Technology products are an indispensable performance enhancer for compensation professionals, and high-performing companies are more likely to rely on one. But is having a dedicated compensation system really that important? If you’re getting by just using spreadsheets — or doing nothing — why sink time and money into a new system? Is it really that big of a deal? The results of a recent research report from Lighthouse Research & Advisory revealed that high-performing companies are 32% more likely to be using a dedicated compensation system. Meanwhile, low performers in the study were 50% more... view blog & white papers details

Starting a new job can be overwhelming. There's so much to learn and take in, it's easy to feel lost in the shuffle. But with the right onboarding process, both employers and new hires can start off on the right foot. Read on as this article breaks down the essentials of creating an effective onboarding experience. What Is Employee Onboarding? Employee onboarding is the process of integrating a new employee into an organization. It starts from the moment an employee accepts an offer and can last up to a year. Employee onboarding ge... view blog & white papers details

Companies are now getting more and more creative in paying their employees. This is to attract and keep talented employees and stay competitive in the market. Pay bands and variable compensation are becoming more popular, especially among big companies. Knowing how these systems work can help you negotiate a better compensation package when looking for new jobs. Read on as we discover how these payment models work and how they differ from traditional pay. What Are Pay Bands? Pay bands are payment systems that group simi... view blog & white papers details

Compensation planning is how companies determine employee pay and benefits. It is a crucial but often overlooked part of human resources management. Compensation planning is an ongoing process that requires frequent monitoring and adjustment. With the right strategy and knowledge, compensation planning becomes simple and approachable. This guide offers actionable steps anyone can follow. Read on and learn the basics of creating an effective compensation plan. Setting Compensation Strategy and Philosophy To create a good... view blog & white papers details

With remote work becoming more common, companies continue to decide whether it's better for their business in the long run. Some have embraced it, letting employees work from anywhere. Others stick to traditional office commutes. Remote work has been around for years, but people remain debating its impact on productivity and profits. There may be no clear answer now, but new technology suggests remote work is here to stay. So, read on and explore the pros and cons to determine whether it's truly better for companies. The Be... view blog & white papers details

Working from home has become more common than ever before. Remote work has benefits, but it brings unique challenges for managers. Performance management is one of the challenges with remote workers. Compared to the traditional work setup, remote workers need a more personalized approach and strategy. To manage remote employees well, managers need to adapt traditional techniques for the virtual world. Read on and discover the right strategies to maximize remote team's performance. Setting Clear Goals and Expectations for Remote Employees Working with a remote team is challenging for both parti... view blog & white papers details

Fair pay is crucial, regardless of the employee’s location. But with different laws, economies, and living standards worldwide, it can get tricky for companies to pay employees right across borders. Global compensation is something every company needs to understand well. Read on and discover the ins and outs of global compensation. What Is Global Compensation? Global compensation includes the salary and benefits that employees get from multinational companies. These companies have offices in various countries, so they must decide on fair pay for each location. Companies consider currency excha... view blog & white papers details

When setting compensation, it can be tricky to know where to set the pay bands. Companies may want to offer competitive salaries to attract top talent, but they also cannot spend recklessly. Striking the right balance requires savvy use of market data. This article explores how HR leaders can use real-time salary insights to build smart compensation bands. With the right data and methods, companies can set pay bands that help land their dream hires without blowing the budget. They can look at market rates, adjust to specific needs, and update pay bands regularly. Learn insider tips to build ba... view blog & white papers details

Companies and employees need to keep up with new technology and skills to stay competitive and employed. Employee upskilling means teaching existing employees new skills to improve their current roles or prepare for new ones. This practice benefits companies by increasing productivity, innovation, and employee retention. For employees, learning new skills through employee upskilling can lead to higher pay, job security, and a more interesting career. Read on and discover the importance of employee upskilling, how to create effective employee upskilling programs, and the benefits it brings for ... view blog & white papers details

Hiring new people can be stressful and time-consuming. The entire hiring process is a big task that takes up a lot of resources. It involves posting job ads, reviewing resumes, conducting interviews, and evaluating candidates multiple times before making an offer. What if there is a way to simplify and speed up hiring using technology? Automated recruitment uses algorithms and AI (artificial intelligence) to perform repetitive and time-consuming hiring processes. Read on to learn more about automated recruitment and how it streamlines the hiring and recruitment processes today. How Automated R... view blog & white papers details