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PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

1) PAY PHILOSOPHY Definition: High level documentation on what you are trying to achieve with your compensation plan. Not just the amount, but the payout period, who is eligible for what, the metrics the employee is measured against, and so forth. Typical variable pay includes incentives, bonuses, commission, and profit-sharing.

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Introduction to Executive Compensation: The Fundamentals

Decusoft

Thanks, Joe, so when we think about an executive compensation program, there are five buckets that your compensation would fall into: salary, annual incentives or annual bonus, long-term incentives that include long-term equity awards, and can include some long-term cash awards, and retirement benefits. Steven Hall Jr.

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10 Best Employee Evaluation Software in 2023

Empuls

With Empuls, you can measure and track feedback, collect eNPS metrics, and conduct pulse surveys. The platform offers the capability to provide small monetary bonuses as a token of appreciation. Document storage and management. eSignature capabilities for convenient and paperless document signing.

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Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

The Society for Human Resource Management (SHRM) suspected they were on their last legs back in 2015 before a number of sources officially called time of death earlier this year. When managers have only a single dashboard of metrics and their limited memory to rely on in annual reviews, these biases influence decisions.