The needs and expectations of today’s workforce are more diverse than ever. To keep employees engaged and to reward them appropriately, organizations must use robust compensation programs that go beyond...
Oftentimes when managers discuss pay with their employees, they encounter questions for which they may not have an answer. Employees want to know that they are receiving fair pay for...
After the initial assessment of design plan considerations for creating a total rewards package, most employers choose base pay as an ideal starting point. In fact, findings from an HRsoft...
For most organizations, having a clearly documented compensation structure is important for a number of reasons. It means that every position within the organization has a pay grade, range, or...
When your company adjusts is salary ranges, performing a compensation analysis enables you to make sure pay decisions align with both internal and external considerations, such as market trends and...
If your company has an advanced IT team or software developers, you may be considering building compensation software to fit your organization’s evolving needs. Yet, any time a new technology...
Many organizations need to consider both internal and external pay factors when making pay decisions. For example, while market data should guide pay to some degree, factors like individual performance...
As we look ahead to 2020, compensation management will play as important a role as ever in attracting and retaining the best talent for your organization. This includes not only...
For compensation professionals, the goals of designing and administering pay programs can get muddled over time. Every now and then, it can be helpful to step away from the day-to-day...
Your employees know how much they’re paid, but do they truly understand the full value of employment with your company? Chances are, they may not understand the “big picture” when...