01 Jun How to Use Goals to Improve Productivity
If the goal-setting process is done incorrectly, it can be quite ineffective and actually demoralize team members. On the other hand, using goals the right way can benefit the entire...
26 May How to Define Total Compensation: A Quick Guide
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...
26 May 7 Considerations for Implementing a Total Rewards Systems
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...
26 May Compensation Management Trends to Watch for in 2020
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...
19 May Linking Compensation and Performance Management
The overarching goal of the compensation strategy is to make sure an organization has the right amount of money necessary to motivate the types of performance needed to achieve the...
19 May How to Link Business Strategy to Compensation Strategy
For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations...
18 May How to Define Your Rewards Communication Strategy
In decades past, employee benefits were considered one of the key drivers for attracting the top employees in their field. Today, things have changed. People want more flexibility, they want...
12 May What is the Purpose of a Compensation Statement?
Compensation statements, also sometimes referred to as employee benefit statements or total reward statements, give employees an in-depth look at how they’re being rewarded. While some employers view them as...
12 May The Key Principles of Compensation
For the majority of organizations, the core principles of compensation involve striking a balance between paying in a way that is externally competitive and internally fair. Yet, there are many...
12 May 4 Elements of Effective Compensation Management
Compensation management is the process of developing and administering employee pay. While salary is typically the first thing that comes to mind when we think of compensation, the reality is...