Our partners at WorldAtWork recently published an article explaining the importance of compensation management tools as companies continue to adapt to the rapidly changing business landscape.  The past few months have proven especially difficult for HR professionals. Many organizations have had to make some tough decisions in the face of the pandemic – notably seen through widespread furloughs and lay-offs. As some businesses are just trying to stay afloat, it may be difficult to think past what is directly in front of them; however, it is important to consider how their workforce will impact ... view blog & white papers details

Offering employee benefits in a small business Step 1. Evaluate your current offerings. Step 2. Research affordable options. Step 3. Consult with professionals. Step 4. Customize benefits packages. Step 5. Promote education and awareness. Step 6. Stay flexible and creative. It's no secret that employees, especially experienced talents, prefer organizations that offer comprehensive benefits. This poses a great challenge for small businesses in offering employee benefits despite operating on tight budgets. Salary.com's Consulting Services can help your organization develop competitive yet cost-e... view blog & white papers details

Have you been feeling like your business is stuck in a rut lately? Employee morale and productivity must catch up, or high turnover poses challenges for your bottom line. If any of this sounds familiar, consider bringing in some outside help. Human resource consulting services exist to help companies address issues with their organizational processes. They can offer an unbiased, knowledgeable viewpoint to assist in diagnosing issues. If you are ready to make that happen, human resource consulting is the spark you need to take your company's culture to the next level. Why struggle alone when yo... view blog & white papers details

When it comes to running a business efficiently, having the right shift work schedule in place is vital. From optimizing employee productivity to boosting customer satisfaction, the hours the team works directly impact the bottom line. This article explores how to design an effective shift schedule that sets your business up for success. Learn expert tips on staggering shift start times, structuring split shifts, managing weekend coverage, and more. This guide is for those looking to boost workflow, increase sales, or keep top talent. Discover how to use a shift work strategy to drive gains ac... view blog & white papers details

The success or failure of your organization and business strategy will often rest on how you set up and measure your compensation philosophy. Having a comprehensive compensation philosophy is essential for aligning your goals and strategy with the most effective ways to attract, motivate, and retain the talent you desire. Creating a comprehensive compensation philosophy can be complex, however. In this article, we will answer the question: What is your overall compensation philosophy and how does it align with your business goals and strategy? There are many factors to consider when answering ... view blog & white papers details

The rapidly changing business landscape means that organizations can often struggle to keep up with the times. For organizations to stay up to date with evolving technologies and innovative competitors, they need to have a skillful and adaptable workforce. To assist them in building this, they can implement a skills and competencies framework. Many organizations are struggling with nagging pain points. We will take a look at some of these pain points in this article. From there, you can then figure out whether a skills and competencies framework can help you address these pain points. Misalig... view blog & white papers details

Utilizing your current coworkers and seeking their suggestions helps you find the right people and form a strong team. When companies offer rewards for successful recommendations, it motivates team members to recommend their skilled friends and colleagues. When you are in Human Resources or your company has a referral reward program, learning more about this bonus can show you its benefits for both the company and its teams. In this article, explore referral bonuses, their various types, and the advantages they bring to your business. What is an Employee Referral Bonus? An employee referral bo... view blog & white papers details

Unfair pay practices have adverse effects on employees. What does not get as much attention is how unfair pay practices are affecting businesses too. When employees discover companies underpay them compared to their coworkers, it damages relationships, breeds hatred, and ruins motivation and loyalty. This effects cost companies money through lost productivity, high turnover, and damaged culture. Studies show that unfair pay practices reduce productivity by over 25% in affected teams. It can cost over 150% of the salary discrepancy to repair. Fair and equal pay practices must be a major focus f... view blog & white papers details

Using variable pay in your business Step 1. Understand your business needs Step 2. Choose the right variable pay structure Step 3. Communicate the variable pay plan clearly Step 4. Set specific targets and metrics Step 5. Integrate variable pay into your compensation package Step 6. Monitor and adjust the variable pay structure Step 7. Evaluate the impact on employee engagement and retention Variable pay is a strategy used by organizations to motivate employees to do their jobs effectively and reward them for their performance. Unlike a fixed salary, variable compensation, like profit sharing ... view blog & white papers details

Write and Manage Job Descriptions the Easy WayJob Architect makes it easy to create, approve, and manage job descriptions.Transform Your Talent Management with Skills & Competency AlignmentHow adopting a Skills & Competency Model will help fill the skills gap, get pay right, reduce turnover, and improve employee retention.When Employers Should Focus on Competency vs Skill: A Guide in Simple TermsWhen discussing employee qualifications in the workplace, the terms "competency" and "skill" are often used interchangeably. This article helps in grasping the nuanced differences that define competenc... view blog & white papers details