« Dearth of Honest Mercenaries | Main | You Are What You Pay For »



Feed You can follow this conversation by subscribing to the comment feed for this post.

Great piece, Margaret, and the first I've seen talking about August in the Compensation Department. "Calm before the storm" indeed! Lots of folks are away on vacation this month as well, recharging batteries before Labor Day. Few decisions are made here.

Btw, one consideration I'd add to your piece is to have lunch with your counterpart in Finance. The better you're able to work with these folks the more likely you can avoid the 4Q back-and-forth over next year's merit spend. You know what the employees should receive to remain competitive, while Finance knows what the company is capable of / willing to spend (affordability). If the HR / Finance discussion waits too long, any HR input will be marginalized.

Thanks, Chuck. Great point about Finance. A closer relationship will definitely pay off. Sooner rather than later -- thanks for reminding us!

The comments to this entry are closed.