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What is Compensation Management?

Zenefits

Compensation management is the process of ensuring that an organization’s salaries and bonuses remain competitive, appropriate, and equitable. It also involves managing company benefit programs to make sure they meet the needs of the current workforce. What are the objectives of compensation management? You’re not alone.

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HR Glossary of Terms

Zenefits

advertisement costs, staffing agency fees, signing bonuses, relocation costs, HR overhead costs, background check costs, and training costs. The report includes workforce demographic data, including job categories, race/ethnicity, and sex. General Data Protection Regulation (GDPR). Human Capital Management (HCM).