The compensation management process lays the foundation for a company culture that recognizes and rewards strong performance. To achieve these goals, compensation management must encompass the following elements.
In order for employees to understand their value in the organization and the fairness with which you’re compensating them, you must become transparent about rewards.
The nature of these goals should reflect current business priorities, while also factoring in aspects like market conditions and company strategy.
HRSoft today announced it was again named to the Constellation ShortList™ for Compensation Management.
