Comp + Coffee

We talk a lot about ways to map to business needs on this podcast, but today we thought we'd take it beyond just talking.   In today's podcast we cover which books have most influenced members of the Comp + Coffee and Payfactors teams. And we cover a wide range of topics, not just business-y books!   If you find this interested and want to get in on a Comp + Coffee book club, drop us an email at coffee@payfactors.com.

In this episode we recap the first annual CompCon, a gathering of compensation revolutionaries. We discuss: Why there’s an appetite for something different, both from a conference standpoint and compensation standpoint All the new compensation ideas circulating around How often fair pay came up at the conference, and what it means for compensation management How compensation pros can improve communication And much more, including what’s on tap for CompCon 2019. Want to stay in the know? Just enter your email address at https://compcon.com/

In this episode we discussed the results of our recently released 2018-2019 salary budget survey report, we talk about the purpose of these surveys, and spend a little time on what the future of these surveys might look like. Download the free 2018-2019 Salary Budget Survey Report at:https://info.payfactors.com/salary-budget-survey-2018

Jason Averbook, CEO of LeapGen and CompCon keynote joins us to discuss: Why now is a time in HR that's unlike any that have come before Why HR should go away as a department And what the future of HR...or the people team...might look like   Come see Jason speak at CompCon in Boston on: Why is data and foundation so important? Why is employee experience so important, and what does HR need to drive that? How do you think about the difference between automation and digitization? What skillsets does HR need going forward? http://www.compcon.com

On this #AgedandSage episode, we pick up a new format that will appear from time to time. On #AgedandSage we'll speak with comp professionals about what's aged, that is what's something that used to work that no longer works for them. And then what's sage, or what's something new that's working well.  On this episode we talk with Romaine Lewis of Navigant Consulting. 

As we gear up for CompCon (http://www.compcon.com) and the equal pay topics we'll be covering there, we welcome Megan to the podcast. Megan shares her very recent equal pay saga. 

In this episode we talk about the traditional structure of incentives and rewards, the differences between them, and how to personalize them.

Fresh off of his World at Work Total Rewards 2018 talk, "The Compensation Revolution: Technology's Transformative Effect on the Industry," that was presented with Elizabeth Blencoe from T-Mobile, Jeff Laliberte stops by to discuss why the old was of doing things is just that, and what's on tap for the future of compensation management.

In this episode we welcome attorney Steve Weatherhead to give us a recap and an update on the Massachusetts Equal Pay Law. This law in Massachusetts is scheduled to go into effect on July 1st, 2018. We cover the following topics and more: What defines equal pay? What is comparable work? How do pay for performance factor into the law? What are the newest developments? Steve Weatherhead is a partner at Marathas Barrow Weatherhead Lent. Learn more about Steve and contact him at https://marbarlaw.com/steven-d-weatherhead/.

Annual reviews often get a bad rap. But why are they the way they are? And what would happen if we could rebuild them entirely? Interested in hearing more on the future of compensation? Register for CompCon — http://www.compcon.com and use the code COFFEE for a discount.

On this episode we welcome former Netflix Chief Talent Officer Patty McCord. We chat with Patty about her new book, “Powerful: Building a Culture of Freedom and Responsibility” along with a host of other topics that include compensation, recruiting, employee engagement, retention, and Patty’s upcoming keynote at CompCon (http://www.compcon.com). Like this episode? Leave us a review on Apple Podcasts and tweet @payfactors.

In this episode we welcome Paul Reiman, to talk about the future of compensation. Paul is the head of rewards and HR operations for Commvault, a global provider of data management software and related solutions. In his role he oversees the global vision and execution of the organization's compensation, benefit, mobility, HR systems, and HR analytics programs. Paul also founded GetNerdyHR, a blog and podcast devoted to creating a better (and nerdier) way of doing HR. You can access the "jobs most likely to be automated" article Paul mentioned here: http://blogs.edweek.org/edweek/high_school_and_beyond/2017/08/are_you_helping_students_prepare_for_jobs_that_will_be_lost_to_automation.html Paul will also be a speaker at CompCon. Register now at http://www.compcon.com, and use the code COFFEE for a discount.

In this episode we welcome Bill Coleman, COO of Payfactors to discuss: Why companies are looking to be more flexible with comp programs The differences between entitlements and bonuses Are promotions happening more quickly? How do current compensation trends affect the war for talent? Why some companies have attempted to add a lottery component to their bonuses NY Times article, “Where Did Your Pay Raise Go? It May Have Become a Bonus.” https://www.nytimes.com/2018/02/10/business/economy/bonus-pay.html Interested in getting together with the comp community and exchanging ideas? http://www.compcon.com. Use promo code COFFEE.

A special announcement about CompCon! https://compcon.com/

In this episode we talk about what effective communication is, and how you can effectively communicate compensation to your organization. We talk about communicating to different levels of the organization, e.g. executives, managers, and employees. And most importantly, we remind you to speak with your organization and listen to what is said. Here are the links we mention in the podcast. Developing personas (questions to ask in your org): https://info.payfactors.com/communicating-compensation-guide-to-developing-personas-lpnd Communicating comp to different levels of your org: https://info.payfactors.com/communicating-compensation-tip-guide-to-communication-lpnd How to effectively communicate compensation: webinar:https://info.payfactors.com/communicating-compensation-on-demand-webinar And we recently announced CompCon! Come join as gathering of compensation revolutionaries in Boston this September! https://compcon.com/

Findings from Payfactors' roundtable event in Massachusetts, where we discussed the effect salary history ban laws are having on compensation management. Specifically we cover: * These laws are bringing compensation to the front. Your recommendations and data need to be on point. * There are a lot of concerns, both internal to organizations and with the laws themselves. * What’s needed in a big way is a ton of training and messaging for executives, managers, and even employees. * Most compensation management pros thought they were in good shape, until they started to dig. * These laws will invoke positive change. P.S. We are hosting more of these events in 2018 -- maybe we'll be in your city? Tweet at us @shawnlavana and @kaiterosa.

We talk with Emily Martin, General Counsel at the National Women's Law Center (https://nwlc.org/staff/emily-martin-vice-president-and-general-counsel/) about the new salary history laws that have come into play this year.

In the quick introductory podcast, we introduce your hosts, Shawn and Kaite, and set the stage for this brand new show that will discuss all things compensation (and a little HR).