A reputable software partner will make sure their solution is a good match for the types of features you need and will work with you to build a cost based on those needs.
One of the best ways a growing company can make sure they are ready to grow at scale is to consider moving their compensation processes to a digital environment.
In our last blog, we shared the results of a mid-2022 Gartner Study that found that only about one-third of U.S. workers think they are getting fair pay. Add today’s economic conditions and rising inflation, the bad taste still lingering from COVID-related business...
Communication and pay transparency are key to building trust For businesses still digging out from the economic impact of the Covid19 pandemic, difficulties hiring and retaining employees have become an all too common reality. Tough decisions that had to be made at...
Compensation management solutions that eliminate manual error and subjectivity can go a long way toward not only administering pay fairly, but also in instilling confidence among team members that their compensation is handled fairly and with care.
If we had to name defining compensation challenges for 2022, pay equity would be near the top of the list.
If you are among those compensation managers who are still handling these crucial transactions manually (or by spreadsheet), the responsibility of completing these tasks in an accurate and timely manner can weigh heavily.
As you prepare for year-end, are you asking yourself if there is a better way to review your company’s prior year compensation activities? If you are still using spreadsheets to keep track – maybe it’s a homegrown process that is beginning to show signs of being outgrown – you may have reached the point in time where it’s time to look for a better solution.
It is difficult for business leaders to make key decisions surrounding employee compensation without the ability to view detailed data in a way they need to see it. This was the challenge Nexthink, a leader in digital employee experience management software, was faced...
Many HR professionals start out managing compensation and benefits by spreadsheet; but, like most basic applications, Excel isn’t really designed to serve as a long-term comp management tool.
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