July 21, 2008—A few weeks back, Jim and I wrote a blog on merit pay and COLA increases. We have received a lot of questions both on the blog and through our direct e-mail pertaining to this issue. Because of this, we created an audio roundtable discussion on the topic.
The speakers on the discussion are Jim and our Executive Compensation Practice Leader, Don Lindner, and our Global Practice Leader, Adam Sorensen, moderating. Please check it out and let us know what you think.
Paul Weatherhead Program Manager Member Since: 5/1/2000 Comments: 467
Great roundtable discussion! A "must" for anyone new to the Compensation business; and a reminder for all of the problems with linking Compensation policy to CPI escalators. Only 20 minutes long, so its easily digested.
E James Brennan, III Senior Associate Member Since: 4/19/1979 Comments: 323
Basic and rather superficial, although it did eventually get to some of the major issues: 1. pay by spending v. performance; 2. inflationary cycles; 3. managing expectations and 4. unidirectional flux. Never addressed "what is THE COL?" nor gave specific prescriptions.