Blog - Page 3 of 11

24 Jan 2025

How to Create Bonus Letters for Employees That Inspire

Posted on January 24, 2025 (January 30, 2025) by Austin Schleeter

Excited man celebrating with cash falling around him, symbolizing financial rewards and employee bonuses.

Why Bonus Letters Matter Bonus letters are more than just numbers on a page. They’re an opportunity to celebrate employees’ contributions, reinforce company values, and align individuals with organizational goals. When done right, bonus letters can motivate and engage employees, helping them feel appreciated for their efforts. However, creating and distributing bonus letters can be […]

14 Jan 2025

by Alex Morgan Permalink

Why Evaluating Jobs and Compensation Requires Expertise

Posted on January 14, 2025 (January 28, 2025) by Alex Morgan

A worker operating a forklift in a warehouse, illustrating the need for training and expertise in seemingly simple tasks like job evaluations and compensation management.

It Looks Easy—But Is It? Evaluating jobs and compensation might seem simple at first glance. Many assume it’s just a matter of matching job titles to salaries, much like someone might assume they can operate a forklift without training. However, both tasks require expertise, precision, and the right tools—otherwise, they can cause major disruptions. At […]

11 Jan 2025

by Stacy Fenner Permalink

Navigating Compensation Conversations: Build Trust Through Pay Transparency

Posted on January 11, 2025 (January 31, 2025) by Stacy Fenner

Baseball player holding two baseballs on a field, representing preparation and focus for handling difficult tasks.

How Often Do Leaders Face Tough Pay Conversations? Navigating compensation conversations is a challenge that many managers face. Whether it’s during a check-in or an unexpected discussion, these questions often arise: “Why is the new hire making more than me?” “What’s the salary range for the role above mine?” “How can I earn more in […]

09 Jan 2025

by Michelle Henderson Permalink

Compensation Trends for 2025: What Organizations Need to Know

Posted on January 9, 2025 (January 16, 2025) by Michelle Henderson

Digital arrow pointing upward to 2025, symbolizing growth and trends in compensation strategies.

Compensation trends for 2025 are evolving rapidly, driven by economic changes, shifting workplace expectations, and technological advancements. These trends are reshaping how companies attract, reward, and retain talent. Staying ahead of these changes is essential for organizations to succeed in a competitive job market. […]

08 Jan 2025

by Michelle Henderson Permalink

Geographic Pay Differentials: A Guide for HR Professionals

Posted on January 8, 2025 (January 28, 2025) by Michelle Henderson

World map composed of U.S. dollar bill patterns on a black background.

In today’s global workforce, organizations face increasing pressure to develop fair and competitive compensation strategies. Geographic pay differentials are critical to compensation planning, helping organizations ensure pay equity, align with market demands, and maintain transparency. With several geographic pay adjustment options available, how do HR professionals determine the best approach for their organization? This guide […]

07 Jan 2025

by Stacy Fenner Permalink

Impactful Workplace Feedback: Elevating Conversations for Growth

Posted on January 7, 2025 (January 16, 2025) by Stacy Fenner

Impactful workplace feedback ties intent to impact, creating opportunities for growth and trust. In this series, Red Thread Connections, I reflect on moments from my work with leaders, HR professionals, and employees that demonstrate the power of meaningful feedback. These insights reveal the “red thread” that links workplace conversations, helping us build stronger connections and […]

02 Jan 2025

by Laura Morgan Permalink

Goal-Setting for 2025: Empowering HR to Drive Success

Posted on January 2, 2025 (January 3, 2025) by Laura Morgan

A team of professionals in a modern office collaborating on strategic goal-setting, with a focus on data displayed on a large screen.

Driving Performance and Development Through Strategic Goal-Setting in 2025 As businesses gear up for 2025, HR leaders face the challenge of aligning individual and organizational goals. This alignment is key to driving performance and fostering accountability, engagement, and growth. Here’s how to align objectives, use data effectively, and adapt strategies to achieve success in the […]

01 Jan 2025

by Laura Morgan Permalink

Why HRIS Leaders Need Compensation Management Software to Eliminate Errors and Streamline Processes

Posted on January 1, 2025 (January 30, 2025) by Laura Morgan

Hands typing on a laptop with overlay icons representing financial data, pay structures, and compensation strategies.

Modern Compensation Management Software like SimplyMerit eliminates manual errors and inefficiencies, providing HRIS leaders with the tools to automate, collaborate, and track compensation activities seamlessly. Benefits of Using Software: Automated Calculations and Validation: With built-in logic and validation checks, software reduces human errors by automating salary adjustments and bonus calculations. Centralized, Real-Time Updates: Compensation software […]

23 Dec 2024

by Laura Morgan Permalink

Pay Equity Strategies for 2025: Key Laws and Best Practices

Posted on December 23, 2024 (December 23, 2024) by Laura Morgan

Pay equity strategies are essential for organizations navigating the complexities of compensation planning in 2025. With evolving state laws and growing employee demand for fair practices, HR and Finance teams must align their efforts to create transparent and equitable pay structures. In this blog, we explore effective pay equity strategies, new legislation, and actionable steps […]

02 Dec 2024

by Stacy Fenner Permalink

Intentional Bonus Conversations: Building Trust & Growth

Posted on December 2, 2024 (January 16, 2025) by Stacy Fenner

All workplace conversations carry a red thread that ties their intent to their impact. In this series, Red Thread Connections, we explore themes like intentional bonus conversations. These moments reveal how dialogues inspire meaningful change and the stories people carry home. This week, we’re focusing on intentional bonus conversations. They are more than transactional discussions. […]