5 Must-Have Components of a Compensation Management System
By optimizing your approach to compensation, you can go beyond pay and spur continuous improvement across your organization.
By optimizing your approach to compensation, you can go beyond pay and spur continuous improvement across your organization.
Here are the two main components you can use to design a fair, equitable compensation program.
Using goals the right way can benefit the entire organization and improve overall performance. Keep in mind, the goals must be measurable and attainable.
Perform a quick online search for “compensation definition” and you’re bound to yield thousands of results. But is that really all compensation is?