Pay Transparency vs. Meaningful Conversations

Pay Transparency vs. Meaningful Conversations By James T. Stodd, MS, SPHR, SHRM-SCP August 21, 2018   One of today’s hottest HR topics is pay transparency. Of course the word “transparency” in itself implies a penetrating view, perhaps all the way up to full disclosure. That level of disclosure may be appropriate for government entities with…

Positive Psychology, Employee Engagement and Rewards (Part I)

© James T. Stodd, 2017 Positive Psychology, Employee Engagement and Rewards (Part I) By James T. Stodd, MS, SPHR, SHRM-SCP January 5, 2017 This article is about the positive psychology movement, workplace motivation (aka “employee engagement”) and rewards, particularly the use of “pay”. Before getting into a detailed analysis, let’s start with some understanding of…

The Psychology of Effective Incentive Plans

The Psychology of Effective Incentive Plans By James T. Stodd, SPHR, SHRM-SCP August 1, 2016 When it comes to making our variable pay programs effective, dramatic improvements can be made by applying some core principles from the psychology of motivation. Much of the research and related theory dates back many years to the pioneering work…

Communication and Successful Pay Strategies

Communication and Successful Pay Strategies By James T. Stodd, SPHR, SHRM-SCP March 23, 2016 A lot is being said and written these days about pay transparency and communication from a socioeconomic and regulatory perspective. However, this article is intended to address the need for better pay communication from the broader standpoint of “strategic advantage,” and…

Variable Pay Plans: Selecting the Right Approach

Variable Pay Plans: Selecting the Right Approach James T. Stodd, MS, SPHR, SHRM-SCP December 10, 2015 What we are seeing today may well be the advent of a new era in employee compensation. In this era, the continuity and security associated with compounding salary increases is being willingly (or not so willingly) exchanged for more…