Many HR professionals find themselves facing down complex compensation plans, and are left wrangling error-prone, cumbersome spreadsheets. If this sounds familiar, your organization is likely an ideal candidate for a...
Technology evolves quickly, as do the needs of your organization. The best compensation management software should therefore leverage up-to-date technology and have the ability to scale with your business. As...
Enterprise compensation management (ECM) refers to the ways in which pay policies are administered, organized, and automated in companies. Because compensation accounts for a significant portion of overall business costs...
The overarching objective behind your organization’s compensation management process is to pay your employees fairly without exceeding its budget. Yet, beyond this primary goal lie important pillars, each of which...
Environmental, social, and governance factors (ESG) are on investors’ radar worldwide. Moreover, society is demanding that companies start paying attention to these factors. If it hasn’t already happened in your...
In recent years, investors have begun to focus on organizations’ corporate responsibility, and employees are also growing increasingly concerned with a company’s commitment to environmental, social, and governance factors. This...
Conscious Compensation® helps companies move from the traditional, capitalist approach to compensation towards practices that are more socially responsible. It has been developed in response to expectations from employees, investors,...
The primary focus of business has always been to make a profit. Yet, a new school of thought has recently emerged: What if corporations could also play a role in...
According to an HRsoft webinar survey, just over half of HR and compensation professionals polled have read their company’s social responsibility report. More than a third - 38% - of...
Oftentimes when managers discuss pay with their employees, they encounter questions for which they may not have an answer. Employees want to know that they are receiving fair pay for...