Focusing on salary no longer cuts it for most organizations, so it is important for companies to differentiate themselves on the basis of a rewarding work environment instead of just money. Total compensation has emerged as a great tool for retention. Its focus attempts to make the company talent aware of all that it is […]
Introducing a total rewards system to your company could have significant advantages for your company. For one, it helps employees see the full value of working for your organization. For another, it drives communication (and thus, boosts engagement) because it takes an ongoing approach instead of a being done as a yearly event (i.e., only […]
While we are reaching the mid-mark of 2020, let’s review how compensation management will play as important a role as ever in attracting and retaining the best talent for your organization. This includes not only offering competitive pay, but also providing the total rewards options that your workforce wants and expects. While it’s important to […]