Articles

Compensation Surveys Top 5 Reasons Why Your HR Consulting Firm Should Participate in One Your HR consulting firm’s success hinges on your ability to retain and motivate the right talent. But do you know how a compensation survey can help you achieve this goal? First, let’s take a look at what compensation surveys are, then …

Compensation Surveys: Top 5 Reasons Why Your HR Consulting Firm Should Participate in One Read More »

Maintain and Communicate a Competitive Pay Philosophy Part 5 of a 5-part series on how to build a compensation strategy for your company that balances corporate goals and industry shifts, supports business strategy and ensures pay transparency. In this final part of our series, we look at the importance of developing a formal compensation communications …

Maintain and Communicate a Competitive Pay Philosophy Read More »

Linking Compensation and Performance Management Part 4 of a 5-part series on how to build a compensation strategy for your company that balances corporate goals and industry shifts, supports business strategy and ensures pay transparency. Performance Impacts Pay Previously, we covered compensation principles that help ensure your company’s pay strategies produce the results required and …

Linking Compensation and Performance Management Read More »

A SampleCompensationPhilosophy Part 3 of a 5-part series on how to build a compensation strategy for your company that balances corporate goals and industry shifts, supports business strategy and ensures pay transparency. According to a 2023 Payscale best practices report, only 55% of organizations have a written compensation policy statement. For those who do not, …

A Sample Compensation Philosophy Read More »

In today’s business landscape, HR executives need to shape compensation strategies that resonate with both their workforce and organizational objectives.

Compensation Principles for Effective Pay Strategies Part 2 of a 5-part series on how to build a compensation strategy for your company that balances corporate goals and industry shifts, supports business strategy and ensures pay transparency. Striking a balance with core compensation principles For the majority of organizations, core compensation principles should strike a balance …

Compensation Principles for Effective Pay Strategies Read More »

Compensation Strategy: Balancing Company Goals With Industry Shifts Part 1 of a 5-part series on how to build a compensation strategy for your company that balances corporate goals and industry shifts, supports business strategy and ensures pay transparency. Fair Pay for Employee Contributions When managers discuss pay with their employees, they often encounter questions for …

Compensation Strategy: Balancing Company Goals with Industry Shifts Read More »