Compensation Conscience
Ensuring employees stay engaged and motivated can be tough. Some workers may lose interest, especially when it comes to performance-related pay. But there is a …
Pay compression is a problem that often sneaks up on companies. Over time, new hires come in at higher salaries, while long-term employees' pay stagnates. …
It is no secret that compensation is one of the biggest expenses for any company. And let us be honest: who does not want to …
Technology is everywhere. Even in skill-based strategy, technology plays a vital role. But it doesn't solve everything, especially for companies using skills-based hiring. While tech …
When it comes to establishing fair and competitive pay, job evaluation plays a crucial role. While it may seem complex, breaking down the process into …
Paying your employees is a major cost for your company, and handling it correctly is crucial for various reasons. Compensation management software offers significant benefits …
Implementing a skill-based strategy takes dedication and planning to get it right. But for companies willing to make the investment, it can really pay off …
When it comes to paying employees, few things cause as much confusion as overtime pay. The Fair Labor Standards Act (FLSA) creates guidelines for paying …
Do you know that feeling when you learn some new skills and competencies that make you more valuable at work, but your paycheck doesn't reflect …
As remote work continues to reshape the modern workplace, HR departments are facing new challenges in managing teams. Yet too many of the guides that …
Today's businesses always need to be adaptable and produce new ideas quickly to stay ahead. One important part of a company that often gets neglected …
Organizations are facing new challenges when it comes to paying their employees. Economic uncertainty, the rise of remote work, and the phenomenon of "quiet quitting" …
Companies today need employees with innovative skills to stay competitive. But how can they reward and compensate employees for engaging in continuous skill development? It …
Payroll can get complicated fast, especially when it comes time to record all those journal entries. For someone new to payroll accounting, the idea of …
When the clock strikes midnight, does the paycheck get bigger? For other employees pulling the graveyard shift, the answer is yes. Shift differential pay gives …
Providing bonuses and incentives are the best way to boost morale and productivity. But they can be tricky to implement effectively. This article covers the …
Many people think of entrepreneurship as a place where brave risk-takers with big ideas succeed. While these people are important for making new things happen, …
In an evolving business landscape, your team constantly needs to be learning and upskilling. But finding the budget for training is only half the battle. …