Employers know that pay matters, but to what degree can it be used to drive performance? This question has sparked debate among compensation professionals for years. Incentive compensation continues to...
For compensation professionals, using outdated methods to calculate employee pay is tedious and inefficient. While upgrading to compensation software may seem daunting, making a change can go a long way...
When HR teams become stretched too thin, they often look towards external solutions for support. While this is often a logical option to solving the problem of an overworked staff,...
Introducing a total rewards system to your company could have significant advantages for your company. For one, it helps employees see the full value of working for your organization. For...
Total rewards statements can be useful for communicating the comprehensive valuation of employment to your teams, but some organizations are choosing an even more powerful approach to drive engagement, retention,...
You already know what a total rewards statement is, and chances are your company may already use them. Typically, an employee benefits statement is presented annually. It provides a comprehensive...
Creating a compensation plan that rewards top employees is an excellent way to drive performance. It shows your most committed, dedicated team members that they are valued and appreciated, and...
Improving employee engagement is a major priority for today’s organizations, and for good reason: companies generate 2x the amount of revenue when their employees are engaged, according to Entrepreneur. While employee...
Managing performance is perhaps the most complex responsibility in any organization. Do so effectively and you’ll have a team of motivated and productive contributors who are consistently engaged in their...
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...