External titles can create challenges for HR teams. Discover best practices for managing unofficial, external titles that minimize legal risk| CompTool
As more states roll out pay transparency laws, compensation professionals are grappling with a deceptively simple question: How much of the salary range should we post?| CompTool
Recent tariffs are reshaping compensation strategies in manufacturing and CPG industries by driving reshoring & influencing labor pools.| CompTool
Understanding how equity compensation is viewed in different regions is critical in developing compentitive compensation packages, globally.| CompTool
If an employee is on a performance improvement plan at the time that merit increases are calculated, should they be eligible?| CompTool
Choosing the right compensation software is one of the most strategic decisions an HR or compensation team can make. With pay transparency laws evolving, talent markets shifting, and businesses needing real-time, data-driven salary insights, the pressure to get compensation right has never been greater. But how do you evaluate compensation software effectively? What features truly […]| CompTool
Misconception #1: Salary Surveys are Precise Salary surveys are accurate but not precise. Compensation data should always be viewed as directional guidance, not an exact science. (That’s why we say Comp is a blend of Art and Science). Think about it this way: If survey data were precise, best practices wouldn’t be using multiple sources […]| CompTool
Modern compensation strategies and philosophies come in all shapes and sizes but knowing how to design a short term incentive plan effectively is very important. But almost all of them include short-term incentives as a crucial way to drive employee performance.| CompTool
Red-circling occurs when an employee's salary surpasses the maximum value of the pay range assigned to their role. This situation is typically due to reasons such as long tenure, high performance, a lack of career progression opportunities, or simply an outdated or evolving pay range| CompTool
Creating a compensation strategy can ensure a consistent and business aligned approach to managing your employees pay. In this article, we walk through the key steps in developing a compensation stratgey.| CompTool