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Beyond Salary: Communicating Total Compensation

Decusoft

Providing clear and comprehensive communication regarding Total Compensation can be a great help to keeping your talent in-house and even attracting new hires. Download the Paper. Beyond Salary: Communicating Total Compensation. The post Beyond Salary: Communicating Total Compensation appeared first on DecuSoft.

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5 Reasons You Should Consider a Compensation and Benefits Review

Decusoft

A well-thought-out total compensation strategy guarantees that your company’s pay in terms of wages, bonuses, and incentives is competitive. Your compensation program should be tailored to your company’s needs and reviewed on a regular basis with a compensation and benefits review.

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Suppressing Excessive Compensation

Compensation Cafe

Some giants in the compensation consulting community have spoken out in the past, motivated by a sincere sense of guilt for encouraging the tremendously disproportionate top executive pay that resulted from their prior yeoman work enabling unreasonable compensation. Let them pay whatever the board approves but tax it, he suggested.

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How to Painlessly Communicate Employee Equity Compensation Programs

GuideSpark

More than ever before, tried-and-true equity compensation programs are proving to be a valuable tool to attract and engage new prospects and employees. A full 57% reported that they are more loyal to an employer that provides an equity compensation plan.

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This One Food Will Add 15 Years to Your Life!

Compensation Cafe

The HR and compensation industries are not immune to this phenomena. Not so long ago nearly all of the “big” executive compensation consulting firms were touting Relative Total Shareholder Return (R-TSR) as the solution to executive pay misalignment. The new focus is providing above average pay through short-term incentives.

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Total Reward Statements—Show Employees You’re Invested in Them

HR Daily Advisor

Before you start thinking about total reward statements, Rubino says that other basic compensation program objectives should be met. A compensation program must be: Internally equitable. Need to revisit your compensation plans for 2015 but don’t know where to start? Externally competitive. Affordable. Learn More.

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Invest in Your Bottom Line: Financial Wellness in the Workplace

DailyPay

Employers don't do this to be nice," says [Bruce Elliott, manager of compensation and benefits at the Society for Human Resource Management]. As with getting large groups of people to do anything, it’s wise to set up a system of incentives. Why are we talking about financial literacy? But education is both theory and praxis.