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Why Your Organization Should Use Salary Benchmarking

Harvard Business

A key solution lies in salary benchmarking — using aggregated market data to establish competitive pay rates. payroll processing company revealed that access to robust benchmarking tools doubled the probability of firms setting the “right” salary. That means employers must find new ways to determine appropriate compensation.

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“Up or Out” Policy

Tom Spencer

It is common for top consulting firms to subject consultants to a rigorous “up or out” policy. If a consultant is falling short, they will normally have opportunities to talk to their manager about areas for improvement and benchmarks to measure progress. Consulting firms appear to employ the “up or out” policy for three reasons.

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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

There are other ways to bill for your talent and expertise but those will be covered in another article. Benchmark so you know your rate is reasonable. As a business owner, right now make up your mind that it is your policy not to discount your rate. It takes practice to quote your consulting billing rate with confidence.

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5 Levers for Creating a Culture of Accountability

Organizational Talent Consulting

Despite careful hiring practices, well-designed employment policies, and digital monitoring, accountability remains puzzling. A recent CEO benchmarking report found that nearly one in five CEOs surveyed identified holding others accountable as their greatest weakness and almost as many struggled with letting go of underperformers.

Culture 59
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Why CEOs Can’t Dance Redux

Rick Conlow

Because of this, CEOs are leaving a tremendous amount of employee potential talent and contributions on the table. As an employee, I am sure you can identify with the poor communication you have seen from your employers related to expectations, priorities, medical benefits, lack of recognition, policy changes, and work procedures.

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Do you think culture and collaboration require an office? Think Again

Brimstone Consulting

An organization’s culture is not a policy, nor can it be achieved through a top-down mandate. But such approaches don’t optimize business performance, innovation, or engagement, because they are blind to the informal networks through which collaborative work happens.”. Cultivating Culture.

Culture 97
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The “Smart Society” of the Future Doesn’t Look Like Science Fiction

Harvard Business

Surely, given the size of the opportunity, increasing interest among governments and policy makers, and the explosion of relevant technologies, we can start to understand what smart societies are and establish standards and ideals to aim for. Its building blocks are what governments and policy makers aim to provide for their citizens.