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Should Compensation Be Tied to Performance Reviews?

15Five

Performance reviews can be scary. Sitting down with your manager to go over your performance for the last year and getting feedback is nerve-wracking but essential for employees who want to grow in their careers. Should you tie compensation and performance reviews together?

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How to Use Performance Reviews to Motivate Employees

15Five

Now, when was the last time you felt that way after a performance review? It’s no secret that performance reviews have gotten a bad rap in recent years. When done right, reviews can inspire the same motivation and drive in your workforce as that conversation did for you. Here’s how: 1. All done, right? Think again.

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Ensure Fairness and Consistency During Performance Reviews with Calibrations

15Five

Here at 15Five, we know the importance of not only running regular performance reviews, but also in ensuring that the process is fair and equitable. This feature enables HR leaders to compare and adjust performance ratings in real time, right in 15Five. Both employees are performing what is considered “at level” for their role.

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How Compensation Analysis Shapes Competitive Compensation Plans

Zenefits

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? Why is compensation analysis important?

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How to give better employee performance reviews? Don’t.

Know Your Team

Our take on how to give better employee performance reviews – and what to consider instead. “How to give better employee performance reviews?” ” This is a question I’ve consistently received over the years, and becomes more pronounced as we enter performance review season.

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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.

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The Supreme Guide to Sales Compensation in 2023 (With Plan Examples) 

AIHR

Are you looking to create a sales compensation plan for your company? organizations spend more than $800 billion each year to manage their sales force, with $200 billion devoted solely to compensation. Contents What is sales compensation? Sales compensation is a critical aspect of B2B organizations. Almost 80% of U.S.