06 Jun 3 Tips to Manage Employee Compensation Successfully in 2019
If one of your primary duties is to manage employee compensation, you already know that there are considerations when it comes to paying people fairly. Not only must you satisfy...
Compensation Management Planning Tag
02 Jun How to Successfully Implement Performance-Based Pay
When it comes to effectively implementing performance-based pay, simplicity is one of the most important aspects to bear in mind. The simpler and more concise your plan is, the more...
04 Oct Key Recommendations for Addressing the Gender Pay Gap
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....
01 Oct Western Management Group Compensation Survey Results: Noteworthy Findings on the Gender Pay Gap & More
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...
27 Sep The New Wave of Compensation Surveys: Addressing the Gender Pay Gap
For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. Yet, until very recently, surveys have not included gender....
21 Jun 5 Must-Have Components of a Compensation Management System
A solid compensation management system should go beyond just checking the boxes by paying people fairly. When executed properly, it can also support key business goals. By optimizing your approach...
03 May How to Avoid Freezing Pay for Long-Term Employees: Alternative Reward Design Process
HRsoft research shows that nearly two-thirds of all employers freeze or cap base pay. While it is becoming a widely practiced way to control costs in a multigenerational workforce, freezing...
16 Apr Sample Reward Programs for Long-Term Employees
Programs for rewarding long-term employees can encompass a number different of elements. While many employers must enforce pay caps to take an economical approach to compensation, reward programs can be...
09 Apr The Dilemma of Maximums in Salary Structures
According to an HRsoft poll, 63% of companies surveyed freeze or cap base pay. While this leaves more than a third of companies that don’t, it’s becoming a more widely...
22 Mar Understanding the Wants & Needs of Long-Term Service Employees
Long-term service employees have needs and preferences that are in many cases different from those of Millennial or Gen X employees. To ensure the needs of all employees are being...
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