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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. In fact, how you compensate a team member should reflect their performance and will often change throughout their journey with your organization.

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What is Compensation Management?

HRsoft

What Is Compensation Management And Why Is It Important? Compensation management is a specialized HR discipline that plans, administers, and communicates employees’ salary, incentives, and benefits. It is a critical element in talent management, as it affects recruiting, retention, and operating budgets.