Remove Benefits Remove Compensation Remove Performance Review Remove Presentation
article thumbnail

Demystifying Compensation with Data-Driven Total Rewards Statements

15Five

Attracting great talent has never been more competitive, with companies understandably wanting to provide the most enticing compensation packages possible. Unfortunately, many potential candidates and existing employees don’t comprehend the total value of their compensation package outside of salary alone.

article thumbnail

Key Human Resources (HR) Pillars: Your 101 Guide

AIHR

A department : The HR department manages all HR activities, including recruitment, onboarding, compensation, development, performance management, and employee relations. Many companies conduct performance reviews on an annual basis, with ongoing feedback or informal reviews throughout the year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Your Guide To Creating a Salary Increase Letter (Plus Free Template)

AIHR

A salary increase letter helps to ensure transparency between the employee and the employer around compensation. According to a recent Glassdoor survey measuring key drivers of employee satisfaction , culture, and values topped the list at 18.4%, with compensation and benefits coming in last at 10.9%.

article thumbnail

A Full Guide To the Human Resources Specialist Role

AIHR

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. Compensation and benefits. Compensation and benefits specialists handle employees’ compensation and benefits.

article thumbnail

Employee Happiness Survey: 21 Questions To Ask & How To Analyze the Results

AIHR

times more important than compensation compared with industry norms. Do you feel your manager provides you with helpful feedback and performance reviews? Compensation and benefits questions: Do you feel your current compensation and benefits package is fair and competitive? Did you know?

article thumbnail

21 Highest-Paying HR Jobs in 2023

AIHR

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They design, implement, and monitor employees’ equity and compensation plans.

article thumbnail

4 Strategies To Help Organizations Fix the Gender Wage Gap

15Five

Let your potential team members know that you will present them with the best offer based on your company’s rubric. Give women equitable opportunities to progress with performance management and succession planning. Companies can combat this by taking a look at their performance management and succession planning process.