Equity Compensation is Worthless

Compensation Cafe

For more than three decades equity compensation has been considered a necessary and ubiquitous element of pay at start-ups and high-growth publicly traded companies. Large studies have shown again and again that most (85%) equity compensation recipients do not understand their awards.

Compensation Metrics Cheat Sheet

Analytics in HR

Determining the right compensation metrics to track is a vital step towards fair and equitable compensation. This is why we’ve put together a cheat sheet of 12 key compensation metrics that will help take your compensation strategies to the next level.

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5 Best Compensation Management Software 2021

HR Lineup

One of the ways to achieve employee satisfaction is by designing an effective compensation plan that provides fair salaries and other pay programs like bonuses, commissions, equity, and more. However, this can be a challenge, especially if you still rely on a manual compensation system.

3 Tips on Successful Hairdressing Compensation Claims

Take It Personel-ly

Seeking compensation can further protect you from aggravated damages. Business Lifestyle claims compensation lawsuit legal legal advice legal requirements small businessUltimately, a trip to the salon aims to resolve a bad hair day.

Adapting, Evolving and Staying Competitive in a Disrupted Economy

COVID-19 continues to shape the way we live and work. Organizational success depends on workforce wellbeing, and employee needs are varied and constantly changing. It’s clear that a more flexible and strategic approach to total compensation is required to create a better path forward. The 2021 Q1 Gallagher Better WorksSM Insights Report: The Path Forward explores and how employers can balance workforce expectations against organizational goals. Discover how you can review and implement new technologies, develop updated and forward-looking strategies, and evolve your employee value proposition to create a more engaged and resilient workforce.

5 Ways to Empower Managers to Lead Compensation Discussions

15Five

At any stage of the employee lifecycle—from talent acquisition to performance management—compensation is always top of mind. While exciting perks garner initial excitement, the key to engaging and retaining talent begins with greater transparency and understanding around compensation.

Sales Compensation: Chicken or Egg?

Compensation Cafe

I am often asked to “fix” sales compensation programs. A compensation professional likes to mix just a little bit of science with their art, and sales incentives without a structure are basically 100% art. There is a ton of technical knowledge required to be great at sales compensation.

Compensation Package: A Guide For HR

Digital HR Tech

Offering an appealing and generous compensation package is an important part of your employee value proposition. To stand out from other organizations, what should your compensation package include and how do you go about assembling one? Contents What is a compensation package?

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. Beyond Salary: Communicating Total Compensation.

3 Reasons Great Equity Compensation Creates Great Responsibility

Compensation Cafe

More and more companies outside of the traditional sectors of technology, life sciences, finance are turning to equity compensation to reward their employees. Equity compensation can give companies superpowers. Ironically, equity is typically the least equitable form of compensation.

Compensation Dictionary

We’ve compiled a list of fundamental compensation terms and why they’re important to know. Think of this as your comp cheat sheet—terms you need to know to put you on the fast track to becoming that cool comp kid we know you can be. Sure, you’ve heard some of the terms before, but you have no idea what they mean. Not to worry! Download this eBook and you’ll be ‘comp’letely fluent in no time.

Why Your Compensation Management is Failing to Attract and Retain

ClearCompany HRM

Compensation – it is so tightly connected with performance management, attraction and retention. Ventana research revealed the top goals for compensation management among the companies they studied are to better align the workforce to strategy and goals while improving efficiency. Employee Retention Talent Attraction Compensation Talent Lifecylce Compensation Management Yet, all of these processes are incredibly disjointed.

An Employers Guide to Agile Compensation Strategies

Get Hppy

Is your compensation plan like an ocean liner or speedboat? In addition, pay grades can be a helpful framework for streamlining compensation if market data is not found to price jobs. What does an agile compensation strategy look like?

Compensation Managers Need to Manage

Compensation Cafe

I once supervised a strong performing technical compensation analyst who was eager to work his way into a management role. A long time ago, when I was a Compensation Analyst myself, I worked on a lot of spreadsheets and job evaluations.

Fundamentals of Executive Compensation

Decusoft

Are you new to the world of executive compensation? Do you want to make sure you have the foundational skills you’ll need to create executive compensation programs that will help you cultivate, inspire, and keep the talent you’ll need to meet your company’s goals?

Small Business Compensation Trends for 2018

We’ve developed a special edition of PayScale’s 2018 Compensation Best Practices Report (CBPR) specifically for small businesses. It covers everything from base and variable pay practices to competitive jobs, retention concerns and mergers & acquisitions.

What is a Compensation Philosophy Statement?

BackStitch

Companies are adopting more transparency towards their employees regarding their compensation. Throughout this time, a compensation philosophy statement has become a bigger priority. What is this statement? And why do you need one?

10 Best Employee Compensation Management Software

Recruiters Lineup

Planning and administering employee compensation requires employers to be keen. With employee compensation management software, you can use administrative dashboards to manage salaries and report on your company’s compensation data. Top Compensation Management Software 2021.

Compensation Air Traffic Control

Compensation Cafe

The swirl of tasks and requests can make a compensation professional feel more like they work in air traffic control. Compensation can often seem pedestrian, but in times like this, your job may be similar. Dan is also a leading expert on incentive plans and equity compensation issues.

What is Employee Compensation?

Decusoft

A Compensation Glossary . Total Compensation: An employee’s total pay package includes their base compensation, often known as their base salary, as well as the value of their benefits package. How to determine compensation? Types of Compensation.

The 2019 PayScale Wage Index

No matter your industry, it's crucial that you stay up to date on the current compensation trends. The PayScale Index will let you do just that - it tracks quarterly changes in total cash compensation for full-time, private industry employees in 19 job categories. Get the report today, and start taking advantage of these crucial insights.

Compensation Surveys: Are They Necessary?

Astron Solutions

Finding the fairest and most motivating compensation for your team members is one of the most important jobs for HR leaders like you. A popular method of evaluating a fair employee compensation strategy is to refer to a valid compensation (or salary) survey. Compensation

Winning the Compensation Triathlon

Compensation Cafe

Watching a few of these events (appropriately sped up) reminded me of the power of a compensation philosophy. The best compensation philosophy, supported by the best designed and executed programs, will often lose to stronger messaging and understanding.

7 Current Post-Pandemic Compensation Developments

Compensation Cafe

The past couple of weeks have shown us that compensation in a post-pandemic world may be less predictable than predicted. Equity compensation vesting schedules may finally be changing. Equity Compensation vesting schedules are changing to correct a well-known problem.

Sales Manager Compensation Plan

Decusoft

Sales managers play a unique role in your business and need compensation strategies tailored to their specific skills and abilities. What Is a Sales Compensation Plan? There are two primary components of a compensation plan for sales teams. Strategic Incentive Compensation Plan.

Small Business Guide to Comp Benchmarking

To compete in today’s market, you must know what the market pays for certain skills so you can develop fair and competitive offers. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have.

Compensation: What to Look for in 2021

CCI Consulting

It’s probably no surprise that the social and economic impacts of COVID-19 have forced a significant number of organizations to reevaluate their approach to compensation this year. This is especially apparent when it comes to employee compensation.

What COVID means to compensation

HRExecutive

This is the second in a series on compensation during the pandemic. The coronavirus pandemic has upended scores of traditional HR structures: hiring, recruiting, onboarding and compensation. This is the second in a series on compensation during the pandemic.

A Clear View of the Talent Lifecycle: Compensation [Part 5]

ClearCompany HRM

The average time-to-hire is at a 5 year high, and the skill gap is widening; employers are having a harder time than ever managing the balancing act that is compensation. With 52% of employers ranking hiring and retaining talent at the top of their business challenges, it is vital to get compensation right. Talent Lifecycle Compensation

Cafe Classic: Compensation in Context

Compensation Cafe

I always thought there was a strong connection between compensation and organizational design. I couldn’t “do” compensation unless I had organization charts. I’m going to tell a story that I hope will make you see a parallel to compensation. . Editor's Note: Context matters.

Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

The world of work is changing. Today it is easier than ever to have employees in multiple cities across several states. Multistate offices used to be reserved for very large employers, but with today’s technology, even smaller employers can embrace this game changer. For employers, the multistate workforce allows the opportunity to cast a broader net to attract the best and brightest talent to the workplace. At the same time, it comes with challenges, including compliance with a variety of rules and regulations across different states and municipalities – some of which may conflict with federal law – and failure to comply could be quite costly.

Compensation Transparency

China Gorman

Transparency in Compensation: Trends and Best Practices , underwritten by salary.com , is a thoughtful and interesting discussion of the impact of different levels of transparency in the workplace – from too little to too much. Being more forthcoming with our employees – and not just on compensation practices – will help us win the War for Talent. Ben Eubanks China Gorman Compensation Data Point Tuesday Lighthouse Research and Advisory salary.com transparency

Top 3 Compensation Considerations for Employers

ClearCompany HRM

Payroll is commonly the highest business expense, and compensation is far from being a cut and dry number. Compensation There are so many factors that go into calculating the actual cost of each and every employee. So, that $30,000 salary might be more in the realm of $44,000+ in total costs to the organization. As the highest and most impactful expense in business, it’s vital for leaders to have a true understanding of the real price tag on your workforce.

Compensation Communication Tools for Managers

Compensation Cafe

Take a look: Reinforce that the compensation study has confirmed that our compensation is competitive, and the new compensation plan practices are common in companies of our size, client relationships and sales objectives. Careers Compensation Communication

New Jersey Compensation Association Webinar

Decusoft

Addressing Compensation & Benefit Challenges – Effective Uses of Nonqualified Plans. Nullifying competitive compensation disadvantages. Avoid losing corporate compensation tax deductions due to 162(m).

Compensation 101: A Beginner's Guide to Compensation Management

In a tight labor market it’s critical that you get compensation right. That’s why we created the ebook, Compensation 101: A Beginner's Guide to Compensation Management.