Compensation Planning

Articles

What is Equity Compensation & How It Work?

Equity compensation is a powerful tool used by companies to attract, retain, and incentivize employees. Unlike traditional forms of compensation ...

5 Best Compensation Planning and Analysis Tools in 2023

Compensation in HRM, especially planning and analysis, is a crucial procedure that should be handled effectively to determine every employee’s ...

Guidance on All Salary Planning Negotiations

After settling on the right candidate for the job, the only remaining bit is for employers to make an offer ...

What is Pay-for-Performance Compensation

Pay-for-performance systems are popular nowadays in most organizations. The plan acts as part of employees’ compensation for their hard work ...

Understanding Cost of Living Vs. Merit Pay Increases

Businesses make great efforts to retain their top talent. The easiest way to do this is with a raise in ...

Top Important Compensable Factors in Job Descriptions

Creating a more detailed and fascinating job description is very important. So employers should consider capturing the attention of the ...

What is a Merit Increase and Why They Matter?

There are general workers, good workers and great workers. In an organisation, when you have a team of people doing ...

Designing Pay Structures for Small Organizations

Every business, whether small or large, requires a well-established performance appraisal system that is integrated with formal pay structures and ...

Compensation Tools and Hourly / Yearly Wage Calculators List

Employee compensation is one of the most important things in any business. Compensation planning is therefore crucial as it entails ...

Compensation Market Pricing Analysis: Preferred Types

Compensation data is very important in any organization as it can be utilized for the organization to stay updated on ...