What Belongs in a Total Compensation Statement?
A well-crafted total compensation statement should include key parts of the organization's EVP (employee value proposition) in addition to the core elements of total rewards.
A well-crafted total compensation statement should include key parts of the organization's EVP (employee value proposition) in addition to the core elements of total rewards.
January 10, 2012
New requirements on reporting healthcare costs on employees' W-2 forms may cause some employers to think of the W-2 as a replacement for a total compensation statement. Doing so, however, would be a mistake.
December 20, 2011
Is the phenomenon of people staying in the workplace long past the traditional retirement something positive, or yet another sign of our economic malaise?
December 15, 2011
A new survey from payroll company ADP finds that HR professionals believe that 4 out of 10 employees lack a full understanding of their employee benefits.
November 28, 2011
Choosing well during open enrollment is one important way to maximize your total compensation package.
September 4, 2011
A brief post in honor of Labor Day – links to three interesting articles: Do Happier People Work Harder - Two researchers discuss their findings on employee engagement. Robert Reich reflects on changes in the U.S. economy over the past several decades in a piece entitled The Limping Middle Class. And, finally, an article from… [Read more…]
August 31, 2011
Charlton Consulting Group is excited to announce the introduction of ExpressTCS, a Web-based service designed to enable smaller employers to communicate the total rewards/total compensation message in an efficient, cost-effective fashion.
August 2, 2011
Three news items caught my attention today. The first comes from economist Jared Bernstein’s blog where he notes that real compensation – i.e., wages and benefits, adjusted for inflation – continues to fall. The second tidbit, from CNNMoney, discusses a recent Mercer compensation survey which found that the average increase in base pay in 2012… [Read more…]
July 26, 2011
Telling your organization's total rewards story help to cement the organization's position as a strong competitor and employer of choice.
July 20, 2011
Communications – specifically, communications to employees around their pay and benefits – is a primary focus of my firm. So it was with great interest that I read an article at The Atlantic Web site entitled The Case for Making Wages Public: Better Pay, Better Workers by Daniel Indiviglio. The basic question Indiviglio asks is:… [Read more…]
January 17, 2012
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