About Colt Fosburgh

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So far Colt Fosburgh has created 21 blog entries.

What’s Next For HR & Total Rewards

By |2020-03-18T17:21:27-08:00March 18th, 2020|Blogs, Co-Sourced Compensation Solutions, Communications, COVID-19, General Compensation, Retention, Sales Compensation Design, Short & Long Term Incentive Plan Design|

As the coronavirus affects organizations across the globe, our primary responses so far have been based on prevention, protection, and business continuity. In Human Resources departments across the nation, this has taken a variety of forms: new practices and policies for remote working, paid leave, reduced hours, and even layoffs. The impact continues to


By |2020-03-02T19:04:17-08:00March 2nd, 2020|COVID-19|

Information on novel coronavirus (COVID-19) CWC leadership has been diligently monitoring the worldwide outbreak and spread of respiratory illness caused by the novel coronavirus (COVID-19). National guidance recommends that we track what is happening locally, following local advisories and advisors, which we continue to do. Please review the links below. Where can you find

Crisis Communication

By |2019-10-29T13:34:16-08:00October 29th, 2019|Communications, Videos|

When a crisis hits, the need to communicate is immediate. Corporate communications teams are often put to the test. How the team responds to an urgent need for communications often determines how well the press and the public perceive the organization's efforts in mitigating the crisis. Having a strategic crisis communications

Washington Salary History Ban

By |2019-10-29T13:34:00-08:00October 29th, 2019|Benchmarking & Pay Structure Development, Executive Compensation, General Compensation, Sales Compensation Design, Short & Long Term Incentive Plan Design, Videos|

Washington state has implemented a salary history ban. In early May, Washington state signed the Washington Equal Pay and Opportunities Act. The act imposes pay transparency requirements that go beyond most other pay equity laws. This will likely affect most employers in our state. Here's what you need to know: Prohibits

Employee Burnout and How to Prevent It

By |2019-09-24T07:09:58-08:00September 18th, 2019|Blogs, Retention, Trends|

Burnout is more than those familiar feelings of stress or boredom in the workplace. Burnout is characterized by feelings of hopelessness, resulting in decreased productivity and performance. It has become so widespread that it is now recognized by the World Health Organization. If alleviating and eliminating employee burnout is not already on

World-Class Sales Compensation Plan Redux

By |2019-09-13T10:20:54-08:00September 12th, 2019|Blogs, Sales Compensation Design|

Complicated compensation plans that are poorly designed and communicated can confuse and demotivate your sales team. Here are a few questions that may help you determine if it might be time for a program redesign.  Is your sales compensation plan too complicated? Do your performance measures align with job content and company goals?  Is your sales plan producing the desired results? Do your participants understand the program? 

The New Epidemic – Loneliness 

By |2019-09-23T09:56:38-08:00September 5th, 2019|Blogs, Communications, Retention, Training, Trends|

Do any of these statistics* surprise you?  Nearly half of Americans report sometimes or always feeling alone or left out  Two in five Americans sometimes or always feel that their relationships are not meaningful and that they are isolated from others  Generation Z (adults ages 18-22) is the loneliest generation and claims to be in worse health

Create Confidence in Your Compensation Program

By |2019-09-24T06:54:53-08:00August 22nd, 2019|Benchmarking & Pay Structure Development, Blogs|

Do you know if your company’s pay is competitive in the marketplace? Are you dealing with high turnover, or are you unable to recruit and retain top talent? Your employees are watching the market.  Can you explain to them why your compensation remains competitive? Are you sure that you are paying people

Compensation and Retention: The Millennial Workforce Challenge

By |2019-09-18T13:09:28-08:00July 17th, 2019|Benefits Assessment, Blogs, Communications, General Compensation, Retention, Trends|

Compensation and Retention: The Millennial Workforce Challenge Competition for talent is especially fierce when it comes to younger Millennial professionals who want jobs that fit their active lifestyle, support their desire for work-life balance, and meet their fast-tracked professional growth goals. If they feel disengaged or a position isn’t meeting their expectations for personal

Survival Guide to Crisis Communications

By |2019-09-24T06:54:10-08:00July 3rd, 2019|Blogs, Communications|

Crisis: A crisis is defined as an event, situation, or public initiative that threatens a company's ability to effectively operate its business. A crisis can escalate into a disaster or long-term impediment to business growth if not handled with efficiency and sensitivity to all involved.  When a crisis occurs the need to communicate is immediate and corporate communications teams are often put to the test. How the team responds

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