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Companies commonly handle wages by paying employees after they have worked, a pay practice known as “paying in arrears.” Understanding this method allows employers to …
Compensation refers to the sum that your employer pays you, including cash and other benefits such as insurance or paid time off. Understanding pay may …
Incentive pay has become a hot topic for many companies looking to motivate and reward employees. But what exactly is incentive pay, and how can …
Calculating overtime pay does not have to be complicated, despite what companies may want employees to believe. While the laws regarding overtime calculations seem complex, …
Companies are moving away from traditional, narrow salary grades to broadbanding, which uses fewer, wider pay ranges. Broadbanding is gaining popularity as companies look to …
Before you start a new job, it is essential to review the company’s compensation plan for the specific role. Apart from professional opportunities and career …
When it comes to bonuses and incentives, many employees are clearly confused. Both involve extra money, but there are key distinctions between these workplace perks …
When hiring new employees, vetting candidates thoroughly is a key step for any company. A solid vetting process helps ensure bringing in people who are …
When a person loses someone close to them, it is a deeply painful experience. Navigating grief is hard enough without having to worry about work …
As an employee, your salary is a crucial matter to consider both before accepting a job offer and after performance reviews. Having a salary that …
Artificial intelligence (AI) is becoming increasingly important in how companies hire new employees. They use AI-powered tools to review job applications and sometimes even do …
For someone tasked with internal equity analysis within their company, the starting point seems unclear. The process of evaluating and aligning pay for similar roles …
Pay equity is top of mind for most employees these days. With inflation emboldening people to find better opportunities, companies are seeking ways to keep …
Companies promote people to higher-paying roles for a variety of reasons. Seniority or years of service often dictate promotions. Sometimes it depends on the person’s …
Are you working in HR and looking to boost your career and salary? Getting certified as a compensation professional may just be the ticket. It …
Leading a team is no easy feat. It takes a special combination of skills and personality traits to be an effective team leader. The team …
Are you in the midst of a job search and stumbled upon the abbreviation “Salary DOE?” You’re wondering what’s the deal with that? The good …
Have you ever wondered why living expenses keep rising? From housing to food, everything seems more costly nowadays. But what’s the difference between the cost …