Category: From the CEO
Common Compensation Errors - Workscape CEO Tim Clifford
[On May 27th, J.P. Donlon, the Editor-in-Chief of Chief Executive Magazine, interviewed Workscape CEO Tim Clifford in a live video webcast to a pre-selected audience. This video is one of a collection of excerpts made available on YouTube.]
In this clip, Workscape CEO Tim Clifford shares his views on common compensation errors and how “getting it right” can have a great impact on keeping your top performers focused and engaged. Tim encourages managers to step away from the all-too-common “peanut butter approach,” whereby rewards are spread evenly across the organization with high performers receiving only a slightly greater share than their peers. The “peanut butter approach” is easier because it avoids the difficult decisions of who to truly reward, but without differentiating pay it’s very difficult to create a top performing culture.
PermalinkCompensation Strategy - Workscape CEO Tim Clifford
[On May 27th, J.P. Donlon, the Editor-in-Chief of Chief Executive Magazine, interviewed Workscape CEO Tim Clifford in a live video webcast to a pre-selected audience. This video is one of a collection of excerpts made available on YouTube.]
In this video, Workscape CEO Tim Clifford shares his views on the criticality of goal alignment and compensation process transparency to driving continued success in uncertain times.
Alignment and transparency are critical at an individual level because employees are more likely to be fully engaged when they have a clear understanding of their day-to-day objectives, and can see how their actions contribute to the company’s strategy. Ultimately, providing employees with a transparent view of how their individual effort impacts the company benefits the organization by creating an engaged and high performance culture.
The Importance of Being a Good Listener - Workscape CEO Tim Clifford
[On May 27th, J.P. Donlon, the Editor-in-Chief of Chief Executive Magazine, interviewed Workscape CEO Tim Clifford in a live video webcast to a pre-selected audience. This video is one of a collection of excerpts made available on YouTube.]
In this video Workscape CEO Tim Clifford shares his views on the importance of exercising good listening skills as a leader to keep employees engaged and gain insights into client and prospect communities.
Employee Alignment & Engagement - Workscape CEO Tim Clifford
[On May 27th, J.P. Donlon, the Editor-in-Chief of Chief Executive Magazine, interviewed CEO Tim Clifford on the topics of employee engagement, aligning individual strategy with employee goals, and visibility and governance over corporate compensation in the TARP ERA. The video interview was broadcast live to a select audience of CXOs from midsized and large organizations. The segment above is one of a series of responses made available on YouTube for public consumption.]
In this video, Workscape CEO Tim Clifford articulates the two components of “engagement.” Tim observes that the “engagement” can be distilled into two measurable areas for employees:
- Discretionary Effort
- Staying with the company
Focus on the Employee
Just last month, Workscape celebrated its 10 year anniversary. Like all businesses, we've been through ups-and-downs through the years and although today's economic conditions are unprecedented, we've helped our clients to weather some pretty rough storms. From the soaring highs of the dot-com years, through the inevitable bubble burst, right on into the “Web 2.0” innovations that followed... we've been through it all and proudly help our clients keep pace with these constantly evolving business dynamics.
