Managers and executives know that to retain high performers, they need to offer a competitive salary that adequately reflects the business climate of their industry. But what else can you offer as incentives to keep talented individuals on board? Here, we examine the components of a total rewards system which you can implement in your […]
COVID-19 is unlike anything we have seen before, its effect on society and our future is growing exponentially. Businesses are facing many difficult decisions in the weeks and months ahead. Here are what organizations are doing to survive
Career development is an important component of total rewards, and it’s the biggest driver of engagement among Millennial employees. It gives the employee a clear roadmap which details what they’ll need to do to progress from one level to the next. This also opens up opportunities to have insightful conversations and check-ins with managers. According […]
Many organizations implement compensation management solutions as a way to simplify employee pay. Yet, there are far more benefits outside the simplification of processes alone. From making more informed, accurate pay reward decisions to ensuring your sensitive pay data is protected, here are a just a few noteworthy ways a compensation management system are revolutionizing […]
Glizcel Ditto is a Senior Strategic Consultant at HRsoft. Glizcel contributes weekly with her insight on our industry today. We are certainly in unprecedented times for most of us. Even for those of us that have lived through other major world events, I don’t think anyone remembers a time that has brought the entire world […]