Tag: Compensation Management

What is Compensation Management? Definition and Goals

While compensation management may feel like it’s all about crunching numbers, referring back to these key drivers of overall business success will help you remember the big picture through every step of the cycle.

Written by on November 17, 2020

Tips for Developing a Powerful Compensation Philosophy

A compensation philosophy aims to ensure pay is market-competitive and aligned to the business strategy. To support these two factors, there are six components, or goals, of compensation philosophy.

Written by on November 10, 2020