Tom McMullen's guest appearances

Tom McMullen

Talking Reward Podcast

Workhuman Radio

SHRM All Things Work

GIRO Podcast

Joann Lublin

Adam Grant

Dan Miller

Shawn Achor

John Scott

Jen Miller

Kat Cole

Amy Edmondson

David Mitchell

Neil Pasricha

Cy Wakeman

Tayo Rockson

Amy Blankson

Bruce Tulgan

Steve Brown

OwlTail

As prices continue to rise, employers are wrestling with questions and concerns about what inflation means for compensation strategy. In this episode of All Things Work, host Tony Lee speaks with Tom McMullen, senior client partner at global organizational consulting firm Korn Ferry, on navigating inflation’s impact on the pay of both current and future employees.Follow All Things Work wherever you listen to podcasts; rate and review on Apple Podcasts.This episode of All Things Work is sponsored by ADP.Music courtesy of bensound.Episode transcript

As prices continue to rise, employers are wrestling with questions and concerns about what inflation means for compensation strategy. In this episode of All Things Work, host Tony Lee speaks with <a href="https://www.linkedin.com/in/mcmullentom/" rel="nofollow" target="_blank">Tom McMullen</a>, senior client partner at global organizational consulting firm Korn Ferry, on navigating inflation’s impact on the pay of both current and future employees. Follow All Things Work wherever you listen to podcasts; rate and review <a href="https://podcasts.apple.com/us/podcast/all-things-work/id1450310325" rel="nofollow" target="_blank">on Apple Podcasts</a>. This episode of All Things Work is sponsored by <a href="https://www.adp.com/about-adp/why-adp.aspx" rel="nofollow" target="_blank">ADP</a>. Music courtesy of <a href="https://dashboard.simplecast.com/accounts/4e08e331-bdb3-4324-8d6c-8d6b88b06f4e/shows/eac43fcc-71a0-480d-8c84-7327db1d1d0b/episodes/4d08216e-733e-4b74-8e11-f4657b8dbdac/" rel="nofollow" target="_blank">bensound</a>.<a href="https://all-things-work.simplecast.com/episodes/tom-mcmullen-on-high-inflation-and-compensation-strategy/transcript" rel="nofollow" target="_blank">Episode transcript</a>

Tom McMullen on High Inflation and Compensation Strategy

We recently spoke to Tom McMullen, senior client partner at Korn Ferry Hay Group, to get his take on what it takes to attract and retain talent today and how CHROs and CEOs are rethinking the ROI they get from traditional compensation strategies.

We recently spoke to Tom McMullen, senior client partner at Korn Ferry Hay Group, to get his take on what it takes to attract and retain talent today and how CHROs and CEOs are rethinking the ROI they get from traditional compensation strategies.

New Rules for Reward in 2018: Q&A with Korn Ferry Hay Group's Tom McMullen

Tom McMullen is a Senior Client Partner and Rewards Expertise Leader for Korn Ferry Hay Group with 30 years of experience.  Our discussion focused on compensation aspects of rating-less performance management. I also asked Tom what trends and topics his clients are dealing with at this point. Topics that compensation professional deal with:  Efficiency, effectiveness and connectedness Assessing effectiveness of C&amp;B programs Pay Equity  What changed over the time Tom has been in consulting:   we live in a sped-up world - turnaround time is faster than it’s ever been life-cycle of business strategy shortened and thus, talent and reward strategies need to follow simplification of messages best reward programs are not differentiated by sofisticated strategies, but by what can be implemented and embeded in an organization and how they link to business strategies what differentiates most admired companies from the others - the success of their e’ee communication (also utilizing managers to this (more than HR)  Rating-less performance management  Why are companies doing it What impact it has on compensation programs How to communicate rewards if we don’t link it to performance rating What questions should a company ask before they decide to eliminate ratings   You can learn more about Tom on: https://www.linkedin.com/in/mcmullentom/

Tom McMullen is a Senior Client Partner and Rewards Expertise Leader for Korn Ferry Hay Group with 30 years of experience.  Our discussion focused on compensation aspects of rating-less performance management. I also asked Tom what trends and topics his clients are dealing with at this point. Topics that compensation professional deal with: <ul> <li>Efficiency, effectiveness and connectedness</li> <li>Assessing effectiveness of C&amp;B programs</li> <li>Pay Equity</li> </ul> What changed over the time Tom has been in consulting: <ul> <li>we live in a sped-up world - turnaround time is faster than it’s ever been</li> <li>life-cycle of business strategy shortened and thus, talent and reward strategies need to follow</li> <li>simplification of messages</li> <li>best reward programs are not differentiated by sofisticated strategies, but by what can be implemented and embeded in an organization and how they link to business strategies</li> <li>what differentiates most admired companies from the others - the success of their e’ee communication (also utilizing managers to this (more than HR)</li> </ul> Rating-less performance management <ul> <li>Why are companies doing it</li> <li>What impact it has on compensation programs</li> <li>How to communicate rewards if we don’t link it to performance rating</li> <li>What questions should a company ask before they decide to eliminate ratings</li> </ul> You can learn more about Tom on: <a href="https://www.linkedin.com/in/mcmullentom/" rel="nofollow" target="_blank">https://www.linkedin.com/in/mcmullentom/</a>

Tom McMullen Podcast: Compensation Aspects of Rating-less Environment