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Compensation Management is Important in Every Company

NGA Human Resources

Compensation management is vital for employee motivation. For many reasons, effective and fair compensation management is a must for every business. There are different ways that management and HR department can communicate appreciation. What Is Compensation Management?

HR Basics: How to Cope When You Have a Compensation Department of One

TLNT: The Business of HR

Over the last few years, we have seen a rise in attention to the all too common, “HR Department of One.”. Often, we talk about “compensation departments and compensation professionals” as if every company has one or both. Payroll isn’t really the same thing as compensation.

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California HR Trends for 2017—Don’t Get Burned!

HR Daily Advisor

Siegel, partner at Jackson Lewis P.C., feels the pain of HR pros. Presenting at the recent Society for Human Resource Management (SHRM) Conference and Exposition in Washington, D.C., California does not permit incentive compensation to partially meet the “white collar” (i.e.,

New Year, Same Story: 2016 Forecast Is For Another Year of 3% Raises

TLNT: The Business of HR

While most organizations are finding the talent they need at current salary levels, we are seeing more employers prioritizing how their salary budgets are being spent, especially in light of their ongoing difficulty in attracting and retaining top performers or employees with critical skills.”.

Benefits and Rewards – Why Employees Want More

NGA Human Resources

Once a taboo subject, a recent study by our total rewards and compensation platform partner, beqom reveals that 56% of millennials will happily discuss salary with their colleagues. By looking at the cost versus the performance and loyalty return, this makes no sense. by Simon Porter.

To Pay For Performance Without Performance Ratings, In For A Penny, In For A Pound

SuccessFactors

These organizations are now quietly making major amendments to their new models after having realized that they have lost the data basis for subsequent compensation management decisions. Anything else rather goes by a gut feeling at best.