Blog
Every year brings new challenges and changes to a company’s existing compensation plan. New divisions and acquisitions, as well as additional locations are all factors that can cause a company to revise their current compensation plans. Existing groups tend to make...
Blog
When implementing compensation management software, there are many different configuration decisions that need to be made. In a pay-for-performance situation many organizations set specific guidelines for each number in the rating scale. With this method, if an...
Blog
Most employees have a very good grasp on their direct compensation. Direct pay however, is only a small portion of what employees receive from an organization. Typically organizations pay significant amounts of money for additional benefits like 401k, health...