There comes a time in the growth of your business where you need to make important decisions that can potentially make or break your overall success in the coming years. These big decisions need to be thoughtfully and carefully planned out. You wouldn’t want to...
CompLogix Blog
How Compensation fits into the People, Product, and Process Model
Commonly known as the “Three P’s,” people, product, and process are the three key factors to running a successful business. According to David Ciccarelli of Entrepreneur, they are the “three areas that have yielded the greatest return on investment of your time and...
3 Key Things to Look at When Purchasing a Compensation System
Purchasing compensation software is a big decision, and it is not one that should be made lightly. Think of it this way: you just bought a new home and want to buy a security system to protect it. Your home is very important to you, and you want to have a system that...
5 Ways to Keep Your Employees Engaged
It’s not always easy to keep your employees motivated, but their engagement in their work is vital to the success in your company! If you have happy employees who like their job, it is far more likely for you to get their best quality work. Below are five tips to help...
Excel Spreadsheets are on Their Way Out
In this age of technology, business is changing faster than ever. More people than ever have access to tech, software, and programs that are far more advanced than what people had at the beginning of the century. Just over 10 years ago, the first iPhone was announced,...
How Does Compensation Affect Employee Retention?
Employee Retention is one of the keys to running a successful business. It allows for consistency and quality in your product or service by having the same great employees continually doing their best work. It helps the office atmosphere feel more like a team, instead...
Does Better Compensation Management Lead to Better Engagement?
The short answer: yes. Of course better compensation leads to better engagement! An employee that believes that they are being paid an adequate amount for the work they do and thinks their benefits truly… benefit is bound to be engaged in their work. They will be...
Finding What Works (and What Doesn’t) In Your Compensation Planning
Compensation planning is a process that can get tricky very quickly depending on the variables at play and the methods used. Each complication is sort of like a snowflake; it seems harmless at first, but once they’ve all accumulated on your driveway and you have to...
How Secure is Your Compensation Software?
Compensation software is like many business processes, you have to protect it. Unfortunately, in the world that we live in, it can be incredibly difficult to make sure that your information is impenetrable. So, in order to protect your information from being...
Should you Hire a Compensation Employee or Buy a Compensation Software?
Now that your business has reached a certain level of success you are faced with a challenge. The challenges of managing employee compensation on your own or by your HR representative has become too difficult and too large of a task, and you need someone or something...
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