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The 5 Biggest Compensation Strategy Challenges for HR Leaders

15Five

With today’s competitive talent market compounded by economic factors like high inflation, people leaders face tremendous pressure to create a competitive compensation strategy. They also want fairness and equity, both in the way they’re treated and how they’re compensated. . Common compensation strategy challenges.

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Should Compensation Be Tied to Performance Reviews?

15Five

Since feedback is hard to come by, separating compensation and focusing on performance during the review process is necessary. Should you tie compensation and performance reviews together? For nearly 60% of organizations, compensation and performance decisions are made simultaneously. Did they notice a difference?

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SCOTUS to hear overtime pay case involving worker who earned $200K a year

Zenefits

Legal experts say Helix Energy Solutions Group, Inc. Hewitt could have an enormous impact on employers using the “daily pay rate” model – a common payroll practice in the oil, gas, and energy industries. Helix said the former employee qualified for the federal law’s “highly compensated employee” exception to premium pay.

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PEO for Small Business? Yes, Yes, and Why.

Zenefits

In addition to payroll administration, a PEO may administer health insurance and other employee benefits. They can also handle payroll taxes, workers’ compensation coverage, employee onboarding, employee training and development, and more. This can provide employees with greater benefit options at a better price.

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Unlocking Insights: The Ultimate Survey Question Template Blog

Vantage Circle

Compensation and Benefits Benefits are vital for attracting and keeping top talent, improving employee satisfaction, and overall well-being. Measuring benefits helps organizations make informed decisions, adapt to employee needs, and stay competitive in the market. Is coaching culture prevalent in your organization?

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Total Well-Being and Rewards: How Microsoft Does It

AIHR

In this episode of All About HR season 2, we sit down with Kristen Roby Dimlow — Corporate VP of Total Rewards and Performance at Microsoft — to discuss how to build a holistic and inclusive benefits plan to reward and support your employees. And rewards is such a powerful lever, it’s compensation, it’s benefits, and in my case performance.

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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

Up until the millennials came about, the types of employee benefits that one can provide was literally the last thing on the company’s mind. These young, bright and technology-driven workers started paying more interest to things like diversity , employee benefits package , and workplace culture. I really understand your dilemma.