Annual compensation planning is an essential process for organizations to manage employee pay effectively. This looks at how well the company is doing, what other companies pay, and how well each employee is doing. The person who takes charge of all this is the compensation planner. They play a key role in making sure everyone gets fair pay. When everyone is paid fairly, it keeps the company successful and the employees' content. This article explores annual compensation planning and its importance for organizations while emphasizing the significant role of the compensation planner in creatin... view blog & white papers details

A salary benchmark job is defined as a job that is widespread across many industries. For example, Accountant is a benchmark job. Some companies may title the job Bookkeeper or Financial Planner. But if the job descriptions for these roles are the same, they would each fall within the benchmarked job of Accountant. Compensation surveys use benchmark jobs so that participating organizations can be consistent in reporting compensation data for their employees. They also assure workers doing the same job are paid comparatively to other workers, even if they have different job titles, and even if ... view blog & white papers details

According to one of our recent surveys, the majority of companies have had some or all employees working from home during the pandemic. In the post-pandemic era, some are now considering the option of remote work as a permanent benefit. As a result, we’ve been getting lots of questions from customers about how to adjust reimbursement policies to better address remote workers. They’re asking what expense reimbursements are obligations imposed by laws and regulations, and what other companies are doing to make remote workers as productive and motivated as possible. Expense reimbursements for rem... view blog & white papers details

Businesses having the latest technology and equipment are at an advantage. But these tools become less valuable when workers lack manufacturing skills to operate them. The real key to success in manufacturing is having skilled employees. Investing in extensive manufacturing skills training for employees is a smart move. Read on to learn more about essential skills to succeed in the manufacturing industry. Importance of Manufacturing Skills The manufacturing industry depends a lot on its workers' skills. As technology and processes evolve, workers need to keep getting better. Here are the some... view blog & white papers details

Onboarding new hires is one of the most vital things a company must get right as it lays the foundation for success. Do it poorly, and you risk new hires feeling frustrated, overwhelmed, and less engaged. This often leads to higher turnover. Onboarding is your secret weapon for ensuring new hires thrive in their roles. Investing time to do it right will reap the rewards through increased productivity and job satisfaction. The key is to ensure new hires feel welcome, prepared, and motivated. When they feel supported, they will start strong and hit the ground running. What is an Employee Onboar... view blog & white papers details

A complete employee onboarding checklist is needed for welcoming a new employee. Getting a new hire up to speed quickly and effectively is critical to their success and productivity. An employee onboarding checklist will ensure a streamlined transition into their new role. This article provides a complete employee onboarding checklist to help you get everything covered. The Welcome Email Checklist Make a great first impression with a welcome email. Use a personal and friendly tone: Congratulate the new employee on joining the team. Express how excited you are to have them on board. Share the... view blog & white papers details

The skills and abilities most companies need may already exist within their current workforce. Employees are multi-dimensional - their skills, experiences, and motivations extend far beyond their job titles or current duties. With keen eyes and open minds, managers can find unexpected strengths, leadership qualities, and people skills that open new doors. The key is knowing how and where to spot these untapped skills and abilities. Knowing the Difference: Skills vs Abilities The distinctions between skills and abilities are often unclear. Understand each term to know their differences well. ... view blog & white papers details

Updating your sample home office reimbursement policy Step 1. Review current policy. Step 2. Ensure legal compliance. Step 3. Gather employee feedback. Step 4. Update and clarify eligible expenses. Step 5. Communicate the new policy. Step 6. Seek professional advice. As the world continues to adapt to the new normal, the traditional office environment is being redefined. Adapting to this new reality requires a reassessment of policies, including your company's sample home office reimbursement policy. This update is a chance to show your commitment to supporting remote employees by acknowledgin... view blog & white papers details

Ever wonder what exactly is involved in a certain job role or position? Not just what the job listing says but the details of its daily tasks and functions. A job analysis definition aim to uncover these important details by thoroughly exploring a role. Whether an employee seeks a new career or a company aims to hire fresh talent, a job analysis definition is key. It provides a data-driven approach to defining a job's specifics. This includes the required skills, knowledge, and duties, which enable individuals and companies to make informed decisions. Job Analysis Definition The job analysis ... view blog & white papers details

Employee benefits are an important part of compensation for everyone. For employees, benefits can mean the difference between getting preventative and needed health care or not. Benefits can also provide a healthier workforce and a safety net of paid time off, flexible work, and retirement contributions. For employers, benefits make the organization more competitive to attract new employees and retain the ones they have. A 2021 study found that current employees are looking for flexible work, tech tools to support remote work, mental health support, and childcare. Another recent study found th... view blog & white papers details