compensation
A collection of 9 posts
"compensation" Stories
How to Build a Compensation Plan that Drives Performance
Compensation and performance are intertwined, but their relationship is more complex than it looks at first glance. While a high salary may initially attract a candidate’s interest, driving continued performance and productivity requires a more nuanced compensation strategy....
Employee Benefits: How to Get The Most Out of Your Compensation Packages
Competitive compensation and benefits like these are fundamental to attracting and retaining top talent, meeting a team’s needs, keeping people engaged, and fostering a healthy working environment....
HR Tech: The Key To Achieving Pay Equity
Pay transparency is often misunderstood. Many people—including business leaders—often conflate pay equity with pay transparency, mistakenly thinking it’s just about being open about pay bands for different roles at their company or posting salary ranges to job ads....
Salary vs. Hourly Pay - Which is Better?
Salaries are usually for full-time work, permanent, and with a fixed working pattern. Hourly pay is more common in retail, hospitality and contract-based work where you're hours are flexible week to week....
Overtime Pay (India): Importance, Calculation, Common Mistakes
As the business world gets competitive, companies are looking for more and more ways to curb this competition. Getting the workforce to become more productive is one of the many ways to stay ahead of the race. Production can be increased by overtime working hours....
Types of Compensation: A Guide For HRs
It’s crucial for organizations to gain a complete understanding of the meaning, various types and aspects of compensation. This knowledge empowers business leaders to make a positive impact on their employees’ lives, resonating throughout their brand reputation and profitability....
What Is a Benefits Administrator— And Should You Hire One?
Attractive benefits are a powerful tool for drawing in new job candidates. In fact, 60% of employees put perks at the top of their list when deciding whether to stay with their current employers....
How Do You Address Pay Equity In The Workplace?
From implementing public salary bands and open conversations to establishing clear compensation frameworks, explore the five strategies these experts recommend for refining your compensation practices....
