Remove Bonuses and Incentives Remove Competencies Remove Payscale Remove Recruitment
article thumbnail

What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Rewards include salary, perks, and benefits like health insurance, remote work, and performance-based bonuses.

article thumbnail

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

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. PayScale has you covered in our new, 4-part Comp Glossary. Today’s Lesson: A Little Comp 101 Consider the comp pros at PayScale to be an extension of your team!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Five Compensation Trends from 2016

Compensation Today

Going are the days where companies stop at giving discretionary bonuses that are unlinked to performance. In order to compete for top talent, companies are exploring all options for recognizing and rewarding employees. FLSA was definitely the biggest change that wasn’t, this year.

article thumbnail

Compensation and Benefits

Analytics in HR

Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses.

article thumbnail

2023 Compensation Trends Your Org Should Know About

Astron Solutions

Your compensation strategy affects how well your organization is able to recruit and retain top talent, but your strategy doesn’t play out in a vacuum. base salary and short- and long-term incentive plans) and 35% are planning to. There was a significant increase in promotion and adjustment budgets.