Regaining Control of Your Organization's Compensation Programs

Part 2: Six Steps You Can Take

As we approach midyear and signs point to an improving economy, now is an opportune time for you to assess your compensation programs, make adjustments for the rest of the year, and start planning for 2011.

In last month's issue of eFlash we discussed recent trends in compensation, especially around the areas of merit increases, incentives, and other rewards. In this, the second part of the article, we present guidelines on where you should focus your time for the rest of the year. In recommended sequential order, we outline six steps you should follow to regain control of your organization's compensation programs.

Read the rest of the article to learn about the six steps to follow. Visit our website to find out more about FlashPoint's compensation services, or read a case study outlining how we teamed with the Town of Plainfield to redesign its compensation program.

If you missed part 1 of this article, read it here.

Congratulations and Celebrations

FlashPoint is proud to celebrate the accomplishments of our clients and our team members. We offer congratulations for the following successes!

• The Hoosier Chapter of the Public Relations Society of America earlier this month awarded Conner Prairie with "Best of Show" honors as part of its annual Pinnacle Awards. The awards recognize companies and individuals for outstanding work in the public relations industry. 
• The "Best Places to Work" awards keep coming! The Indiana Chamber recently announced its own list of best places to work in Indiana, and a number of FlashPoint clients were on it:
  • Hancock Regional Hospital, RCI, and Teachers Credit Union (large companies, 250 or more employees)
  • Benefit Associates (small to medium-size companies, 25 to 249 employees)
• We're excited to announce that Joellyn Detjen has joined FlashPoint as our marketing manager. Joellyn will help us tell our story through traditional communication, digital marketing, social media, public speaking, and more. She previously worked in marketing at the Riley Children's Foundation (a FlashPoint client), and has even won an Emmy! To learn more about her, view her biography on our web page.
• We're also glad to welcome Megan Crowley, our summer intern. Megan is working on a master's degree in industrial/organizational psychology from Indiana University-Purdue University Indianapolis and will assist us with a number of client projects during the next few months.

Laws and Rulings Affecting HR

Barnes & Thornburg LLP, the law firm with which FlashPoint is affiliated, regularly issues Labor and Employment Law Alerts of interest to those in the HR field. Click the link below to read a recent issue. (The information presented should not be construed as legal advice or legal opinion. Visit Barnes & Thornburg's website for more information about its Labor and Employment Law department.)

• Recent Labor Law Changes Show That EFCA Is Still a Real Threat

Awesome HR Consulting Firm Seeks Officemates

Dynamic, energetic HR consulting firm (i.e., FlashPoint) ISO similar organization to share office space. Short-term sublease available. In heart of Indianapolis's historic Wholesale District. $1,500/month.

You get:

• Up to five private offices
• Two meeting rooms (seats 10 to 14 people) and one conference/training room (seats 30 people), available for scheduled use
• Shared kitchenette
• Janitorial service

Our ideal matches:

• Startup business looking for affordable offices
• Growing organization in need of temporary transitional space
• Small company (four or five employees) with need for short-term office space (one to two years)

No long-term commitment required; lease can be as short as one year.

For more information, including photos, visit our website. Interested in talking to us about it? E-mail info@FlashPointHR.com or call 317.229.3035.

Upcoming Events

Indiana Chamber HR Workshops
FlashPoint sponsors the Indiana Chamber's 2010 HR Training Series. Sessions take place in Indianapolis. More information is available at 800.824.6885 or the Chamber's website.

• FMLA Seminar, June 3
• Supervising and Managing People Workshop, June 10-11
• Indiana Wage and Hour Law Seminar, July 22

Other FlashPoint Speaking Engagements
FlashPoint regularly presents at conferences and association meetings. We hope to see you at the following events!

• East Central Indiana Human Resource Association, Muncie, June 9--Krista Skidmore will join with representatives from Ontario Systems to present "Recruiting for Targeted Employee Behaviors" at the ECIHRA's monthly meeting (more information at the ECIHRA's website).
• South Central Indiana Human Resource Association 3rd Annual Spring Conference, Bloomington, June 9--Andrea Cranfill will discuss HR strategies (more information at the SCIHRA's website).

FlashPoint's consultants present on a variety of matters related to human resources, business strategy, and leadership development--so if you're looking for someone to talk to your organization, visit our website to check out the topics on which we speak. You'll also find links to speaker biographies as well as a list of organizations for whom we've presented.