Compensation’s Role in the Attraction and Retention of Employees

Compensation’s Role in the Attraction and Retention of Employees

There are many factors why employees seek to work for or remain with an employer, with compensation being a key element. There is research that suggests that compensation’s role is not to be a driver of attraction and retention but support the other areas of the...
Types of Salary Surveys & Benefits of Salary Structures

Types of Salary Surveys & Benefits of Salary Structures

PURPOSE The overall purpose for collecting market data is to make informed decisions about the compensation program. These decisions involve pricing jobs, analyzing pay trends, identifying pay practices, and establishing a salary structure. TYPES OF SALARY SURVEYS A...
Total Rewards Philosophy in 4 Steps

Total Rewards Philosophy in 4 Steps

By Susan Malanowski and John Malanowski A total rewards philosophy forms the foundation for leadership decisions regarding employee compensation and benefit programs. A good Total Rewards Philosophy will also provide the framework for communicating the programs to...
The Employee Pay Experience

The Employee Pay Experience

By Susan Malanowski As we partner with organizations to create base and variable pay programs, benchmark external compensation, and evaluate internal pay equity, the level of pay transparency is tested. Organizations make significant investments in time and resources...