What role does human resources play in the development of a sales incentive plan? Is HR an equal partner with sales and finance or merely asked to deal with the administrative details after the "strategic" decisions are made? To meet the growing need of HR professionals to increase their relevance to the sales function, WorldatWork has introduced a new certification to achieve the designation of Certified Sales Compensation Professional™ (CSCP).
Alliance for Work-Life Progress (AWLP), an entity of WorldatWork that defines and recognizes innovation, best practices and work-life thought leadership, recently announced the recipient of the AWLP Work-Life Rising Star Recognition Award. Now in its fourth year, the AWLP Work-Life Rising Star recognizes stellar professionals who exhibit a combination of professional and personal attributes that demonstrate emerging leadership and growing contributions to the work-life community. The recipient will be acknowledged publicly at an awards ceremony during the WorldatWork Total Rewards Conference & Exhibition to be held in Grapevine, Texas, on May 18.
Total rewards, a system developed within the private sector in the past five years, is a viable approach in the public sector, despite certain unique programmatic applications, such as variable pay and pay for performance. This was the key finding in a WorldatWork white paper released today titled, Total Rewards in the Public Sector: An Opportunity for Integration and Communication.
In response to the sluggish economy, many corporations either froze or cut pay in 2009. Even as the economy starts showing signs of life, a majority plan to remain conservative when it comes to pay practices in 2010.
As public and media scrutiny of CEO pay continues unabated, organizations may be focusing on external communications to manage public perception when they should be equally focused, if not more so, on internal communications.
Incentive plans that can be easily discerned and executed are most effective
Nothing can be more demoralizing to a sales force than a complicated, confusing, convoluted sales compensation plan. To help streamline sales compensation design, WorldatWork, a global association of human resources practitioners, has just published a new book, Sales Compensation Made Simple.
The struggling economy has left companies large and small to struggle with the best ways to reduce costs and protect their bottom line. Many organizations have resorted exclusively to layoffs — a painful and often ineffective method of trimming expenses during a cyclical downturn. This heavy reliance on layoffs is contributing to a national unemployment crisis that is further eroding business, thus jeopardizing a timely economic recovery.
In this difficult economic climate, many organizations are finding it more challenging than usual to meet their sales and revenue goals. As companies struggle to find ways to improve sales and profitability, the first place they look to adjust is their sales compensation plan. A new study by WorldatWork, "Survey of Sales Incentive Plan Revisions 2009," found that nearly two-thirds of organizations changed sales compensation plan design in 2009.
New research highlights need for employee financial education and communication
In this economic climate, many employers are reviewing employee benefits and cutting back on those programs that are no longer considered impactful or cost effective. Given the volatility in equity markets, changes in accounting rules and growing cost constraints, will employee equity plans remain effective and viable in the future?
WorldatWork, a global human resources association with offices in Washington, D.C. and Scottsdale, AZ, has announced its newly elected 2010 Board of Directors.
WorldatWork just released the results of its Web poll on employers’ preparations for a possible H1N1 pandemic. With 430 participants, the Web poll shows that a large majority (68 percent) of organizations are being proactive and are treating this as a potential health emergency. Some 19 percent are treating it like any other flu, 10 percent are taking a wait-and-see approach, while three percent are not even discussing it.
U.S. Senate and House of Representatives Pass Resolutions
Washington, D.C. – Recognizing the importance of employers and employees working together to achieve more balance between work and family, Congress has declared October to be National Work and Family Month. The recognition was made official on October 14, when the U.S. Senate unanimously passed Senate Resolution 296 and the House of Representatives unanimously passed House Resolution 768.
Hong Kong – The WorldatWork Total Rewards 2009 Asia Pacific Conference took place in Hong Kong at the JW Marriott Hotel from 7-9 October. The conference, which gathered nearly 200 HR practitioners, business experts and renowned thought leaders under one roof, provided a platform to exchange knowledge, get updated on current trends, and share the latest strategies and best practices in human resources and total rewards.
WorldatWork and AWLP Lead Month-Long Campaign to Promote Work-Life Effectiveness
Washington, D.C. — Members of Congress in both houses have introduced resolutions to officially designate October as National Work and Family Month, a national awareness campaign that promotes work-life effectiveness as an integral element of the modern workplace.
Business Continuity Planning: A Guide for Total Rewards and HR Professionals
With the flu season fast approaching and news of the spread of H1N1 (swine flu) grabbing headlines, companies are being urged to prepare for a temporary loss of workers who are out sick or caring for sick family members. WorldatWork, a global human resources association, has created a free resource to help employers plan for higher than normal worker absenteeism that may result from the swine flu pandemic.
Workers Expecting Decline in Value of Rewards Programs
The cost-cutting actions that employers have been making to deal with the economic crisis have caused a sharp decline in the morale and commitment of their workers, especially top performers, according to an annual survey by Watson Wyatt, a leading global consulting firm, and WorldatWork, an international association of human resource professionals.
Research suggests employers remain strongly committed to the
employer-provided health-care system
WorldatWork has submitted comments on health-care reform to the U.S. Congress. WorldatWork comments, based on its recent research, included these key findings.
Alliance for Work-Life Progress (AWLP), an affiliate of WorldatWork, is now accepting submissions for the Work-Life Innovative Excellence Award and Work-Life Rising Star.
Established in 1996, the Work-Life Innovative Excellence Award is the highest honor bestowed by AWLP to recognize organizations that have developed outstandingwork-life programs. Progressive organizations like Accenture, KPMG and Pepsi Bottling Group and more have all been recipients of the AWLP Work-Life Innovative Excellence Award.