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Compensation Corral - February 2018

Compensation Corral: February’s Round-up of All Things Comp

  Welcome to the second edition of the “compensation corral” – a monthly round-up summarizing 10 topically relevant articles in …

Pay for Performance

Pay for Performance: Driving Alignment and Merit Pay Program Success

Communicate how your pay-for-performance policy can help employees reach goals In every organization, there are different business units with very …

Communicating Your Pay Plan

Communicating Your Pay Plan Deserves More Than an E-mail Blast

  The compensation landscape is changing. Employers are expected to step up to the plate and deliver ongoing compensation conversations …

Editor's Pick : Employee Turnover: Calculating the Real Cost

There’s always a slew of numbers floating around the internet claiming to represent the amount of money organizations lose when one of their employees ...

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Why Companies With High Turnover May Be Doomed

Your company’s turnover rate is defined as the number of employees who depart your organization over the course of a year. According to the 2018 …

by Brett Rudy - March 15, 2019
Why Companies with High Turnover May Be Doomed
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Understanding Total Compensation

Total Compensation Definition: It is not just an employee’s salary. While many employees think of compensation in terms of their base pay, they may also …

by Sarah Reynolds - March 14, 2019
Understanding Total Compensation
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The Role of Compensation Policy in a Compensation Plan

When developing a compensation plan, your compensation philosophy is the compass to guide decision-making. Meanwhile, your overall compensation strategy establishes the programs to bring the …

by Greg Wolf - March 14, 2019
The Role of Compensation Policy in a Compensation Plan
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The Role of Strategy in a Compensation Plan

If you are looking for compensation strategy examples, you’ve come to the right place. The following is the first in a three-part series on compensation …

by Greg Wolf - March 14, 2019
The Role of Strategy in a Compensation Plan
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Creating a Compensation Plan

Let’s explore how the key components of the compensation and total rewards planning process come together to create a comprehensive compensation plan for your organization. …

by Greg Wolf - March 14, 2019
Creating a Compensation Plan
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How to Keep Flight Risk Employees Grounded

Employees are the most valuable asset at any company. Employees create and sell the company’s service or product, manage customer interactions, create company culture, and …

by Brett Rudy - March 5, 2019
Flight Risk Employees
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Presenting a Compelling Compensation Package

Employees may focus on base pay when thinking about compensation, but their compensation extends beyond just their base salary. In this competitive labor market, presenting …

by Candice Wolken - March 5, 2019
Compiling a Compensation Package
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Addressing Problems with Minimum Wage

From the time it was introduced in 1938, the U.S. minimum wage has sparked controversy. Is minimum wage a federal issue? Should minimum wage be …

by Candice Wolken - March 5, 2019
Minimum Wage Problems
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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
Creating a Compensation Philosophy
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Understanding the Gender Pay Gap in America

The gender pay gap is the difference between men’s and women’s median annual earnings from full-time, year-round work. Based on data from the U.S. Census …

by Sarah Reynolds - February 8, 2019
Understanding the Gender Pay Gap