Blog Category: Compensation

Inflation’s Impact on Compensation: A Guide for HR Professionals

The relationship between inflation and compensation is a strong link that greatly impacts every organization. HR professionals have the important responsibility of assisting teams through challenging economic times to ensure that compensation remains competitive. So, how exactly does inflation affect compensation, and how should HR respond? Understanding the Connection: Simply put, inflation refers to the… Read on…

What Determines an Employee’s Pay: the Person or the Position?

While most organizations use some form of job evaluation to determine the worth of jobs, there are many factors to consider when valuing work. There are internal factors such as being fair and consistent with how employees are compensated. Therefore, organizations typically use the following techniques to measure a job’s value: Perform a job analysis to… Read on…

The Surprising Benefits (and Dangers) of Performance Ranking Your Employees

Imagine you’re sitting in a dark room with the shades drawn. No, you’re not about to turn on Netflix or take a nap. You’re at work—and you’re not alone. You, as an HR professional, and several managers in your organization are participating in your annual tradition: Performance Ranking. You’re determining every employee’s value relative to… Read on…