Compensation Budgeting and Spending – 2024

Compensation Budgeting and Spending – 2024

Employers budget for annual salary increases in Q4 of each year based on market projections, and affordability. Multiple organizations collect the projected data and provide information by type of increase and by other company demographic data, such as industry and...
Compensation Technology Solutions 

Compensation Technology Solutions 

Compensation Technology Solutions  Compensation departments lead an annual organizational process that can include:  Job Description Writing and Updates  Market Assessment – Benchmarking  Salary Structure Updates   Pay Equity Analysis  Compensation Cycle: Annual...