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Pay for Performance

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Employee Performance Management Software & Skill Building

The skills gap crisis isn’t a new issue in the workforce. In fact, a found that 50% of all employees will require reskilling by 2025. …

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Equal Pay for Equal Work: The Road to Workplace Equality

The establishes a vital fairness standard at work. It strongly backs fair pay tied to performance, irrespective of gender. This act promotes and  helps create …

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Equal Pay Act Definition: What It Means and Why It Matters

stepped in to address the wage gap between genders. This marks a crucial milestone in American labor laws. It shines as a symbol of progress. …

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Using Internal and External Pay Data to Determine an Employee’s Pay

It isn’t always easy to determine how much pay your employees should receive. The process to determine this isn’t random or subjective. Instead, employers rely …

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6 Steps to Take Before Creating a Pay Matrix

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 …

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Sample Compensation Plan Administrative Guidelines

Download this Sample Compensation Plan white paper to see how the different stages of the compensation planning process come together in your comp …

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77% of Organizations Offering Variable Pay Plans

In this competitive talent market, organizations with a formal pay-for-performance philosophy are more than twice as likely to have above average or excellent employee engagement, …

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An Overview of Non-Equity Based Long-Term Incentive Plans

In the war for talent, organizations are finding new ways to retain longtime employees. Short-term incentives go a long way to keep workers engaged year-to-year, …

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An Overview of Profit Sharing Plans for Your Organization

In addition to a competitive base salary, employees value other total compensation elements that help make an offer worthwhile. In addition to performance-based short-term incentive …

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Understanding Long-term Incentive Plans

When workers are happy, they are more likely to perform better at work. For this reason, companies create incentive schemes to reward their workers for …

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A Guide to Understanding Bonus Structure

Companies can motivate their workers in numerous ways. For some, a high salary can motivate them to work harder. For others, they need to have …

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An Overview of Performance-Based Short-Term Incentive Plans

Providing monthly, quarterly, or annual short-term incentives to employees can – when administered correctly – drive engagement and retention. There are a whole range of …

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Make Your Pay-For-Performance Plan Work as Hard as You Do

HR professionals are embracing pay-for-performance policies, and it’s paying off in a big way. But, it’s clear some rocks are being left unturned when it …

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“Sunday Scaries” Don’t Have to Negatively Impact Your Organization

Be proactive in the battle against the “Sunday scaries” by thinking differently about your pay-for-performance policy New research from Salary.com shows that while pay-for-performance strategies …

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Compensation Practices Driving Cultural Shifts in Performance Management

This new paper from George LaRocque, Principal Analyst & Founder of #HRWINS, shares how performance management is changing, and what you can do to ensure …

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Creating an Effective Merit Plan: Optimize Your Salary Increase Budget like a Pro

Most organizations have already recognized the value in paying for performance. Research shows that having a clearly communicated pay-for-performance plan increases external competitiveness, manages employee …

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Pay for Performance: Driving Alignment and Merit Pay Program Success

In every organization, there are different business units with very different sets of priorities. Pay for performance affects each of these departments and their people …

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