TOPIC: Compensation, Compensation Conscience
Why Compensation Managers Should Wear Capes
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 …
by Candice Wolken - May 3, 2019
TOPIC: CEO/CFO, Trends and Best Practices
Stop a Red Circle Rate From Ruining Your Salary Ranges
The term “red circle rate” is used to describe an employee whose pay is above their position’s maximum rate. Conversely, a “green circle rate” is …
by Stephan Duncan - May 3, 2019
TOPIC: Compensation, Trends and Best Practices
What is a Merit Matrix?
A merit matrix, also known as a merit increase matrix or salary increase matrix, is a mathematical grid that compensation professionals provide to help company …
by Connor Harrison - May 3, 2019
TOPIC: CEO/CFO, Trends and Best Practices
The Magic Formula to Calculate Turnover Rate
Are you looking to calculate annual turnover rate for your company? It’s easier than you think once you know the annual turnover rate formula. In …
by Brett Rudy - May 3, 2019
TOPIC: Employee Engagement, Talent Acquisition
Identifying and Utilizing Employee Core Competencies
Every worker has a unique trait. This means they can manage job roles differently. In addition, they can also learn and master a task in …
by Salary.com Staff - May 3, 2019
TOPIC: Compensation, Compensation Conscience
What is Pay-for-Performance Compensation?
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 …
by Connor Harrison - April 29, 2019
TOPIC: CEO/CFO, Compensation, Trends and Best Practices
Calculating Prorated Bonuses and 13th Month Bonuses
There are several reasons why you may wish to prorate an employee’s bonus – that’s is, pay them just a portion of the total amount …
by Sarah Reynolds - April 29, 2019
TOPIC: Compensation, Compensation Conscience, Consultant
Know Your Worth: Pricing Information You Can Depend On
Do you know what you should be paid at your job? I mean, do you REALLY know? Maybe you’ve received consistent raises and cost-of-living adjustments …
by Brett Rudy - April 29, 2019
TOPIC: CEO/CFO, Trends and Best Practices
Hot Jobs in Tech Reflect Current Economic Trends
The United States has been enjoying a long stretch of economic growth, with unemployment rates of hitting a record low of 3.7% last year. Though …
by Candice Wolken - April 10, 2019
TOPIC: Compensation, Compensation Conscience
Non-Monetary Compensation, Explained
The cash compensation that an employee receives, including their base salary and variable pay, is typically considered the largest reward for their work. But in …
by Sarah Reynolds - April 9, 2019
TOPIC: Compensation, HR Compliance, Human Resources
Planning for New FLSA Overtime Rules
New Fair Labor Standards Act regulations are on the horizon and they have the potential to dramatically impact organizations, from operating budgets to staffing levels …
by Candice Wolken - April 8, 2019
TOPIC: Compensation, Talent Acquisition, War for Talent
Equitable Pay: The Modern Workforce Demands It
Throughout the employee cycle, equitable pay is one of the main drivers of employee engagement and retention. The modern workforce has never been more passionate …
by Connor Harrison - March 23, 2019
TOPIC: Compensation, Compensation Conscience
Understanding Total Compensation
While many employees think of compensation in terms of their base pay, they may also be eligible for other forms of compensation beyond just this …
by Sarah Reynolds - March 14, 2019
TOPIC: Compensation, Compensation Conscience
The Role of Compensation Policy in a Compensation Plan
When developing a compensation plan, your compensation philosophy is the compass to guide decision-making. Meanwhile, your overall compensation strategy establishes the programs to bring the …
by Greg Wolf - March 14, 2019
TOPIC: Compensation, Compensation Conscience
The Role of Strategy in a Compensation Plan
If you are looking for compensation strategy examples, you’ve come to the right place. The following is the first in a three-part series on compensation …
by Greg Wolf - March 14, 2019
TOPIC: CEO/CFO, Trends and Best Practices
Creating a Compensation Plan
Let’s explore how the key components of the compensation and total rewards planning process come together to create a comprehensive compensation plan for your organization. …
by Greg Wolf - March 14, 2019
TOPIC: Compensation, Human Resources, Trends and Best Practices
How to Keep Flight Risk Employees Grounded
Employees are the most valuable asset at any company. Employees create and sell the company’s service or product, manage customer interactions, create company culture, and …
by Brett Rudy - March 5, 2019
TOPIC: Compensation, Trends and Best Practices
Addressing Problems with Minimum Wage
From the time it was introduced in 1938, the U.S. minimum wage has sparked controversy. Is minimum wage a federal issue? Should minimum wage be …
by Candice Wolken - March 5, 2019
