Designing a total rewards program can be a complex endeavor for many employers. It requires a thoughtful blending of company culture, management philosophy, employee value proposition, and business strategy. There...
Beyond focusing on base pay, bonuses, and long-term incentives, employers have become increasingly creative in offering non-traditional perks within recent years. These added benefits can be monetary or non-monetary, immediate...
While base pay is typically considered the most important component of compensation as it is the largest cost, other elements of total rewards deserve consideration as well. STIs/bonuses, benefits, and...
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...
When it comes to designing a total rewards program, it is important to ensure that it reflects the unique culture, goals, and management philosophy of your company. Therefore, careful planning...
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...
The gender pay gap presents a complex challenge for employers. While there are many historical, political, and cultural forces at play, these must be balanced with accurate and relevant data....
Although they have conducted compensation surveys since the 1970s, Western Management Group (WMG) has never collected gender data in the U.S. In recent years as the gender gap issue gained...
Check out our most popular articles from last month! The Gender Pay Gap Timeline: A Brief History of Men & Women in the U.S. Workplace - HRsoft Do You (Really) Know...