Posts Tagged ‘Compensation’

Is there happiness at work? I think that for the majority of people this is more of a utopia than a “possible reality”. But companies will have to start to worry about the people working under their roof, not just them but also their happiness—unless they want to lose their talented employees, or if they [...]

During times of crisis like now where the financial outlook impacts all business decisions, managing our main capital, the people themselves has become vital for breezing through this complicated situation. During bonanzas, all our efforts focus on retaining talent, adapting our salary policies in a bullish market, defining compensation policies… However, in down times everything [...]

The first time I heard of emotional salary, I thought “They don’t know what else to invent for raises. Instead of a salary raise, let’s raise morale!”

As if it were a constraining, negative and an oversimplified thought, I started to research what this emotional salary was all about and I found an interview with Carmen Povedano of a few years ago. Three statements gave me a pretty good idea, “Compensation is important for anybody, but what is also important is that more and more people (including executives when their basic needs covered) prefer to renounce salary raises (and even promotions) for life work balance between their professional and family lives, and there are companies who are losing talent simply because they do not recognize this.”

Our culture is changing. Of course salary is vital. I know very few people who are privileged to work for fun.

Despite the undeniable importance of this “monetary” salary, society is talking of the work environment, compensation measures, equality, flexibility, teleworking, professional career development, recognition and rewards plans—unthinkable things 15 years ago. Given society is changing, it is also necessary to modify our ideas on work compensation, and that is where the latest buzzword emotional salary comes in. With the purpose of coming to grips with this concept, I jotted down on a piece of paper a list of salary compensation items that go beyond the usual ones, and once I identified (over 100!) and classified them, I had a good bird’s eye view of all the ones companies could use to better reward their employees.

We are pleased to share with you the birth of our new blog. Meta4 experts will put forward all their “musings” as well all the latest advances in the world of human resources. We hope this blog will be useful for all surfers looking for information on developing and retaining talent, global human resources management, [...]