel pretty good about just being employed?

Also, I love Total Compensation in the Age of Cholera. I also love One Hundred Years of Meetings and Chronicle of Team Building Foretold.

Great books, all of them!

]]> By: Greg http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/comment-page-1/#comment-6028 Greg Fri, 21 Nov 2008 19:04:44 +0000 http://www.knowhr.com/blog/?p=1096#comment-6028 HP was legendary in the '70s with reducing pay by 20%, giving everybody Fridays off, and forgoing layoffs.<br><br>I wonder if anybody will try that model now? HP was legendary in the '70s with reducing pay by 20%, giving everybody Fridays off, and forgoing layoffs.

I wonder if anybody will try that model now?

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