The term “one size fits all” would seem to imply something inclusive. You would think that it would be able to accommodate everything, and would work well in every possible situation. But there's a certain rigidity there, an inability to take certain factors into...
Is the salary planning process slowing your organization down? Is it time to drop the spreadsheets and switch over to a compensation management program? If you're finding the time it takes you to complete the calculation of salaries and bonuses is abnormally long,...
In any successful system, it's crucial that each of the elements work together as part of a cohesive whole. Every environment from concert halls to operating rooms, from football fields to battlefields, requires everyone to work together in order to achieve their...
The salary planning process can be a hectic and time-consuming one. Depending on certain factors, it may be too complex and take far too much time than it needs to. A salary planning tool may be a valuable investment, though it's not a one-size fits all solution for...
Operating on an international scale contains its own share of unique challenges and considerations. This is especially true when it comes to salary planning and merit increases. When putting together compensation plans across various regions, there are numerous...
Taken by itself, currency conversion may seem like an innocuous prospect. As it only takes a simple calculation to convert one currency into another, the process may seem straightforward enough. Like any other task, however, as the numbers and types of variables...
The benefits of salary planning tools extend beyond simply saving organizations time and money. They make it much easier, for example, to keep track of employee performance results and adjust pay accordingly. They also allow you to notice trends in employee...
How much time are you spending on the salary planning process? In many instances this process can drag on and on, turning employee compensation into an excruciating waiting game. Expertise in spreadsheet software can expedite the process to a certain extent, but the...
When it comes time to calculate compensation for employees, many organizations are faced with an arduous and daunting process. Between gathering information from multiple sources, consolidating it into a format which can be easily accessed and understood, and...
Want A Sample Compensation Management RFP? Click Here! Are you tired of using spreadsheets for your merit and bonus cycles? Is it time to start looking for an online solution to help with compensation management? There are many different compensation management...
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