Cahn Reidy Advisors LLC

According to Bloomberg, key takeaways from the US employment report for August:  - US adds 142,000 jobs, falling short of forecasts - Unemployment rate edges lower; July payrolls revised down - Pay gains beat forecasts, with average hourly earnings rising 0.4% compared with a 0.3% median estimate. - Average hours worked also ticked higher, to 34.3 from 34.2. Now is the time for Boards and Management to consider an alternative to their human capital approach. In this week’s article we outline some ideas on how to view your relationship with employees. #humancapital #employeeexperience #ex #compounding #careers #careerdevelopment

Enjoy the last hurrah of summer – Happy Labor Day! In this week’s article we focus on the ever increasing value of human capital and the role emphasis that Boards should have on the topic. #humancapital #boardofdirectors #ex # employeeexperience #boardgovernance #compensationcommittee #peoplecommittee #humancapitalcommittee

We wrote about the impact of industry financials on total rewards philosophy a few months ago; in this week’s article we layer on considerations about where your organization is in its business life cycle and additional implications for rewards philosophy and strategy. #compensation #compensationandbenefits #totalrewards #businesslifecycle #compensationstrategy #compensationphilosophy

In our last article, we discussed the importance of career architecture and how it can be instrumental in fostering organization capability and employee engagement. In this follow-on article we talk about how career architecture gets a bit more complex when we consider its interface with your rewards system and market pay practices. Learning and development is key to creating and maintaining competitive advantage. Do you consider your people part of your competitive advantage? What is your organization's capacity to develop next generation talent? Does your reward system help attract, motivate, develop and retain your best people? What is your learning journey?

One of the key inputs to a high-performing workforce is an effective strategy for developing relevant workforce skills and providing ongoing learning opportunities. It's a win-win. It advances the capability of the organization while offering a key element of the engagement cocktail for your people. The future workforce is hungry for learning and development throughout their career. And, skill gaps are almost always an issue. New content from Cahn Reidy Advisors discusses the importance of Career Architecture in charting this course.

This week we, along with our co-author and good friend Michael J. Silva, pivot to our AI pillar and discuss a customer centric way of selecting AI use cases. #ai #artificialintelligence #usecaseselection #customercentricity #peterdrucker

In our last article, we mentioned a failure point in executive compensation practices called “ Missing the ‘Why’”, which spoke to the lack of a clear, differentiated reward philosophy. Based on some questions we received about the process of creating a clear, differentiated reward philosophy, we put together this article to serve as a starting point. #executivecompensation #executiverewards #compensationcommittee #rewardstrategy #rewardphilosophy #employeeexperience Jeremy Woo Laulima Consulting Inc.

“Summertime is always the best of what might be.” —Charles Bowden It’s also the time of the year, when we’ve mostly finished reading the headline grabbing articles about the excesses and failures with executive compensation in the US. The current problems with US executive compensation stem from many, many little things over decades…not one particularly greedy CEO or less than independent compensation committee demonstrating a lack of judgement.   This week’s Cahn Reidy article isn’t going to solve all the problems with executive pay programs, but it’s an attempt to help those charged with balancing numerous stakeholder interests and systemic challenges with a checklist of things they can do to improve their process discipline around the topic. #compensation #executivepay #executivecompensation #boardofdirectors #compensationcommittee Private Directors Association® - Colorado The National Center for Employee Ownership (NCEO)

Happy 4th of July from Cahn Reidy! #4thofjuly #independenceday #leadership #foundingfathers

What do Taylor Swift, Recruiters and AI Engineers have in Common? You can find out in this article by Cahn Reidy. And for you Swifties out there, I did search for quite a while for lyrics that represented the ideas but alas could not find any…if you know of any that are appropriate after you read the article, please post in the comments! #hotskills #taylorswift #executivesearch #aiengineers #compensation #compensationstrategy #totalrewards #talentstrategy #digitaltransformation