How to implement your first compensation plan

How to implement your first compensation plan

When pay decisions rely on gut instincts, gender bias, and unreliable data, compensation decisions can create complications and setbacks. To replace your ad-hoc compensation plans with a solid strategy, you must consider what’s included in the program, how compensation impacts the employee life cycle, as well as when—and how—you should launch your strategy.

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Compensation management

Why you should manage compensation using HR Tech

Managing compensation is a complicated task. It’s an essential part of administering and ensuring equitable pay, meeting employee expectations and maintaining organizational fiscal responsibility. Using HR Tech, HR teams can manage, find, and leverage HR data in a fraction of the time it takes when that data is stowed away in a spreadsheet.

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Performance and compensation guide Hibob

Performance and compensation, should they be connected?

When building a compensation strategy or updating an existing one based on organizational growth, it’s imperative to consider how compensation connects to performance, and how that connection can inspire your employees to drive the organization forward.

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benefits programs Hibob

What people really want

Foreword When even the supermarkets are sending us personalized offers, people expect at least as much from their employers. Every year UK businesses spend billions of pounds on benefits.The keyword in there being ‘benefit’... the stuff you spend all that money on to look after your staff! Much to our concern, our research tells us only 1 in 3 employees understands and actually uses their benefits often. What does this mean? Billions of pounds are being wasted on benefits that fail to resonate, offering little upside to anyone other than…

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