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Posts Tagged ‘Compensation’

The Impact of Having an Effective Salary Structure

May 26, 2017

What an Effective Salary Structure Can Do For Your Business It is common for organizational leaders to dwell on what percentage salary increases to give to employees, how much they should offer to a candidate that they’re looking to hire, or even what compensation should be provided to an...

How to Best Approach Reducing the Gender Wage Gap at Your Organization

April 4, 2017

What Organizations Can Do to Reduce the Gender Pay Gap During a recent interview about gender pay equity on Freakonomics with Harvard economics professor Claudia Goldin, she noted that the reasons for the existence of the gender pay gap in the United States are varied and complex. For organizations...

The Best Approach to Variable Pay

July 27, 2016

I have to be honest about something. The past couple of weeks of my life can easily be characterized as blissful, upbeat and downright thrilling! To the naked eye, one might think the levity in my step is due to summer’s dynamic and awe-inspiring energy or the fact my...

3 Compensation Best Practices & Costs Associated

September 14, 2015

Picture it for a moment: it is 2 pm on the nose on a Friday afternoon and one of your prized, high potential employees is all of a sudden taking a phone call in their car. Given what you know of their work effort and typical behavior, this is definitely not...

Department Review: Making the Most of Your HR Function

June 15, 2015

At Helios we work with many organizations to conduct effectiveness and compliance audits of their HR Department, which includes a set of interviews with executive team members and employees at all levels of the organization.  One of the first questions that we always ask of all interviewees is, “in...

The Benefits of a Total Rewards Philosophy Statement

April 4, 2014

Developing a Total Rewards Philosophy is a critical element in ensuring that you, as an organization, have a tool to help you drive human capital decisions and communicate those decisions to employees. Your transparency will go miles when it comes to building trust with your employees. When...

What are Compensation Benchmarking Best Practices?

July 11, 2013

Maybe you’ve heard of compensation benchmarking, but you really don’t understand what it is or why it’s important to an organization. This post will help you get a big picture overview of what it is, why organizations need it, and the implementation involved.

Merit Increase Projections for 2012-2013

October 2, 2012

By Senior HR Business Partner, Joanna Anderson, PHR, MPA The trend for the majority of companies across the nation is to contain merit increase budgets at 3% or less for 2012-2013. The Washington Post Capital Business reported the “compensation for workers in the Washington region rose only 2.1 in 2012 after...

Spring into Salary Survey Participation Season!

March 19, 2012

By Joanna Anderson, PHR, Senior HR Business Partner Offering market competitive compensation packages are key in attracting and retaining top talent, but how does an organization know if they are competitive? Employees and managers can (and do) search the internet to find free information on salaries; however, this free...