Compensation – Making Sense of Dollars & Cents

by: Chris Hingle

Talented executives gravitate toward firms where the structure of the pay – not just the amount – is consistent with their culture. In my 25 years advising businesses, I’ve learned that compensation reflects not only the value placed on employees, but also the environment they work within. Just like the different grades of fuel that determine your car’s power, pay packages should match your organization to ensure maximum performance. Here’s how:

Know Your Culture:
The first step to considering executive compensation is examining the company’s culture, philosophy and mission. A demanding, high-performance environment requires premium-level pay, while a slower-paced job does not. Likewise, the way compensation is structured should reflect the employee and the demands of his or her job. An executive attuned to the high-stakes environment of a startup, for example, will expect performance incentives that differ from those at an established company with a longer outlook. Finding the right combination of base salary, bonus and benefits matters as much as the total amount offered. In short: Your choice of compensation should not be dictated by dollars and cents, but by common sense.

Be Consistent:
Making thoughtful compensation decisions over the long term helps protect the company during uncertain times. If your employees, their jobs and their salaries are matched well from the beginning, your company will develop a reputation for being consistent in how it compensates executives, regardless of the broader economy. Resist the temptation to hire at a lower salary than a position demands simply because the job market is poor. While doing so may save money in the short run, the result often is that the best employees leave as soon as the economy improves.

Professional Guidance:
At Christopher Frederick, we go the extra mile to tackle the industry’s most challenging searches and recruit only the best executive talent.  It starts by listening. With 25 years in business, we’re experts at learning the nuances of a company’s culture and goals. We also delve into each applicant’s goals, motivations and attitude to find the best match for our clients. The result is a world-class executive who is not only qualified, but ready to guide your team to new heights!

Contact:

Chris Hingle: 1-800-EXU-FIRM, ([email protected])

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52% of American workers admit to searching the internet for information about their colleagues and managers; hoping to find some juicy gossip to spread around the office.

A study of 1,092 American workers, commissioned by Yasni people search, has revealed that 52% admit to searching online for their colleagues’ and managers’ social networking pages, blogs they have commented on and forums they are members of, in the hope of finding out some hidden secrets about those they work with.

By searching on social networking sites, forums and blogs, Americans are able to find pictures, comments or status updates that may give a deeper insight into their fellow workers and management. This may ultimately lead to better relationships within the workplace, as people will know who they share similar interests with and how to strike up a conversation that will truly impress the boss.

For searches like this, Yasni reveals accurate results; checking a person simultaneously on more than 100 online sources within seconds and collating the most relevant information.

Andy Barr, CCO of Yasni had the following to say;

“The statistics represent how U.S. people are benefitting from the services Yasni has to offer. More than half of employees have the advantage of knowing what their manager likes to do in their spare time and what better way to impress your boss than to show an interest in their favourite hobby?

“However, we are also highlighting the importance of checking your own online reputation as there have been incidents across the world whereby members of staff have been disciplined and even sacked for writing inappropriate comments about fellow members of staff, phoning in sick and then uploading photos of a wild night out or just updating their social networking status throughout the day, when they should be working.

“As we always stress, it is important for people to remember that social networking is just that; ‘social’. Therefore all information should be used intelligently and with discretion.”

***ENDS***

For more information about Yasni visit http://www.yasni.com

Logos and images of Andy Barr are available on request

Further information about Yasni:

Emma Stockley, 10 Yetis PR

Tel: +44 01452 348 211

E: [email protected]

Note to Editors

About Yasni (www.yasni.com):

Yasni is the world’s most popular people search website with more than 26 million page requests and approximately 10 million visitors on six continents each month.

People search, which accounts for nearly one-third of all search queries on the Internet, is one of the largest online markets as more and more people turn to the Web to find information about old friends, co-workers, business partners, job applicants, neighbours, prospective mates and much more.

In just a few seconds, Yasni provides a free and comprehensive overview of people and their associated networks, including contacts, pictures and other publicly available information.

Yasni is also the ultimate resource to control one’s online reputation and manage what information is available about them on the Web.

New York, NY – April 4, 2008 – BarterQuest.com, a Web site under development, announced that its parent company has initiated the process to establish international patents related to its proprietary trading and matching systems. BarterQuest.com will be a trading platform for the individual consumer that automatically matches the haves and wants of potential traders.

Dr. Paul Bocheck, the President of the Company, stated that “this will importantly extend the protection that is afforded by the U.S. domestic provisional patents filed in October 2006 and the three non-provisional patents filed in July 2007. BarterQuest will be a global site that supports trades in goods, services and real estate. The site will provide users with the unique ability to automatically navigate their trading alternatives to identify potential trades that respond to their specific preferences, whether such trades are between two parties or require multiple parties for their successful completion.”

BarterQuest.com is owned by JPM Global, Inc., a Delaware corporation. BarterQuest.com will be an interactive Web site for the cashless exchange of goods, services, and the use of real estate between individual consumers. Key word searches and the automatic matching of the haves and wants of users will facilitate two-party and multi-party trades. The Web site is undergoing alpha testing and will launch in 2008.

Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.

Contact:
Bianca Han, Executive Vice President
JPM Global, Inc.
231 West 29th Street
Suite 906
New York, NY 10001