Self Managed Teams

What are self managed teams? A self managed team, also known as a self organized team, is a group of individuals responsible for organizing and handling their work without a traditional hierarchical structure or external direction. Members of a self managed work team empower themselves to make decisions and solve problems with the support and…

Strategic Initiatives

What are strategic initiatives? Strategic initiatives are action-oriented, measurable goals for achieving specific objectives and a long-term vision for improvement. The success of these initiatives depends on you deciding the goals you want to accomplish and understanding what the bottom line means. You can achieve desired outcomes by determining the maneuvers and actions required for…

Dysfunctional Conflict

What is dysfunctional conflict? Dysfunctional conflict is a type of conflict that damages employee relations and hinders organizational progress. It can involve behavior such as aggression, hostility, or lack of respect toward others. Dysfunctional conflicts typically involve only one issue rather than multiple points of contention, and they can quickly become heated or personal. Conflict…

Transformational Change

What is transformational change? Transformational change is a type of change that occurs when an organization makes a fundamental change in how they operate. It’s often triggered by changes in an organization’s environment. This type of change can be challenging, but it can also lead to significant improvements in performance. Transformational change typically requires a…

Job Architecture

What is job architecture? Job architecture is a framework that defines and organizes roles within a company, outlining job titles, responsibilities, and required skills. It ensures consistency in role evaluation and compensation, creating transparency and fairness across departments. It also maps out career paths, helping employees understand how they can progress within the organization. This…

Incentive Pay

What is incentive pay? Incentive pay is additional compensation awarded to employees for achieving measurable goals, specific targets, or critical organizational milestones. This pay can take different forms, such as cash bonuses, commissions, or profit sharing. However, it can also be non-monetary, such as employee recognition, professional development opportunities, or personalized experiences. When implemented effectively,…

Gross Wages

Gross wages meaning Gross wages and salaries are the amounts earned by an employee before taxes and deductions are taken from the paycheck. In other words, this term refers to the taxable compensation an employee receives. What is included in gross wages? The salary or wage itself is not the only thing included in gross…

Say on Pay

What is say on pay? Say on pay is a term referring to the law in which the shareholders of a company can vote on the compensation of executives and also on general compensation policies. Say on pay votes can be applied to:  The Say on Pay role is supported by corporate law and is…

Retro Pay

What is retro pay? Retro pay (short for ‘retroactive pay’) refers to compensation added to an employee’s salary to correct an error made in a previous compensation cycle. This situation often arises due to payroll errors, delayed implementation of pay raises, or overtime miscalculations. For instance, if an employee was supposed to receive a raise…

Premium Pay

What is premium pay? Premium pay refers to increased compensation that may be provided to an employee for a variety of reasons: How do I calculate premium pay? Depending on the job and the type of hours worked, the rate of the premium has to be determined. Usually, the premium rate may not be less…