Once you’ve hired the best people for your company, you want to make sure they’re dedicated, engaged and satisfied within their positions. It’s not always easy to win the battle for talented employees, so it is important to take the proper steps to realize their needs in terms of compensation. Proper compensation management and administration is […]
Compensation is a key ingredient in the success of any business. Employers are well aware of the importance of compensation….being able to hire quality employees, keeping and motivating top talent.
At a certain point, many employers find the planning of compensation to align with the company’s goals gets overly burdensome. Having proper tools to help […]
For millions of college basketball fans around the country this time of year is known simply as March Madness. It is a time to build your tournament brackets and root for your favorite teams (or at least the ones you picked).
For compensation professionals around the country, March Madness has a whole new meaning. For […]
What is Employee Compensation Management Software?
Organizing and planning your staff’s compensation is a very time and resource-intensive processes. As a compensation manager, you know that an employee’s pay and benefits are not the only reason they stay, but it can be one of the primary reasons that they may leave. To an employee, compensation can be […]
The Importance of Compensation Planning
Compensation is more than just an employee’s wages- it includes health benefits, stock options, education reimbursement and merit-based bonuses. All managers and HR personnel must deal with the pressure to consistently grow company profits while offering the most competitive compensation packages to all of their valued employees. The main goals of any […]
What is Compensation Management?
Compensation management is a well organized, compliance controlled process that maximizes the monetary investment in your staff. This process often includes pay policy adherence, salary budgeting, bonus computation, stock option dissemination and benefit formulation.
Your HR department is full of hard-working individuals who must make sure that all pay rates fit the company’s […]
Where Do Compensation Management Systems Fit Within Your Company?
The salary, benefits and paid time off your company offers to your employees is a vital part of maintaining a stable and qualified workforce. However, the time and effort necessary to ensure proper management, planning, configuration and communication of these components can be daunting. A compensation software solution […]
Successful businesses realize the importance of offering competitive compensation packages in order to attract the best employees. Compensation software solutions can be fully integrated into your current HR system, simplifying and streamlining your compensation planning process.
What are Compensation Management Software Solutions?
A high impact compensation management system is one that is seamlessly merged into your […]
As your business develops, so does your workforce and your ability to increase compensation for your valued staff members. The key to maintaining a high impact compensation management system is to focus on functionality and flexibility. Your compensation support tool should be built for you, aligning decisions with real-world information to improve results.
Discover the Power […]
Earlier this month, it was widely reported by the New York Times (you can read the full story here), and virtually every other media outlet, that Sony Pictures was the target of a massive data breach. The hack leaked thousands of confidential documents, emails, scripts and among other things – the salaries of over […]