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A Guide to Compensation Analysis

Analytics in HR

It was a fair comparison because of the size and geographical spread of both organizations. Internal equity – Employers compare employees’ salary and indirect compensation data to ensure fair compensation for the level and type of work done. Train your managers. The result will be a percentage. A final word.

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7 Compensation Issues and How to Fix Them

Analytics in HR

If you don’t have it, you risk losing employees and facing lawsuits. Internal pay equity means that you compensate employees with comparable positions or skills within your organization similarly. This includes salary and additional employee benefits and perks that come with the job. External equity.