If your company has multiple locations throughout the world, implementing multi currency compensation planning software can make your pay plans much simpler to manage, update, and administer. Beyond solving currency...
Companies with multiple locations across the globe face unique compensation challenges beyond those with only domestic facilities. Between differences in currencies, languages, and regional markets, there are many factors to...
Nowadays, most organizations use compensation planning as a means to drive performance. Taking a pay-for-performance approach to compensations allows companies to link pay to employees’ quality of work. While pay...
Check out our most popular articles from last month! It Doesn’t Take a Magic Wand for Your Magic Kingdom to Appear - Compensation Cafe How Compensation Software Can Help You...
Every year around this time, Brandon Hall Group announces the award winners for its HCM Excellence Awards Program. This year, HRsoft is honored to be the recipient of the silver...
Without a formal pay system, employers run the risk of unintentionally making unfair pay decisions. Thus, every organization should have standard salary planning processes and administration in place to avoid...
For multinational corporations, having international compensation planning software is an absolute must. Compensation planning is complex enough to manage without factoring in differences from one country to the next. As...
Collecting data from market surveys in a critical step in any compensation planning process, but it’s how you use the data that’s most important. Here, we’ll go through some tips...
One of the most important components of an effective compensation planning process is gathering and using market data. By analyzing external pay data, you can compare your own pay policies...
The Technology Headlines, a magazine that speaks on the evolution of technology and industry trends, recently released its December edition: “Company of the Year – 2017.” In the issue, the...