Merit pay is a system of rewarding individual employees based upon their individual contributions or achievements to the team. Unlike a bonus that gives a more holistic view of each employee (ie seniority, employment level, roles and responsibilities), merit pay is...
Spreadsheets have inarguably enabled knowledge workers to quickly and easily use data to solve numerous business problems. Every organization uses them in day-to-day situations and many rely on spreadsheets as part of critical business processes including compensation...
Pay transparency has some major benefits for both employees and employers. Although there are many companies taking actions today to move their organizations towards higher pay transparency, the practice may not be for everyone. Transparency is about creating an...
Businesses need the best talent to grow and succeed. Implementing a Total Rewards & Motivation System that incorporates short-term incentives can help you retain top-notch talent. Developing a habit of speaking about your total rewards and motivation system during...
The last few years have seen a steady rise in employer branding as organizations strive to apply customer experience best practices to candidate and employee experiences. In order to develop a strong brand, organizations have to develop a mature compensation planning...
We all need a break now and then. If you want your employees to be healthy, productive, maintain high morale, and enjoy working for you, then you need to consider every detail of the vacation policies that you will offer. Not only are some expected, but some may also...
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