07 Sep 5 Compensation Management Trends Taking Shape in 2017
Keeping an eye on compensation management trends can be helpful for HR professionals as they strategize and develop pay plans for their own organizations. As we head into a new...
compensation management Tag
26 Jul How is the Meaning of Compensation Different to Each Employee?
Compensation refers to what employees are paid in return for their work; there’s no arguing against that concrete definition. Yet, the meaning of compensation can still vary from one employee...
11 Aug The 5 Key Objectives of Compensation Management
Most HR professionals already understand the most common objectives of compensation management: the idea is to pay your employees fairly while staying in line with the company budget. However, understanding the...
02 Aug How to Ace Employee Recognition
Employee recognition is critical to keeping the right people on board, achieving business outcomes, and driving employee engagement. Additionally, the HR Council of Canada says that recognized employees are better...
09 Mar Considering Compensation Management Software? Here are 4 Things to Consider Before You Commit
Getting compensation management right is critical to maintaining a successful organization. There are many crucial factors which depend on your company’s ability to manage compensation effectively, including job satisfaction, motivation,...
25 Feb Incentive Compensation Management Software: The Framework
Compensation planning on its own is a complex topic. A robust compensation framework must be internally equitable, externally competitive and compliant with pay and labor laws. Incentive compensation planning takes...
26 Jan How to Define Total Compensation: A Quick Guide
Focusing on salary no longer cuts it for most organizations around the world. With talent becoming more and more elusive, it is important for companies to differentiate themselves on the...
20 Jan Total Employee Compensation Management Tools
Employee compensation is without a doubt one of the most important and significant expenses that an organization is responsible for. It goes without saying that an expense this significant should...
12 Jan The Definition of Compensation Management
The Definition of Compensation Management: In simple terms, compensation is everything that a company offers its employees in return for their talent and time. When organized the right way, compensation...
06 Jan Performance Compensation Models: Why Do They Work?
A few decades ago, a HR department’s main job in terms of handling employee pay was compensation calculation. There was a fixed base salary for a particular position and it...