Compensation Force

Practical news, information, tips and musings about employee performance and compensation

Reward Plans in the Face of Economic Uncertainty: Final Call for CF Spot Survey

Our own Compensation Force Spot Survey - Reward Plans in the Fact of Economic Uncertainty - has been up and running now for nearly two weeks.  If you haven't already clicked over to our brief (only 4 questions) survey questionnaire to participate, I urge you to do so now by clicking the link below:

Click Here to take survey

I'm going to keep this going for a few more days, in the hopes of collecting as much data as possible, and then I'll post a summary of results early next week.

It is not my intent with this survey to send more negative energy out into the marketplace (heaven knows that there seem to be plenty already dedicated to that task), because I do believe that we - as consumers and as businesspeople - all contribute to the creation of our own good or bad news.  It is my hope that we all have mostly good news to share in this regard.  But I also know that many of us - including my readers and clients - are facing questions about what changes, if any, are underfoot.  By sharing "where things are at" within our own organizations, I hope that we can help each other get a handle on the bigger reward landscape out there.

Thanks to all those who have already participated - and thanks in advance to any who haven't, but will take a minute to do so now!

Reward Plans in the Face of Economic Uncertainty: CF Spot Survey

Are organizations changing - or at least considering changes to - their reward plans and practices in the face of growing economic uncertainty? 

I have received a number of questions from readers as well as my own clients regarding the impact of a possible economic slowdown on salary increase budgets, other salary practices and incentive/variable pay plans.  As of this moment, there isn't a lot of hard data out there on whether - and how - employers are reacting to these growing concerns. 

So let's get our own spot survey going and see what Compensation Force readers can learn from each other.   Please take a moment to click on the Compensation Force Spot Survey link in the right sidebar, just underneath my brief bio and the "email me" link.  The survey is purposefully brief, only four questions long.  And when you're finished, please send a link to a colleague at another organization with an invitation to participate.

I plan to run this for a couple of weeks; hopefully we'll gather enough responses to have something insightful and useful to report back then.

Thanks in advance for taking a moment to join the effort.

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About The Author

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    Compensation consultant Ann Bares is the Managing Partner of Altura Consulting Group. Ann has more than 20 years of experience consulting with organizations in the areas of compensation and performance management.

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