These resolutions are particularly pertinent to FQHCs, many of whom do not have formal compensation programs, or use systems they may not realize are actually counterproductive.
Every year we provide our clients, colleagues and the world at large with our recommended resolutions for improving the effectiveness of their compensation programs. This year the theme of our resolutions is simple:
Lift your compensation program out of the morass of ineffective and destructive methods that continue to plague the human resources profession and the popular business media.
Effectively — get back to the basics and toss out the gimmicks!
Over the next few weeks we will explore each of the following resolutions in detail:
- Educate all of the key players in your organization about how employee compensation works, and how it should be used to improve organizational performance.
- Build a culture and philosophy that will lead to taking compensation off the table — effectively making it a non-issue rather than a bone of contention.
- Reduce your reliance on market data in favor of an effective internal equity program.
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