article thumbnail

3 steps to aligning compensation planning with organisational goals

Cezanne

3 steps to aligning compensation planning with organisational goals in summary: In this blog, we look at the 3 steps HR professionals should take to ensure their compensation planning strategy aligns with organisational goals. This is the north star that shapes strategic compensation planning. Now, that might sound like a lot.

article thumbnail

Employee compensation – what you need to know and why

Workable

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

Insiders

Sign Up for our Newsletter

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

article thumbnail

HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Compensation Compensation plays a factor in whether an employee remains or chooses to leave for a higher-paying job. Compensation also covers other financial incentives like bonuses, commissions, and annual increases. Offer competitive compensation and benefits package. Factors impacting attrition Internal factors 1.

article thumbnail

Zego optimizes hiring processes with Workable & Hired

Workable

How did you start working with Workable? Workable was already the ATS implemented at Zego when I joined which worked out perfectly since Workable and Hired have an easy-to-implement, bi-directional integration.” How have Workable + Hired been able to solve for them? Olivier: “Workable helped with “killer” questions.

Workable 126
article thumbnail

Compensation Management Vendor Selection Tip: Demo Scripts

Decusoft

If you are considering or currently going through the process of selecting a new compensation management solution, it is important to do your homework. My company recently published a Blog Post / Guide about the journey, “ Choosing a Compensation Management Solution ”. Why Create a Demo Script?

article thumbnail

Creating a Workable Salary and Benefits Strategy for Your Startup

Zenefits

However, 2 factors make it a challenging endeavor: Overspending on staff compensation can leave your young business cash-strapped down the road. Without a solid compensation strategy, your business may never get off the ground. While attracting top talent in the seed stage is possible, you need to be creative with your compensation.

article thumbnail

Announcing The New World of Work, two years on: A 2022 worker survey

Workable

Enjoy the read and do join our conversation on the topic in the Workable Community. The rise of compensation, benefits and opportunities as top value props shows that jobseekers have leverage in what they can get out of a job beyond “getting” the job. Meanwhile, the major themes are as follows: Hybrid is the new agreement.

Survey 113