Achievers
JUNE 25, 2019
Some folks are hourly, some are salaried, and depending on what role they play, others receive bonuses or commissions based on their performance. Here are the three most popular types of compensation packages and a few notes on who might be most attracted to them. Straight salary compensation. Simple, right? Not so much.
Insperity
FEBRUARY 22, 2018
Can your employees discuss their salaries or wages with their co-workers? The National Labor Relations Act protects employees’ rights to discuss conditions of employment, such as safety and pay even if you’re a non-union employer. Of course, discussing salaries can be problematic. Have a compensation strategy.
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Insperity
OCTOBER 14, 2021
Compensation services. Did you know that a PEO may offer compensation services, beyond salary surveys? With some PEOs, you can get advice directly from people familiar with the ins and outs of employee compensation. Below are five little-known PEO services to consider before you choose a company.
Higginbotham
DECEMBER 30, 2021
In one example, CNBC says that Macy’s is raising its minimum wage to $15 per hour and adding an education program that covers 100 percent of tuition, books and fees. There is evidence to support the idea that better pay and benefits could convince workers to stay, especially if the benefits are the ones employees truly want right now.
Insperity
FEBRUARY 11, 2021
Starting or acquiring a business is a rewarding experience, and your employees would likely agree. As an employer you shoulder a lot of responsibility, especially when it comes to employee compensation. If you’re unsure about the designation of any employee , seek the advice of a trusted HR professional.
Vantage Circle
JANUARY 19, 2023
Which is why we need different approches to employee compensation. Taking the easy way out and going for cash-only rewards is not as effective long-term as salary compensation that they cannot associate with any special memory. These vouchers can be for hotel bookings, homestays, flight tickets, cruises, and many more.
15Five
NOVEMBER 15, 2018
Because coupling OKRs with compensation conversations can quickly become counter-productive if not done correctly, we’ve gathered best practices below so you can avoid potential pitfalls. Make OKRs an influencing factor in compensation decisions–not the only one. Take into account employee behaviors. Stay away from formulas.
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