The objectives of compensation management are to attract, engage, and retain employees through competitive compensation plans that align with the company budget, corresponding job-market, and government regulations.
Supplemental wages are a form of compensation employers offer in addition to base income. While…
Soft and hard HRM are two different approaches to Human Resource Management. Human Resource Management…
Benchmarking is the process of comparing similar characteristics between or within businesses, identifying the most…
HR tech (Human Resources technology) is a broad term that refers to the software and…
A Performance review is an in-depth assessment that managers conduct to gauge employee progress, strengths,…
Diversity management is an organizational process used to promote diversity and inclusion in the workplace.…
Diversity, equity, inclusion, and belonging (DEI&B) in the workplace are intertwined values that involve hiring…
Employee satisfaction refers to professionals' overall contentment regarding their company and job. A high level…
Pay parity is the practice of paying people equitably. This means that those in the…
Core company values are the main principles that guide companies in continuously prioritizing their mission,…
Employee happiness is a fairly straightforward concept referring to the state of having a positive…
HR processes refer to the fundamental strategies necessary to support the employee lifecycle and a…
A boomerang employee is a professional who leaves a company and is rehired at a…
Employee wellbeing refers to a professional's holistic state of mental, emotional, and physical health. According…
Core HR is an umbrella term used to refer to three distinct things: The primary…