Deferred compensation is a remuneration model that enables employees to postpone receiving a portion of their salary to a later date to secure beneficial retirement and investment plans, and reduced tax rates.
Compensatory time off is paid time off that employees can accrue in return for working…
A Cost-of-living adjustment (COLA) is a company-wide compensation increase that corresponds to a rise in…
A talent pool is a selection of outstanding candidates or employees, trained to fill positions…
Burnout is the emotional and or physical exhaustion employees experience due to long term, incessant,…
Remote onboarding is the process of incorporating a new employee into a company and familiarizing…
A salary review is the evaluation process managers conduct to determine if their teams’ salaries…
Compensation management software is a dedicated planning system that streamlines employee data and budget planning…
Employee attrition is the naturally occurring, voluntary departure of employees from a company. Employee attrition…