Maybe you’ve heard of compensation benchmarking, also known as salary benchmarking, but you really don’t understand what it is or why it’s important to an employer. I promise you are not alone! As a compensation consultant, I often have conversations with executives and HR professionals before starting an employee compensation benchmarking project. Typically, they feel like they need help with reviewing their salaries, but aren’t entirely clear on how to go about the process.
What’s the difference between a good team and a great team? In the world of government contracts, a good team will deliver what’s expected and fulfill your client’s expectations. But a great team will surpass those expectations, which makes it easier to identify opportunities for organic growth.
Employee Relations | Employee Engagement | Employee Recognition Program
Performance reviews are an essential part of performance management. Reviews help you identify strengths and weaknesses, work on professional development plans, and reward your best team members with bonuses.
Flexible Spending Accounts (FSAs) are a popular, tax-efficient way to help people deal with everyday health costs. Employees participating in eligible health plans can make an affordable, pre-tax contribution to spending accounts each month, and then use those savings when they need to cover a medical expense.
Talent Acquisition | Recruitment outsourcing
Your job post is a valuable tool in the hiring process, serving as the initial introduction to both the role and your company. By keeping a few key strategies in mind, you can maximize the impact of your job post and attract top talent. Here are five effective strategies to help you find great candidates.
I’ll never forget the first time I got a Total Rewards statement. I remember looking at it and thinking, “The benefits I get from these people are worth HOW MUCH?!” At the time, I was just beginning my HR career, still working to understand the difference between an FSA and an HSA, so seeing all of these benefits at once blew my mind. Looking back on that moment with years of HR experience, I know that this was not a good thing. Let me tell you why.
