20 Apr How Compensation Affects Employee Performance
Compensation is the reward given to employees in return for their services rendered and it is often the cornerstone of a productive workforce. The quality and performance of your company’s...
20 Apr What Are the Components of a Total Rewards System?
Managers and executives know that to retain high performers, they need to offer a competitive salary that adequately reflects the business climate of their industry. But what else can you...
14 Apr Supporting Your Total Rewards Strategy with a Strong Culture & Brand
Your company culture and brand can have a significant impact on the ways in which your current and prospective employees view your organization. They can also work for – or...
14 Apr 5 Goals to Remember During the Compensation Management Process
With so many requirements to satisfy throughout the compensation management process, it’s easy to lose sight of the true purpose of compensation. Yet, being that it’s the very thing that...
13 Apr 4 Critical Mistakes to Avoid for Performance-Based Pay
When implemented correctly, performance-based pay has the potential to be straightforward and effective. That doesn’t mean that it’s failproof, however. When organizations find that their performance-based pay plan fails to...
13 Apr What Can Compensation Analysis Software Do for Your Company?
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...
06 Apr The Importance of Career Development in Your Total Rewards Strategy
Career development is an important component of total rewards, and it’s the biggest driver of engagement among Millennial employees. It gives the employee a clear roadmap which details what they’ll...
06 Apr 5 Ways Compensation Management Solutions Are Changing the Game for Companies
Many organizations implement compensation management solutions as a way to simplify employee pay. Yet, there are far more benefits outside the simplification of processes alone. From making more informed, accurate...
02 Apr Things I’ve Learned From Social Distancing
Glizcel Ditto is a Senior Strategic Consultant at HRsoft. Glizcel contributes weekly with her insight on our industry today. We are certainly in unprecedented times for most of us. Even for...
30 Mar 5 Simple But Powerful Compensation Management Principles
Compensation management is inherently complex, but the ways in which we approach it don’t have to be complicated. In fact, some of the most powerful methods for managing employee pay...