
What is Pay Compression
Pay compression happens when there isn’t much difference in pay between employees of varying experience and skills
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Pay compression happens when there isn’t much difference in pay between employees of varying experience and skills

Job grading, or “what is job grading,” is a method used by organizations to evaluate and categorize roles based on their value and complexity within the company

Most companies operate in a specific structure to organize employees' salaries and streamline their work environment

Struggling to create a clear organization’s compensation philosophy for your organization? In this article, we define what a compensation philosophy is, w

A merit increase is an increase in salary that is given to an employee based on their performance, specifically evaluating the employee's performance

Company Weighted vs Employee Weighted There are two schools of thought regarding salary data statistics

Achieving pay equality is important for any company

Merit pay structures have been shown to be beneficial for both company and employee

This article focuses on how to apply salary bands to maintain fairness and stay competitive in the market

Competitive Pay is defined as a compensation and benefits package that compares favorably to those offered by competitors in the same industry and location

How do you ensure your company’s salaries are competitive? A salary benchmark tool is essential for accurate market comparison and informed pay decisions

In this comprehensive guide, you’ll learn how these essential roles form the foundation for equitable compensation, guiding employers as they set salaries and j