Compensation Management is Essential
Our expertise comes from our research that is not found anywhere else in the industry. It can help you make Total Compensation Management impactful to your organization. Consider these insights as you look to assess and improve your Total Compensation Management efforts.
Definition
A holistic approach to planning, administering and communicating compensation has never been more important. Total Compensation Management focuses processes, information and technologies on an integrated approach to compensating, incenting and rewarding employees.
Research Fact
A lack of alignment between goals and employees leads to inconsistent execution and is the biggest impediment to further investment in compensation management systems.
Best Practice
Develop plans and strategies with a total compensation management approach in mind to improve performance.