If you’re looking for technology to support your compensation planning process, you may be comparing different types of solutions. While you might wonder whether you can continue using spreadsheets or...
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...
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...
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...
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....
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...
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...
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...
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...