Compensation Conscience
Having the right compensation data and management solution is essential for organizations that want to make confident decisions and get pay right. The challenge is …
Our partners at WorldAtWork recently published an article explaining the importance of compensation management tools as companies continue to adapt to the rapidly changing business landscape. The past few months have proven especially …
Total Rewards is an essential practice in every company. It helps employees understand the overall compensation and benefits strategy that is in place and how that strategy aligns to …
In this webinar, Chris Fusco, CCP, GRP, SPHR and Senior Vice President of Compensation at Salary.com and Katie Stukowski, CCP and Managing Director, …
The role of compensation has evolved in the last few years, and analysis has become a stronger part of your core duties and responsibilities. We …
The purpose of a Total Compensation Statement, otherwise known as a Total Rewards Statement, is to make the employee realize the overall value of the …
A compensation analysis, also called salary analysis or pay analysis, is an organization-wide review of how your jobs are classified and compensated. Performing a compensation …
A salary grade scale is a pay format where employees are placed within a pay level based on their education and work experience. Each job …
Median and average salaries are both measures of central tendency or the “middle of the market” regarding compensation. Many organizations target employee pay at either …
In today’s war for talent, an increasing number of organizations are leveraging performance-based compensation plans, like bonuses and merit increases, to reward top employees. Research …
No matter where you are in your career, it’s worth considering how pay gaps may impact you and those around you. Women earned just 85 …
Download our key takeaways on preparing merit and salary budget increases to help you design a performance evaluation system and ensure you are using the …
In human resource management, broadbanding is defined as having extremely wide salary bands, much broader than in traditional salary structures. While a typical salary band has …
Businesses typically spend between 40 to 80 percent of gross revenue on employee salaries and benefits combined, depending on what sector the business is in. …
Have you been wondering: "what is pay compression?" It can be tricky to spot, even for seasoned HR pros. It's time to get a better …
Frictional unemployment is defined as when a worker is in the process of moving from one job to another. This type of unemployment is generally …
Compensation managers are tremendously valuable to any business. Employee salary and benefit expenses typically represent 40% to 80% of an organization’s gross revenues, and comp …
The term “pay-for-performance compensation” refers to performance-based pay programs where an employee is incentivized and rewarded for achieving goals or objectives. Pay-for-performance plans are extremely …