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7 Compensation Issues and How to Fix Them

Analytics in HR

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs.

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How to structure employee compensation

Workable

Pay structures define employee compensation for different jobs or groups of jobs. Here’s our guide on why and how to set up a pay structure: Why you need structured employee compensation. Compensation structures create a fairer and more predictable process for determining an individual’s compensation. Arbitrary figures.

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A Full Guide to Compensation and Benefits

Digital HR Tech

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits?

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What is intersectionality in the workplace?

Ongig

“Intersectionality” was coined by civil rights activist and professor Kimberle Crenshaw as: The interconnected nature of social categorizations, such as race, class, and gender as they apply to a given individual or group, is regarded as creating overlapping and interdependent systems of discrimination or disadvantage.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs.

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Support Black Health and Wellness in Your Workplace

Extensis

Expose compensation disparities One of the first steps an employer can take to promote health and wellness for people of color is to closely evaluate compensation equity. A recent study by Payscale showed Black men had the largest “uncontrolled pay gap” compared to white men, earning 87 cents for every dollar earned by a white man.