Talking Reward Podcast

Tom McMullen is a Senior Client Partner and Rewards Expertise Leader for Korn Ferry Hay Group with 30 years of experience.  Our discussion focused on compensation aspects of rating-less performance management. I also asked Tom what trends and topics his clients are dealing with at this point. Topics that compensation professional deal with: Efficiency, effectiveness and connectedness Assessing effectiveness of C&B programs Pay Equity What changed over the time Tom has been in consulting: we live in a sped-up world - turnaround time is faster than it’s ever been life-cycle of business strategy shortened and thus, talent and reward strategies need to follow simplification of messages best reward programs are not differentiated by sofisticated strategies, but by what can be implemented and embeded in an organization and how they link to business strategies what differentiates most admired companies from the others - the success of their e’ee communication (also utilizing managers to this (more than HR)