Compensation & Benefits Review

Boards of directors, directly and through their compensation committee, bring their own experience and ideas to decisions on compensation for company officers and managers, but they also rely on the staff support, counsel, and guidance of the company's top human resources off icer and compensation staff .

Few executives will deny that staff managers contribute substantially to the performance of their organizations. Should they not, then, have similar opportunities to earn the special rewards that effective organizations grant to those who make outstanding contributions? Here is how one compensation specialist suggests organizations handle...

Believing that there is no such thing as a hazardous occupation, only employees who fall victim to hazards, the author recommends that hazard pay be replaced by a system of hazard-injury indemnity.

More satisfaction can be attained in employee groups by arranging incentives, evaluations, and rewards so that high levels can be achieved frequently, even if this means deferring those wonderful but rare rewards that might be even more fulfilling.