http://knowhr.disqus.com/enThu, 27 Nov 2008 00:40:07 -0000http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/#comment-4035333Hi Frank: you know, when the economy is good companies still struggle to keep talent, because many of their competitors are hiring and willing to pay more for scarce talent pools. The point about pay leverage is interesting, this means that companies are actually smart to setup high variable amounts so that their costs adjust with how they perform. Retention though, is another issue. Time for the good old "case by case" adjustments for those employees the company really cares about, when available.NickThu, 27 Nov 2008 00:40:07 -0000http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/#comment-3952743Greg, that is a model that works. I'm not sure that you could get people to cooperate that much in this day of instant and continuous gratification. We may need to find out, though.frankrocheSat, 22 Nov 2008 08:30:13 -0000http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/#comment-3952727Laurie, I'm going to write Total Compensation in the Age of Cholera. Or...HR in the Time of Cholera. It cracks me up to think about it. You should spend a weekend and whip out those other two. Could be a whole series. LOL.frankrocheSat, 22 Nov 2008 08:29:16 -0000http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/#comment-3939318Wait, I just can't mail my total comp statements and hope my employees feel pretty good about just being employed?<br><br>Also, I love <b>Total Compensation in the Age of Cholera</b>. I also love <b>One Hundred Years of Meetings</b> and <b>Chronicle of Team Building Foretold</b>. <br><br>Great books, all of them!lruettimannFri, 21 Nov 2008 15:30:54 -0000http://www.knowhr.com/blog/2008/11/21/total-compensation-in-the-age-of-cholera/#comment-3937480HP was legendary in the '70s with reducing pay by 20%, giving everybody Fridays off, and forgoing layoffs.<br><br>I wonder if anybody will try that model now?GregFri, 21 Nov 2008 14:04:44 -0000