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Link pay to performance. Like…seriously this time!

Compensation Today

Crystal Spraggins, SPHR When PayScale asked more than 5,500 business leaders the main reason their companies adjusted pay in 2015, 52 percent answered "employee performance." 95 percent of managers are dissatisfied with their companies’ performance man-agement process. What will a successful plan look like?

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Why Is It So Important to Communicate Total Rewards?

HRsoft

Here are some statistics to consider: More than half (52%) of employees feel that their company does not explain pay programs effectively (source: Towers Watson Global Workforce and Global Talent Management and Rewards Study, 2014).

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The 14 Top HR stats for 2014

Capterra

These aren’t easy questions to answer, but human resource managers can get a head start on them by looking at what other companies in their industry are doing. The average pay raise is 4.5%, and 88% of businesses plan to give employees raises this year. Source: PayScale ) <<Tweet this stat.

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The 14 Top HR stats for 2014

Capterra

These aren’t easy questions to answer, but human resource managers can get a head start on them by looking at what other companies in their industry are doing. The average pay raise is 4.5%, and 88% of businesses plan to give employees raises this year. Source: PayScale ) <<Tweet this stat.