All employees expect fair compensation, but it’s not a guarantee at all organizations. Salary compression can cause long-term employees to earn the same or less than new employees filling the same position, and it happens […]
How to Fix the Silent Tax of Salary Compression Read More
In addition to compensation planning for employees, organizations must also focus on executive compensation planning for business leaders. With the right executive compensation plan in place, organizations can attract and retain top talent with the
The Ultimate Executive Compensation Guide Read More
Compensation planning isn’t everyone’s idea of a good time. But, if you do it well, you won’t have to go to court. Employee pay is one of the most important things companies must pay attention
Compensation Planning Checklist – More Fun Than Being Sued Read More
Some companies give employees the option to cash out PTO when it accumulates to a certain number of hours. So if an employee maxes out their PTO at 400 hours and they get paid $40/hour,
Should You Offer PTO Cash Outs? We Don’t Read More
If you’re good with spreadsheets and love saving money whenever you can, the idea of tracking PTO in Excel is probably appealing. Especially if you’re a small or new company with few employees. You get
Why You Should NOT Track PTO in Excel Read More
Hoping to get your salaries under control? Want to make sure you’re offering fair wages without spending too much? Benchmarking tools will tell you how much you need to pay… sort of. We recently did
The 4 Best Compensation Benchmarking Tools (I Got Hands On) Read More
Compensation analysis saves vast amounts of money for companies over the long term. I get why businesses put this off, especially in the early days. I’ve been at startups where titles were loose, raises were
5 Places Compensation Analysis Cuts Costs and Grows Revenue Read More
We’re told compensation benchmarking will solve one of the biggest problems in every business: paying people fairly while keeping the overall costs under control. And we’ve all heard the rules at this point: It’s a
The Ugly Truth of Compensation Benchmarking: Off by 10% Read More
With a PTO accrual system, employees accumulate PTO hours over time as they put in work for your company. Unlike a lump-sum PTO model, employees earn days or hours of PTO at a rate specified
How Much PTO Accrual to Offer and the One Mistake To Avoid Read More
A PTO accrual policy is better than a lump sum policy, hands down. Okay, okay, if you really want to do a lump sum policy, you can make it work. But there are so many
PTO Accrual vs Lump Sum: What Should You Offer? Read More
