you don't run experiments with salaries, do you? (hafentalks 4)
TRANSCRIPT
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Peter Bollenbeck @pbollenbeck #hafentalks
You don’t run experiments with salaries,do you?
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Employees
104
Salary Average
53.3k €
Salary Range
27.4k € - 180k €
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Negotiate on Demand
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Annual Budgetary Increase
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Managerial Appraisals
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Science to the Rescue!
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„[…] take the issue of money off the table.“
Pink, Daniel H. (2009)„Drive: The Surprising TruthAbout What Motivates Us“
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Salaryi = Salaryj
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Inequity Aversion
Fehr, Ernst; Schmidt, Klaus M. (1999)"A theory of fairness, competition, and cooperation"
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Fair Salaries are a
Company Obligation
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Salaryi
Performancei
Salaryj Performancej
=
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Internal + ExternalComparison
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SalaryiSalary Review
Committee
• Feedback Gateway • Salary Surveys • Interview Data • Internal Peer Data
Impairment Test
Performancei
Monthly Meeting
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Things Under Experimentation
• Meeting Frequency
• Selection of Committee Members
• Committee Segmentation
• Remove Bias
• Salary over time
• Who watches the Watchmen?
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Thank You! Any Questions? @pbollenbeck #hafentalks