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Trends and Best Practices

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The Rising Cost of Turnover

Download Now When turnover occurs, costs can accumulate quickly. Download this white paper for tips on how to prevent the turnover wave from crashing down …

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Job Description Examples and Templates

Download Now Download our Job Description Examples and Templates as a starting point for documenting employee core competencies.

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Building and Analyzing Salary Structures

Download Now Download our white paper to learn how to model and refine, and maintain and update pay structures within your organization.

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Compensation Ratios for HR – Explained!

How competitive are your company’s salaries? How fair is pay among your workforce? A quick way to identify potential problem spots is with compensation ratios. …

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Stop a Red Circle Rate From Ruining Your Salary Ranges

The term “red circle rate” is used to describe an employee whose pay is above their position’s maximum rate. Conversely, a “green circle rate” is …

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What is a Merit Matrix?

A merit matrix, also known as a merit increase matrix or salary increase matrix, is a mathematical grid that compensation professionals provide to help company …

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The Magic Formula to Calculate Turnover Rate

Are you looking to calculate annual turnover rate for your company? It’s easier than you think once you know the annual turnover rate formula. In …

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Calculating Prorated Bonuses and 13th Month Bonuses

There are several reasons why you may wish to prorate an employee’s bonus – that’s is, pay them just a portion of the total amount …

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Hot Jobs in Tech Reflect Current Economic Trends

The United States has been enjoying a long stretch of economic growth, with unemployment rates of hitting a record low of 3.7% last year. Though …

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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. …