Compensation Management is Important in Every Company

NGA Human Resources

Compensation management is vital for employee motivation. Everyone should be recognized for the value they bring to organizational success; not just those in companies with 1,000s of employees, and millions of dollars a year in salaries. Employees who are recognized for the value they bring are more likely to be motivated, loyal and higher performing than those who’re not. There are different ways that management and HR department can communicate appreciation.

Benefits and Rewards – Why Employees Want More

NGA Human Resources

This is the openness of younger employees when it comes to discussing salaries. The worst scenario is that one employee thinks another is earning more than they are when in fact this is not the case. You can read more on this in this recent blog, Why Employers Must Teach Employees about Total Rewards. Benefits are good for cashflow and retention. This shift from cash to rewards and benefits is a good thing. Life keeps changing and so should benefits.