Have you ever wondered that companies offer employees? You have  heard the term "stock options" thrown around or "RSUs" and are not  quite sure how they work. Indeed, you have found the right place.  Instead of just receiving a paycheck, some companies opt to give employees equity payments as a kind of compensation. Read on to finally understand this key aspect of your employee benefits. Why Do Businesses Offer Equity Payments? The answer is simple. Employees receive stock options or equity payments for staying with a company. But there is more to this. Companies provide equity for the followi... view blog & white papers details

The way that organizations manage talent in an increasingly connected world can give them a competitive advantage over other organizations. Two of the main approaches that organizations can take are regional and. Let’s take a look at how these approaches compare and the differences between them. Defining Regional and Global Talent Management Let’s begin by defining regional and global talent management. When it comes to talent management, organizations can decide whether they will take a regional or a global approach. Deciding which one to take isn’t always easy, however. Regional talent manag... view blog & white papers details

Motivating and engaging the team is one of the most vital tasks of any company leader. While pay is a factor, a strategic bonus plan can drive peak performance. The key is to find the right bonus plan examples suitable for the team and company culture. There are diverse bonus plan examples to consider, each with pros and cons. With the right bonus plan in place, the team becomes more motivated and invested in the overall success of the company. Bonus Plan Examples Based on Skills Bonus plan examples based on skills reward employees for developing and using abilities that benefit the company. P... view blog & white papers details

Thank you for checking out the sixth edition of the “compensation corral” - a monthly round-up summarizing 10 topically relevant articles in the space. This month's hot topics include Iceland narrowing the gender pay gap, the #MeToo era’s impact on hiring processes, paid leave updates, the digital workforce, and more. Here’s the top 10 articles from June we feel are worth the read: 1) Iceland Wants to Close Gender Pay Gap by 2022 When people think of Iceland, some things that come to mind include Vikings, glaciers, and hot springs. What they might not associate this country with is being on th... view blog & white papers details

Let's say your organization has bought into the idea of building a people analytics capability. Great! First step is to start shopping for tools right? That was my thinking as well. Full disclosure…I've spent most of my career working for software companies that build and sell analytics tools. I believe that it is more efficient and effective for a company to buy an off-the-shelf product than to build their own or cobble something together from different pieces of technology. Here are the reasons why: Your organization focuses on its core business, not developing an analytics software product ... view blog & white papers details

Making employees feel valued is important for keeping them motivated and doing their best at work. When people feel appreciated for what they do, they stick around longer, work harder, and become loyal to the company. There are various ways managers, and the HR department can show appreciation. But it is crucial to have clear compensation management policies in place. These policies spell out exactly what employees get in terms of rewards for their work. What Is Compensation Management? Compensation management invol... view blog & white papers details

Discussing how much people get paid at work, known as pay transparency, has become a big topic recently. It means companies are openly discussing their pay structures with employees. Even though it is seen as important, not all companies follow this practice. This article looks at why many companies do not practice and adopt pay transparency and how specialized software for managing pay can help address this. The Importance of Pay Transparency Being open about how much people get paid is important for both employees and companies. Explore some of the main reasons why pay transparency is a good... view blog & white papers details

Compensation management is critical for any business as it determines employees' salaries, bonuses, and benefits. Since it directly influences employee motivation, productivity, and loyalty, it is essential for companies to adopt effective and error-free practices in this area. This article investigates the repercussions of human errors in compensation management. It examines the negative impacts on both the company and its employees. Additionally, it provides suggestions for organizations to implement precise, efficient, and successful compensation management practices. ... view blog & white papers details

Effective people performance management is crucial for the success of any organization. It ensures that employees are motivated, engaged, and aligned with the company's goals. But many companies remain struggling with this aspect of management. Because of this, productivity decreases, morale becomes low, and turnover rates become higher. This article will explore common errors companies make in managing people's performance and ways to fix these mistakes for things to work better for everyone.  In the end, discover why companies need software to improve goal and people performance management. ... view blog & white papers details

Remote working jobs are no stranger anymore. The pandemic proved that working remotely in some job positions is possible. Many employees found the benefits of working remotely during this period. As the pandemic restriction is slowly lifted, some companies want to return to working onsite. Some jobs cannot be performed remotely because of their nature. But companies that require onsite setup may find it challenging to attract talent who prefers to work at home. Ladders researchers found that 25% of all professional jobs in North America will be remote before the end of 2022. They predict more ... view blog & white papers details