AIHR

OCTOBER 12, 2022

Variable compensation can be a useful tool for rewarding employees’ performance to provide measurable results for your business. Let’s dive into all you need to know about variable compensation. Contents What is variable compensation? What is variable compensation? Examples of variable compensation.

Compensation 124

Compensation Benefits Metrics Implementation 124

Help Scout Leadership

AUGUST 22, 2023

Employee compensation is complicated, and can get messy without a good plan. Here's how to create (or improve) your compensation strategy. Read the full article

Compensation 81

Compensation 81

Zenefits

FEBRUARY 7, 2023

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? Why is compensation analysis important?

Compensation 52

Compensation Marketing Benefits Human Resources 52

Peter Winick

NOVEMBER 30, 2022

And that is using a strength to compensate for a weakness. So, if the creation of the content, the writing of the article, the putting together of the book, interviewing folks for research, etc; is the strength, how do you conflate that with what needs to be done with some sales, marketing, and business development? Thanks so much.

Compensation 139

Compensation Sales Sales Marketing 139

AIHR

JUNE 13, 2023

Are you looking to create a sales compensation plan for your company? organizations spend more than $800 billion each year to manage their sales force, with $200 billion devoted solely to compensation. Contents What is sales compensation? Sales compensation is a critical aspect of B2B organizations. Almost 80% of U.S.

Compensation 104

Compensation Sales Sales Metrics 104

Zenefits

FEBRUARY 7, 2023

HR professionals and hiring managers often walk a fine line when it comes to employee compensation issues. If you are involved in the hiring process, you’ve probably already faced challenges with compensation structure and pay levels for existing and new hires. That means employers could face compensation challenges.

Compensation 52

Compensation Human Resources Benchmarking Benefits 52

AIHR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. That’s why a compensation analyst is a fast-growing role and a career path worth considering. Let’s explore the role of a compensation analyst and how you can become one. Contents What is a compensation analyst?

Compensation 96

Compensation Benefits Administration Human Resources 96

Zenefits

FEBRUARY 7, 2023

A company’s compensation plan may be the single most crucial element in attracting top talent and keeping high-performing current employees. Depending on the role, there may be a variable compensation plan in place. When used wisely, variable compensation can attract top talent, motivate employees, and help retain talent.

Compensation 52

Compensation Sales Sales Cash Flow 52

Zenefits

FEBRUARY 7, 2023

After you have selected the perfect candidate for a position, it’s time to offer the compensation package. This package commonly includes both annual compensation and annual salary. This is all relatively straightforward, but the distinctions between compensation vs. salary are meaningful for both employee and employer.

Compensation 52

Compensation Insurance Benefits Transportation 52

Zenefits

FEBRUARY 3, 2023

Do you know what job seekers want when it comes to total compensation packages? A total compensation package goes beyond your new hires’ base pay rate. By offering competitive employee compensation , you can attract and retain talent who will help your business thrive. What is an employee compensation package?

Compensation 52

Compensation Insurance Education Accounts 52

Zenefits

FEBRUARY 3, 2023

What is your company’s compensation strategy ? All sizes of companies can benefit from determining and outlining how they compensate employees for their work and the reasons behind those policies. A solid compensation strategy will specify a pay system incorporating both monetary and nonmonetary remuneration.

Compensation 52

Compensation Insurance Education Benefits 52

Harvard Business Review

OCTOBER 31, 2023

In this article, the authors explain how the intentional management of our online personas can have a positive and measurable connection to pay. To measure the effects of digital presence on compensation, they analyzed a sample of 1,741 executives who changed jobs between 2004 and 2011.

Compensation 136

Compensation Manager Benefits 136

Harvard Business Review

SEPTEMBER 6, 2023

In this article, the author shares insights from two experts on compensation and negotiation. Pay transparency empowers you with information about what’s possible. But how should you negotiate for yourself when a pay band is exceptionally large?

Compensation 133

Compensation 133

Harvard Business Review

NOVEMBER 13, 2023

In this article, the authors share the findings of their research, which shows that the key to building a performance-boosting network is to include people who support you in areas where your cognitive style is not naturally suited.

Compensation 144

Compensation Benefits 144

AIHR

JULY 8, 2024

It helps optimize your compensation planning and satisfy employees by accounting for factors like inflation and industry standards. Fair compensation is necessary as it is a fundamental driver of employee morale and job satisfaction. Salary benchmarking is also crucial for compliance with state and federal labor regulations.

Benchmarking 111

Benchmarking Compensation Marketing Compliance 111

Harvard Business Review

SEPTEMBER 6, 2024

Review your entire compensation package and benefits offered, and make a decision that will best support your priorities now and in the near future. Depending on the benefits, your overall compensation package, including the salary and benefits, could be much higher than a job that offers a high base salary but fewer benefits.

Compensation 127

Compensation Benefits 127

AIHR

APRIL 15, 2024

In this article, we dive into the seven Human Resource Management basics you must know to understand the varied roles of HR within an organization. Compensation and benefits 6. However, for clarity and the context of this article, we’ll continue to use this term. Contents What is Human Resource Management? The 7 HR basics 1.

Human Resources 105

Human Resources Human Resource Information Systems (HRIS) Manager Performance Management 105

AIHR

FEBRUARY 14, 2024

A salary increase letter helps to ensure transparency between the employee and the employer around compensation. According to a recent Glassdoor survey measuring key drivers of employee satisfaction , culture, and values topped the list at 18.4%, with compensation and benefits coming in last at 10.9%.

Compensation 96

Compensation Performance Review Marketing Benefits 96

Harvard Business Review

NOVEMBER 6, 2023

and India, participants with a growth mindset supported increasing low-wage workers’ compensation more than those with a fixed mindset. In 10 studies with over 3,000 participants in the U.S.

Compensation 126

Compensation Human Resources Benefits Manager 126

AIHR

NOVEMBER 1, 2024

In this article, we’ll go over the 10 best practices for HR that are crucial to effective Human Resource management and offer tips for implementing them. Fair and performance-based compensation Compensation is a key element for successful talent management. Offering competitive compensation is a must in this case.

Human Resources 98

Human Resources Compensation Performance Management Employee Engagement 98

AIHR

OCTOBER 24, 2024

This article explores some of the most common reasons for employee turnover and ways to prevent it. For example, data from exit interviews shows that people leave mainly because their compensation isn’t in line with the rest of the market. Compensation Compensation is often still seen as an important predictor of why people leave.

Compensation 97

Compensation Human Resource Information Systems (HRIS) Human Resources Retention 97

AIHR

APRIL 12, 2023

As HR professionals, it’s our responsibility to ensure that every employee is compensated fairly and justly based on their skill set, responsibilities, and experience level. This approach to compensation can benefit both employees and organizations by fostering a sense of fairness and promoting retention and motivation.

Compensation 93

Compensation Implementation Job Analysis Marketing 93

AIHR

JUNE 15, 2021

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. Compensation definitions. What is compa ratio?

Compensation 111

Compensation Marketing Metrics Benchmarking 111

Harvard Business Review

JUNE 11, 2024

The authors suggest that recognizing and rewarding mentorship efforts could mitigate these disparities, ensuring junior women receive adequate support remotely and senior women are properly compensated for their mentoring contributions.

Engineering 138

Engineering Compensation Software Benefits 138

Harvard Business Review

JULY 31, 2024

Drawing on both current studies as well as executive compensation data from the 2008 Great Recession period, the authors show that resume gaps hurt job seekers, both in their ability to get jobs and their pay.

Compensation 135

Compensation Marketing Human Resources Recruitment 135

AIHR

APRIL 3, 2023

A well-designed salary structure is essential for every organization as it serves as a framework for determining fair compensation for employees. Step structure The step compensation structure is largely based on the length of time an employee has been with the company.

Compensation 126

Compensation Job Analysis Education Marketing 126

AIHR

OCTOBER 24, 2023

In this article, we will further unpack what is job leveling, offer examples of a job leveling framework and provide 9 steps for implementation in your organization. Job leveling is a system that defines an organization’s roles, corresponding job descriptions, responsibilities, career paths, and compensation ranges. Let’s begin!

Implementation 104

Implementation Compensation Performance Review Recruitment 104

AIHR

APRIL 1, 2024

In this article, we will explain what job evaluation is, discuss key methods of job evaluation, take you through the full job evaluation process, and share some job evaluation examples. This ensures that compensation is commensurate with the worth of individual roles and that each has appropriate entry and performance requirements.

Job Analysis 105

Job Analysis Compensation Scaling Marketing 105

AIHR

JUNE 5, 2024

This article provides an in-depth list of HR roles and their current salaries. Compensation and benefits : Entails designing programs to attract and retain top performers by offering competitive packages and perks. How much does a Compensation and Benefits Specialist make?

Administration 108

Administration Compensation Employee Relations Recruitment 108

AIHR

SEPTEMBER 13, 2023

This article will explore 21 high-paying HR jobs that offer salaries ranging from over $100,000 to well above $400,000 per year. Compensation Director Salary : $168,000- $278,000 Job description A Compensation Director manages and implements the organization’s compensation strategy and incentive programs.

Compensation 104

Compensation Human Resources Recruitment Administration 104

Harvard Business Review

OCTOBER 10, 2023

That means employers must find new ways to determine appropriate compensation. In a growing number of states and countries, employers are not allowed to ask job candidates’ salary history or even their salary expectations. A key solution lies in salary benchmarking — using aggregated market data to establish competitive pay rates.

Benchmarking 131

Benchmarking Government Compensation Compliance 131

15Five

DECEMBER 29, 2016

– Decouple compensation conversations from performance conversations. This Harvard Business Review article discusses the tensions that have emerged over the last century, between HR philosophies that focus on talent development and those that focus on accountability. 4) The Five Culture Problems That Make People Quit.

SaaS 0

SaaS Employee Engagement Performance Review Performance Management 0

Harvard Business Review

SEPTEMBER 27, 2024

Companies need to navigate if and how employees will be compensated for their data, as well as questions such as who owns and controls that data. As AI becomes more integrated into business, high quality data for training AI becomes more valuable and a more important part of employees’ contribution.

Compensation 111

Compensation Benefits Manager 111

AIHR

NOVEMBER 1, 2022

This article will discuss the skills required for an HR specialist, salary expectations, and how you can become a specialist. Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. Compensation and benefits.

Human Resources 135

Human Resources Compensation Recruitment Employee Relations 135

AIHR

OCTOBER 14, 2024

This article discusses why employee promotion is crucial and how it can improve workforce and business outcomes. Vertical The employee advances to a higher position with additional responsibilities, compensation, and authority. This approval must also align with the company’s compensation structure and comply with pay equity laws.

Onboarding 97

Onboarding Compensation Succession Planning Manager 97

Association Now Leadership

JANUARY 8, 2023

Compensation, in itself, doesn’t generate engagement. That can focus on matters of compensation and professional development, but it involves soft skills too. One bullet point from the report noted that corporate board members are “reviewing and setting strategy on compensation, succession, and culture.” That’s a lot.

Compensation 78

Compensation Nonprofit Retention Government 78

Harvard Business Review

DECEMBER 21, 2023

But beyond the opportunities for personal and professional enrichment and the challenges of adjusting to new environments, what are the implications for their careers over the longer term — and especially for their compensation?

Compensation 137

Compensation Manager 137