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...
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...
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...
A quick search for “compensation definition” tells us that this important aspect of business refers to the “direct and indirect benefits that a worker receives from an employer.” Yet, compensation...
If you’ve followed any of our previous blog posts, you may be familiar with some of the advantages we frequently discuss about communicating total compensation to your employees. Using tools...
Compensation Management planning is wrought with complexities, and that’s before you even consider possible errors from spreadsheets and miscalculations. In rapidly growing and global organizations, compensation is even more difficult...
Compensation software features automated tools that transform compensation planning into a strategic, simplified process. While a growing number of organizations have already turned to compensation software vendors to help streamline...
While there are certainly many motivators that drive employees, it’s an undeniable truth that most employees work for a paycheck, regardless of what actually affects their engagement level most. As such,...
To help align their processes and handle the complexities of today’s growing, fast-paced work environments, businesses are turning towards automated, strategic solutions. One such solution is compensation planning software. When...
Money is a motivator; this is something that business leaders have acknowledged for decades. Recently, however, it’s become increasingly apparent that money alone does not have the power to engage...