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What Is Compensation Management and What’s HR’s Role in it?

AIHR

Is your compensation management approach helping or hurting your organization in the talent war? In a recent LinkedIn Talent Solutions report , compensation was ranked as the #1 top priority for candidates worldwide. In this article, we’ll explore the ins and outs of compensation management and why it matters.

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5 Ways to Empower Managers to Lead Compensation Discussions

15Five

At any stage of the employee lifecycle—from talent acquisition to performance managementcompensation 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. Why managers are the key.

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The 5 Biggest Compensation Strategy Challenges for HR Leaders

15Five

With today’s competitive talent market compounded by economic factors like high inflation, people leaders face tremendous pressure to create a competitive compensation strategy. They also want fairness and equity, both in the way they’re treated and how they’re compensated. . Common compensation strategy challenges.

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Performance Management 2.0: Improving Your Employee Motivation Strategy

15Five

I joined 15Five’s Director of People Science, Courtney Bigony and Chief Culture Officer, Shane Metcalf, in a recent webinar where we addressed ratings and compensation as they relate to performance reviews. In my book, Next Generation Performance Management , I differentiate between Performance Management 1.0 (PM

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These Experts Redefine Effective Performance Management

15Five

Among all the challenges HR professionals face, few are more important than measuring and addressing employee performance. Unfortunately, effective performance management is a topic fraught with questions: Are ongoing feedback sessions preferable to traditional annual reviews ? It’s all about flipping performance management.

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Introducing 15Five Compensation: Connecting Pay and Performance to Retain Top Talent

15Five

At 15Five, we understand the critical importance of aligning compensation with performance to drive organizational success. You can’t separate pay from engagement, retention, or performance. The gap between performance and compensation is costing your business. Why wouldn’t they leave for higher pay?

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Does Performance Management Really Help Every Employee Become Their Best Self?

15Five

Today, we are at the forefront of a new category of software that helps leaders and managers drive high performance by bringing out the best in their people (commonly referred to as continuous performance management). If you shouldn’t be doing Performance Management, what should you be doing?