Category Archives: Compensation

On my way!

Today I took the GR7, Introduction to Global Remuneration test through World At Work at Pearson Vue. I was really nervous for many reasons – I hadn’t studied as much as I had wanted to, the text was full of detailed information that was really confusing in the details, and other stuff.

Part of the other stuff was hanging over my head the cost of this course/test on my credit card since the work reimbursement policy changed to only reimburse after a completed/passed course. Before it was half up front, half when passed. I suppose it is good for both parties, as the company doesn’t have to pay for longer and it doesn’t have to chase after funds if the course isn’t passed.

That and I was in a car accident over the weekend. It both stole study time as well as made it very hard for me to concentrate while taking the test (cognitive) and the pain was very … painful and distracting.

Luckily, I managed to pass. It would have been nice to have a higher score, but I’ll take what I can get. Onwards and upwards!

Global

I was thrilled that my manager urged me to take the final two courses that are the difference between the CCP and GRP. I’m working my way through the Overview course, knowing that the financial one would be harder.

I didn’t realize how complex this overview would be.

I appreciate that the course has been recently updated. I’m thrilled that there are many things about various countries or regions I already knew.

But there is so much, that I feel overwhelmed. I worry about how detailed the test will be. Based on other courses I guess the test will be 75-90 questions.

I know this will be worth it. Considering that compensation is becoming a standard module to Human Capital Management (HCM) systems, and those are growing to be global. There are enough companies out there using HCMs that have employees world wide, that they need to have flexibility to handle taxation and addresses that oddly is not taken into the design process.

I’m excited by the carrot my manager offered me, that I will be at the leading edge of this compensation module for my company.

Workplace sexism

In the past six months I’ve had three managers. The one I was hired by resigned, moving the entire team to his boss. After a while, that guy was told he couldn’t manage folk two-three levels below him, so we got redistributed to new-to-us managers.

Before my initial boss left, we did the annual review process (four months early.) The way he and his boss both handled my engagement, successes, and professional growth both externally and with internal products was underwhelming. To the point both discouraged me from seeking additional professional development outside of our company, asking me to focus on the product we support.

Ok, that is great. Except that I’ve been mentoring and training others on our internal product for over a year. I am constantly sending suggestions or writing up how to documents both for internal and external use, and acting as a support to peers on said product. I’ve clearly demonstrated an expertise on it.

I was sorely disappointed that with my 13 years experience in the field, 9 years experience in the industry of HCMs, having a degree and multiple certifications that I wasn’t even given the target merit increase this year. That I wasn’t brought up to market rate for someone with 1 year experience in the field. Never mind that I’ve spoken with my local peers and all the women are $10k+ underpaid compared to the men with often less experience and no certs or degrees in the field.

I had asked my former boss’s boss if the gender inequality was reviewed. He hadn’t even thought of it, let alone looked into it. He knows I know Compensation. Just the ease I displayed in using terms and concepts, never mind those wonderful three letters after my name.

My current manager is a breath of fresh air. SHE encourages me to seek out professional development both on our product and externally. She recognizes my expertise and all I have done to help others. She comes to me to double check others work or to help figure out very difficult things.

I was exceedingly thrilled when in one conversation I flat out asked her, “It sounds like you are grooming me for a promotion. Is this your intent?” She confirmed it was. Woohoo!

I find it very interesting how different the management styles and how they view me and what I have to offer are between the men and women in the business unit. I’m not prepared to say it is the whole company, because it is clear looking at the C suite that isn’t the case.

Certified Compensation Professional

Today I took (and totally crushed) the T4: Strategic Communication course.

The test was 84 minutes (plus 6 for orientation to the test) for 75 questions. As I suspected from the course material it was the “old” version that I expect will be updated in the next few years. I figured it out since it still has global items integrated with the material. This meant the test was very cut and dry with maybe 5 questions that you had to pick the best of three correct answers.

I am super proud to state that this was the final test to obtain the Certified Compensation Professional.

 

Pokemon Go and the future of busines

Pokemon Go has taken over everything it seems. Everyone is talking about it, many are playing it. I’ve seen a lot of stories – good and bad – as well as how this is impacting business. From developing new businesses (uber driver for Pokemon hunting, at slow speeds to simulate walking) to how to regulate it in the office.

What I haven’t heard from anyone yet is how this will change business in the future. We already have the ability to have targeted ads at bus stops and technology that was so far fetched that Star Trek predicted it decades ago. But how can augmented reality impact shopping and improve our lifestyles?

Pokemon Go is changing not just gaming, but our very lives. Those who think of how to use similar (or better) technology to improve business, lifestyle, and health of the world will be on the cutting edge. I’m willing to bet, as my dad says, dollars to donuts, that in two to three years we will see the beginnings of what entrepreneurs and visionaries are starting to work on right now. In five years this sort of thing will be common place. In ten years we will have evolved way past this and onto the next life changing thing.

How can you prepare your business to function better, faster, more efficiently, increase margins to position itself in that future? How will your workforce change? How will your policies and procedures change? Think about the myriad opportunities for team building, recognition, retention, even impacts on health insurance rates and employee wellness programs. How about recruiting? Compensation plans and strategies?

At the very least we know that battery life will improve exponentially in the next year or two. lol I look forward to when transporters aren’t just for Sci Fi media. 😉