01 Dec A Brief Overview of Pay Equity History in the U.S.
The labor laws we know today are a culmination of changes which have taken shape throughout the last century. Certain specific federal and state legislative activities are in large part...
13 Nov Top 10 Blog Posts – November 2017
Check out our most popular articles from last month! HRsoft Partners with Compensation & HR Group to Create Compensation Business Partner -HRsoft 3% Salary Increases Put Greater Focus on Variable Pay - SHRM Why Potential Rewards...
13 Nov Compensation Corner – What’s New at HRsoft – October 2017
In pursuit of continuously providing an excellent customer experience, HRsoft is pleased to announce a few recent changes. To respond to our ongoing growth, some of our roles are evolving...
06 Nov What Is Short Term Incentive Administration?
Short term incentive administration refers to the awards given in a time period of up to one year. Also sometimes referred to as annual incentives, short-term incentives are typically tied...
03 Nov A Guide to Long Term Incentive Administration
Long term incentive administration utilizes performance-driven programs over the course of multiple years to compensate employees. Here, we discuss some basic options for long term incentive plans to help you...
01 Nov 5 Reasons to Rethink Your Compensation Administration
Many organizations need to review their compensation administration practices from time to time. While compensation isn’t the only motivator you can use to drive employee performance, it is an important...
30 Oct 3 Practices for Effective Bonus Administration
When executed effectively, bonus administration can incentivize improved performance. It also provides the recognition most employees seek, which can support employee engagement and help you retain your top talent. However,...
27 Oct 5 Tips for Implementing & Communicating Your Compensation Plan
Designing a compensation program aligned with their business needs and talent management strategy is one of the most powerful methods employers can use to attract and retain talent. Yet, even...
25 Oct A Quick Overview for Administering a Fair, Equitable, & Compliant Compensation Program
A strong compensation program is one that’s fair, equitable, and compliant with new labor laws. While achieving this trifecta isn’t always easy, it is possible when you follow a few...
23 Oct How to Design a Fair & Equitable Compensation Program
In order to develop a compensation program that’s both fair and equitable, employers need to take into account internal factors as well as external market data. By conducting market analyses,...