Amazon PTO and How it Compares to Big Tech
Amazon’s PTO policy is above average. As a full-time, salaried employee, you’ll get 16 days in your first year and 21 days in your second year. This is a combination of vacation and personal days. …
Tie Performance and Compensation Management to Keep Talent
It’s not hard to recognize the value of rewarding your best employees. People stay when they’re treated right. Simple enough. The tough part is building systems that make sure performance is tracked and rewarded consistently. …
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Fixed Comp vs. Variable Comp and When to Use Both
If you see the words fixed comp and variable comp get thrown around all the time but feel lost when it comes to understanding what they mean, we’ve got you. They’re actually pretty simple. Fixed …
11 Compensation Issues We Dealt With Before Year Three
Compensation issues that don’t get addressed early on—or better yet, prevented altogether—can snowball into massive problems later. This list includes common compensation issues small businesses face as they grow, which is why we addressed them …
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The Only 3 Options for Your Compensation Philosophy
Every company has a unique compensation philosophy that drives the way they pay their team. Some companies intentionally focus on a specific compensation philosophy. Others follow one without really knowing it. We live in a …
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Compensation and Benefits That Really Matter to Employees
Attracting and retaining employees relies on excellent compensation management. When you offer the pay and benefits that employees really want, they’re more likely to apply for positions and are bound to feel more satisfied with …
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6 Steps to Get Started with Compensation Management
I’d seriously consider implementing compensation management once you have 10 full-time employees on your team. Yes, it sounds early when your company is barely larger than a small team, but the longer you put off …
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7 Compensation Best Practices I Wish I Knew From Day One
My background in startups introduced me to compensation management. Because the nature of a startup usually requires one person wearing multiple hats, I quickly became immersed in compensation management long before I understood what it …
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7 Compensation Strategy Examples And When to Copy Them
Compensation strategy is the overarching policies that detail how an organization offers its pay and benefits. A compensation strategy can help pull the right people into your company by offering them something they want, like …
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The 4 Things People Need to Know About Annual Compensation
Most people don’t know their exact annual compensation. They know their annual salary or wages, but that’s not the whole picture when it comes to compensation. Also called total compensation, annual compensation refers to the …
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