article thumbnail

Compensation Planning in 7 Actionable Steps

AIHR

Thorough compensation planning allows your organization to create compensation systems that reward employees fairly and support business goals. What exactly is compensation planning, what are its objectives, and how do you go about compensation planning in practice? Contents What is compensation planning in HR?

article thumbnail

14 Compensation Philosophy Examples [+ Free Template]

AIHR

In its simplest form, a compensation philosophy summarizes an organization’s guiding principles around employee salaries and benefits. Some companies do this exceptionally well, and you’ll find 14 of the best compensation philosophy examples below. Contents What is a compensation philosophy?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Variable Compensation: All HR Needs to Know

AIHR

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.

article thumbnail

How an HR Operating Model Changes with Scale

AIHR

If HR departments want to deliver excellence, they need to set up an effective HR operating model. In this article, we’ll look at how the HR operating model evolves in a rapidly scaling company that goes from 40 to 400 employees in just three years. Contents What is an HR operating model? What is an HR operating model?

article thumbnail

The 7 Core HR Processes: Your Ultimate 2024 Guide

AIHR

Core HR processes include recruitment, employee onboarding , training and development, performance management , compensation and benefits , employee relations , and compliance. HR processes can improve a business’s operation, clarify its overall purpose, and help it grow. Learn more Performance Appraisal: The Ultimate Guide 5.

article thumbnail

HR Operations: The Essential Guide

AIHR

HR Operations is an indispensable part of every HR department. What exactly does HR operations do, what are their key responsibilities and main goals? Contents What is HR Operations? Key responsibilities of HR Operations The main goals of HR Operations HR operations manager role. What is HR Operations?

article thumbnail

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.