What is a merit increase and how does it work?
Learn the definition and meaning of merit increases, how to calculate them, and how they reward outstanding work achievements or performance.
read more >
Performance improvement plan template
Help your teams grow by detailing an organized approach to performance management
What is salary benchmarking?
Salary benchmarking is the process of evaluating a company’s internal job salaries based upon their…
read more >
What are exempt and non-exempt employee statuses?
Learn how knowing the difference between exempt and non-exempt statuses can help your business stay…
read more >
What are fringe benefits?
Fringe benefits are supplementary forms of payment that employers provide team members in addition to…
read more >
Benefits administration
Learn what benefits administration involves and how smart processes and tools create smooth, compliant experiences…
read more >
What are supplemental wages?
Supplemental wages are a form of compensation employers offer in addition to base income.
read more >
What is a compensation plan?
Discover how compensation plans are the backbone of attracting and keeping talented professionals.
read more >
What is compassionate leave and how does it work?
Learn all about compassionate leave: time off from work for people to deal with a…
read more >
What is a performance bonus?
Discover how performance bonuses can help keep people engaged and motivated.
read more >
What are on-target earnings? OTE definition, examples, and calculations.
Among the various types of compensation, on-target earnings (OTE) stand out for their ability to…
read more >
What is base salary?
Base salary is the benchmark for raises, bonuses, and commissions, offering a clear structure that…
read more >
What is biweekly pay?
Learn how biweekly pay can lead to increased team member satisfaction and lower administrative expenses.
read more >
What is imputed income?
Discover how HR teams can proactively manage imputed income to deliver impactful, tax-smart benefits that…
read more >
What is retro pay?
When handled efficiently, retro pay shows your commitment to fair compensation and ensures payroll issues…
read more >
What are the objectives of compensation management?
Having the right compensation strategy can drive a more engaged and productive workforce. Leverage these…
read more >
What is compensation management?
Compensation management is the process of managing analyzing and determining the salary, incentives, and benefits…
read more >