Throughout their existence, organizations go through various predictable stages, referred to as organizational life cycle. How do organizations experience these life cycles? And how do managerial strategies and actions at critical points in an organization’s development determine organizational design and structure and whether it will succeed or even survive? Let’s find out. ContentsWhat is an…
Up until about 20 years ago, companies experienced organizational redesign every few years or even decades. Most top executives would have the experience perhaps only a few times in their careers. However, automation and competitive pressures had begun to accelerate the pace of organizational change. By 2015, organizational change had become a way of life.…
In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. As a result, it has probably become…
Organizational design refers to how an organization is structured to execute its strategic plan and achieve its goals. In practice, it’s not so simple because people work together to use information, materials, systems, processes, and each other to get human work done. What different types of organizational design are there? And what are each type’s…
At a time when the economic fallout from the COVID-19 pandemic is creating uncertainty, it is also flattening wage growth. Open conversations about pay have become much more critical for employee engagement and productivity. In response, many companies are reworking their compensation philosophy and policies or planning to do so. In this article, we aim…
The Society for Human Resource Management declared quality of hire as the holy grail of recruiting five years ago. Today, 88% of organizations believe it will be the most significant measure of recruiting success over the next five years. What exactly is quality of hire and how to measure it? Although quality of hire has…
Microsoft Excel isn’t a substitute for your core HR management system or advanced people analytics, but as a day-to-day tracking and ad hoc reporting tool for HR, it is hard to beat. Using human resources formulas and functions in Excel to answer questions and make better decisions will help you along your road to becoming…
Behaviorally anchored rating scale (BARS) in performance management is nearly a 60-year-old concept. One reason it has persisted this long—that organizations still pour time and resources into building and maintaining these scales—is that it is defensible. It’s hard to challenge judgments based on direct observation of behavior. So how can behaviorally anchored rating scale fit…
Being unable to close the talent gap at your organization is a serious issue, leading to missed opportunities and lost business now and in the future. But how can you figure out what skills you need to bridge the talent gap? Companies that embrace people analytics to uncover and bridge these gaps within their organizations…