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Competitive Pay: Paving the Way to Engagement

In case you haven’t noticed, we are no longer in a buyer’s market when it comes to attracting talent! The unemployment rate in the TN-MS-AR (MSA) as of September 2017 was 3.7%. Now is the time to make sure your pay plan is competitive; before “now” would have been even better.

On The Cover: Brad Federman

Brad Federman serves as the Chief Operating Officer for F&H Solutions Group, a Leadership and HR consulting firm that delivers customized solutions aligned with clients’ organizational mission, structure, and vision. F & H Solutions Group has offices in Memphis, Atlanta and the DC metro area and serves the US and countries abroad. Starting out, Brad worked at Accenture in Washington, DC. Following that, he held Human Resource and leadership positions at Norrell Services, Humana, and the Novations Group.

3 Big Challenges in Executive Comp and How to Address Them

We all know executive pay has become a significant issue. The challenges associated with executive compensation are highlighted in the headlines:

“The Coming Battle over Executive Pay”

“CEO Pay Is Out of Control”

“The Overpaid CEO”

Gen Z Enters the Workforce - What Are Their Expectations

Today’s youth is too often misunderstood. While there are differences in generations, we tend to assume a great deal about others and stereotype them. Lazy, entitled, self-interested are all terms I have heard used to describe the younger generation. I have listened to discussions about how the younger generation has been coddled and have a strong sense of self-entitlement. However, I find them passionate, searching for meaning in their work, wanting to better themselves and desiring more than work in their lives.

The Business Case for Succession Planning

In April 2004, McDonald’s CEO Jim Cantalupo died suddenly of a heart attack after what many on Wall Street considered to be a successful 16-month run as the company’s Chief Executive. Within six hours of Mr. Cantalupo's death, 43-year-old Charlie Bell was voted into the CEO position by McDonald’s board. While McDonald’s had been grooming Mr. Bell to eventually succeed Mr. Cantalupo, circumstances warranted quick action. Within weeks of accepting the position, Mr. Bell was diagnosed with colon cancer. His illness forced him to resign in late 2004 and he passed away in January 2005.

The Annual Performance Review is Dead: Long Live On-going Feedback

What is the worst kept secret in most companies? Traditional annual performance appraisals illustrate the farcicalities and nonsensical nature of organizational life. Regardless of title, manager or individual contributor, there is almost universal disdain for the traditional review process.

Igniting a Fire in Each of Your Employees

A life-altering discovery. Fire is transformative to our existence as human beings. Think about the impact fire has on modern day society:

Diversity isn't an item on a bucket list

Receiving an unsolicited invitation to speak at the University of Pennsylvania would be on my bucket list if I had one.

I always felt like a bucket list – goals you want to achieve, dreams you want to fulfill, life experiences you desire before you die – was for things that were probable. So, what’s the point of a bucket list when your entire life seems like a series of improbabilities?

Strong Culture and Values: Required, Not Optional

Culture and values have been around for years. Leaders and scholars have debated their importance and spent millions of dollars carefully crafting definitions and statements. Cultures and values have been seen as a fad with investments in posters and placards. But the truth is, they have never been more important in today’s world.

Command and Control is Dead

A 'Hard-headed Woman' Committed to Inclusion

I started a career 22 years ago in sales and marketing, a male-dominated industry. My accent was so thick that my manager had to have this very uncomfortable coaching session with me about how to enunciate words like ‘specific’ and ‘asked’ and ‘business.’

When I was appointed the 63rd president and the first African-American president of the Memphis World Trade Club, I was very uncomfortable because my predecessors all had polish and prestige and executive presence.