03 Sep The Elements of a Strong Incentive Plan
Designing, managing, and communicating incentive plans are some of the most challenging hurdles HR and compensation teams face today. Great plans cannot be generic, as they must be able to...
compensation software Tag
27 Jun What Are Pay Structures & Why Should Your Company Have Them?
Pay structures, also known as salary structures, define different levels of pay for jobs in reference to: their relative internal value, external/market value, or negotiated rates (i.e., collective bargaining agreements). A...
24 Jun Common Pay Range Terminology
Recently, modernizing pay ranges has become a major area of focus for companies. While the start of the year provides a fitting opportunity to evaluate pay practices and ensure the...
20 Jun 5 Simple But Powerful Compensation Management Principles
Compensation management is inherently complex, but the ways in which we approach it don’t have to be complicated. In fact, some of the most powerful methods for managing employee pay...
17 Jun 5 Ways Compensation Management Solutions Are Changing the Game for Companies
Many organizations implement compensation management solutions as a way to simplify employee pay. Yet, there are far more benefits outside the simplification of processes alone. From making more informed, accurate...
11 Jun 3 Employee Compensation Changes to Consider Making in Your Company
The ability to attract and retain talent is largely dependent on the ways in which you reward your employees. While factors such as organizational culture and values do play an...
20 May 3 Enterprise Compensation Management Trends to Watch For
In recent years, dramatic shifts have taken place across the economy, and these changes have caused ripple effects in the ways we’re paying employees. While factors like low unemployment support...
16 May 5 Must-Have Elements for Every Compensation Management Process
The compensation management process lays the foundation for a company culture that recognizes and rewards strong performance. When done correctly, it ensures employees are paid fairly and have the incentives...
30 Apr Does Your Compensation Solution Help You Appeal to Talent?
Indeed.com recently revealed its list of top-rated workplaces for compensation and benefits. Year after year, many of the same employers tend to make the list, leaving professionals to wonder: what...
10 Apr Does Your Compensation Solution Cover Contract Workers?
Compensation solutions use technology and automation to address some of the most complex compensation management challenges. And, oftentimes one of those challenges is managing pay plans for different groups of...