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WorldatWork Publishes Axiom Consulting Partners' Article on ‘Planning for the New Normal', an Alternative Approach to Compensation Planning
Date:9/10/2009

Now is the time to question if the standard assumptions underlying compensation adjustments still make sense.

Chicago, IL (PRWEB) September 10, 2009 -- Axiom Consulting Partners LLC announced today that WorldatWork, has published its article titled “Planning for the New Normal” in the September 2009 edition of workspan magazine.

”Axiom is delighted to be releasing another important piece of thought leadership by our colleague Juan Gonzalez in workspan magazine,” said Steve Strelsin, President -– Axiom Consulting Partners. “WorldatWork is the preeminent organization of total rewards practitioners and we are pleased that Axiom’s article regarding a ‘new normal’, in which investments in people will be treated with the same rigor and importance as other critical strategic investments is gaining traction.”

Now is the time to question if the standard assumptions underlying compensation adjustments still make sense. After years of wrangling over performance ratings distributions and looking for ways to meaningfully allocate single digit salary increase budgets, senior executives are becoming intrigued by the possibility of not increasing (or even reducing) the fixed costs allocated to compensation and benefits.


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