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Creating a Compensation Philosophy

People are your organization’s greatest asset, contributing every day to its success. Making smart decisions about how you reward your people for their contributions is …

by Candice Wolken - March 5, 2019
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77% of Organizations Offering Variable Pay Plans

In this competitive talent market, organizations with a formal pay-for-performance philosophy are more than twice as likely to have above average or excellent employee engagement, …

by Connor Harrison - January 8, 2019
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What’s Your Pay Philosophy for 2019?

Turning the calendar to a new year sparks reflection and resolution for many in their personal lives. But it can also be a great time …

by Greg Wolf - January 7, 2019
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How to Wisely Spend the Total Rewards Budget

In many cases having an annual budget is a definite plus. This is also true with businesses. Creating a budget plan helps to have a …

by Salary.com Staff - December 11, 2018
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Planning an Office Holiday Party? Avoid the Naughty List Without Being a Scrooge

There’s a lot of controversy about office holiday parties these days. With the #metoo movement, many organizations are worried about the possible legal ramifications of …

by Tory Waldron - December 5, 2018
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5 Tips for Giving Holiday Bonuses

‘Tis the season for holiday bonuses! Maybe your organization can’t afford to distribute $100,000 holiday bonuses like Hilcorp, but it’s still a great time of …

by Tory Waldron - December 3, 2018
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Job Openings Outnumber Unemployed Workers

Unemployment rates have fallen to historic lows. This phenomenon led to employers struggling to find qualified candidates for job openings. In a “war for talent,” …

by Salary.com Staff - November 28, 2018
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5 Socially Conscious Initiatives to Help Your Business Attract Top Talent

These days, employees elect to join companies with socially-conscious missions – making corporate social responsibility (CSR) essential for businesses of all sizes. And, with millennials …

by Tory Waldron - November 2, 2018
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5 Hiring Trends Your Organization Should Consider

In the modern war for talent, the best candidates are off the market in an average of 8 days. While industry type, brand reputation, job …

by Connor Harrison - October 29, 2018
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A Guide to Recognizing and Eliminating Workplace Bullying from Your Office

Unfortunately, bullying doesn’t just stop off in the school yard. Bullies grow up just like everyone else. And where do they land? The workplace. What …

by Tory Waldron - October 19, 2018
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An Overview of Non-Equity Based Long-Term Incentive Plans

In the war for talent, organizations are finding new ways to retain longtime employees. Short-term incentives go a long way to keep workers engaged year-to-year, …

by Connor Harrison - October 16, 2018
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An Overview of Profit Sharing Plans for Your Organization

In addition to a competitive base salary, employees value other total compensation elements that help make an offer worthwhile. In addition to performance-based short-term incentive …

by Connor Harrison - October 16, 2018
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Understanding Long-term Incentive Plans

When workers are happy, they are more likely to perform better at work. For this reason, companies create incentive schemes to reward their workers for …

by Salary.com Staff - October 16, 2018
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A Guide to Understanding Bonus Structure

Companies can motivate their workers in numerous ways. For some, a high salary can motivate them to work harder. For others, they need to have …

by Salary.com Staff - October 4, 2018
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5 Things to Know Before Starting an HR Career

Whenever I tell anyone that I work in HR, I’m often met with a solemn look and the response “oh, I’m sorry.” First, there’s no …

by Jillian Marques - September 26, 2018
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Bridging the Gap in Healthcare IT A Holy Spirit Health System Testimonial

Healthcare providers started using electronic health records (EHR) in 2015. Due to government incentives, companies kept using EHR systems to their advantage. Holy Spirit Health …

by Salary.com Staff - September 20, 2018
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How to Attract Top Talent to Your Company

It’s essential for every organization to attract top talent to stay ahead of the competition. Not only will a highly skilled workforce drive innovation, companies …

by Salary.com Staff - September 19, 2018
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8 Ways to Boost Employee Wellbeing in the Workplace

Mental health and employee wellbeing have become staple issues of this decade. Companies are taking measures to ensure workers are happy and healthy mentally, but …

by Tory Waldron - September 13, 2018

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