Compensation

Discover the true costs of compensation reviews and the extensive time investments involved, from HR teams to managerial staff. Learn about the risks and expenses associated with manual processes and explore solutions to streamline compensation planning and reduce costs effectively.

Compensation leaders and the managers responsible for reviewing employees know just how time-consuming and frustrating a compensation cycle can be. Once you've completed the hard work of the last cycle, it’s time to take some of the crucial steps that allow you to continuously improve how you run better, more efficient compensation planning in the future.

80% of compensation leaders find coaching managers a major challenge in review cycles. The blog discusses manager struggles with data access and process efficiency, offering solutions like improved data access, guided workflows, and training for effective compensation reviews.

Our latest blog delves into the complexities of pay transparency in HR, featuring insights from Justin Sun, Senior Manager, Global Rewards at Expedia Group. He illuminates current trends, employee expectations, and strategic implementation of pay transparency. This crucial topic addresses its impact on morale and its role as a strategic tool for attracting and retaining talent, exploring its nuances and significance in today's workplace.

Employee Retention Strategies: Alpine Rewards' Rob Surdel and Octavio Cardenas share insights on creative compensation approaches. Emphasizing alignment of retention goals with company objectives and proactive planning, they advocate for a blend of monetary and non-monetary rewards to motivate employees. Effective communication and measuring strategy effectiveness through various metrics are also highlighted as key to retaining top talent.

Are you effectively communicating your compensation strategy? A solid compensation philosophy is critical, but communicating compensation effectively is 13x more likely to help you retain employees. We're joined by Rameez Kaleem, CEO and Founder at 3R Strategy, to explore the best practices in pay communication.