Blog - Page 5 of 11

21 Oct 2024

Benefits Transparency and Candidate Decision-Making in 2024

Posted on October 21, 2024 (January 31, 2025) by Laura Morgan

Cover of the 2024 MorganHR Benefit Research Study, focusing on the transparency of benefits. This report reveals what large companies promote as key offerings and how candidates evaluate benefits packages during their job search. It highlights the importance of clear communication in benefits to attract and retain top talent.

The Future of Health and Wellness Benefits in 2024 In 2024, leading companies are increasingly recognizing the importance of health and wellness benefits, with many actively promoting these offerings online in a transparent and detailed manner. Fun incentives for employee recognition and benefits transparency and candidate decision-making in 2024 have become central to attracting top […]

17 Oct 2024

by Stacy Fenner Permalink

Localized Compensation for Diverse Workforces

Posted on October 17, 2024 (February 3, 2025) by Stacy Fenner

Group of diverse individuals representing different cultures, ethnicities, and backgrounds working together in a collaborative environment.

Localizing Compensation Strategies for a Diverse Workforce In today’s global business environment, localizing compensation strategies for a diverse workforce is essential. Compensation strategies must go beyond just numbers. For HR leaders, especially those managing teams across various locations, it’s crucial to embed compensation elements that reflect local practices and traditions. What works in one location […]

15 Oct 2024

by Laura Morgan Permalink

Aligning Compensation Structures with Local Market Practices

Posted on October 15, 2024 (January 8, 2025) by Laura Morgan

Various international currencies representing global compensation practices.

In today’s fast-paced global business environment, aligning compensation structures with local market practices is critical to staying competitive. A one-size-fits-all approach to pay often fails, especially for mid-to large-sized companies operating across diverse regions. Tailoring compensation to local standards ensures compliance, enhances talent retention, and boosts business success. This article explores the importance of aligning […]

10 Oct 2024

by Michelle Henderson Permalink

Communicating Compensation Decisions to Motivate Customer Service Teams

Posted on October 10, 2024 (January 28, 2025) by Michelle Henderson

A functional manager discussing compensation policies and decisions with their customer service team

Why Compensation Communication Matters for Customer Service Teams Customer service teams are the frontline of your brand. These employees directly interact with customers, shaping how your company is perceived. For this reason, effectively communicating compensation decisions is vital. Without clear pay structures and performance-based incentives, employees can feel undervalued, leading to disengagement and poor customer […]

08 Oct 2024

by Alex Morgan Permalink

Affordable Strategies for Performance-Based Compensation

Posted on October 8, 2024 (February 3, 2025) by Alex Morgan

Affordable Strategies for Performance-Based Compensation In today’s competitive business landscape, affordable strategies for performance-based compensation and effective systems are essential for driving success. Customer service is often the backbone of this success, directly impacting customer loyalty and retention. To ensure your customer service team performs at its best, tying compensation directly to performance metrics is […]

04 Oct 2024

by Austin Schleeter Permalink

Manager Training for Difficult Compensation Conversations in 2025

Posted on October 4, 2024 (February 9, 2025) by Austin Schleeter

squeezing a dollar bill or a budget document, symbolizing the challenges of tight financial constraints during budget planning

Manager Training for Difficult Compensation Conversations As 2024 winds down, HR leaders are laser-focused on setting their 2025 compensation plans. Budgets, pay structures, and employee satisfaction are all on the table. But no matter how perfect the strategy, success often comes down to how well managers communicate compensation decisions. That’s where manager training for difficult […]

02 Oct 2024

by Stacy Fenner Permalink

Training Managers for Challenging Compensation Discussions

Posted on October 2, 2024 (February 4, 2025) by Stacy Fenner

Training managers for compensation discussions

Training Managers for Challenging Compensation Discussions Early in my career, I dreaded the annual pay conversation. Even as an HR leader, I disliked conflict—whether the raise wasn’t enough, someone wanted to negotiate, or I had to deliver tough feedback. Over time, however, I realized that training managers for challenging compensation discussions is critical for making […]

18 Sep 2024

by Michelle Henderson Permalink

Performance Review Ratings and Company Culture

Posted on September 18, 2024 (February 8, 2025) by Michelle Henderson

Performance Review Ratings and Company Culture In many organizations, performance reviews are an inevitable part of work life. But have you ever stopped to consider what the actual performance review ratings and company culture reveal about the overall environment of your workplace? The language used in performance ratings can provide a window into the broader […]

07 Sep 2024

by Laura Morgan Permalink

Managing Compensation Tensions for Strategic Alignment

Posted on September 7, 2024 (January 31, 2025) by Laura Morgan

Illustrations and visuals explaining compensation alignment and strategy improvement.

Introduction As businesses grow and new leaders join, tensions often arise between a company’s compensation philosophy and its evolving business strategy. Recognizing and addressing these tensions is crucial for maintaining alignment and achieving organizational goals. Understanding these dynamics helps ensure that your compensation practices support your overall business objectives and foster a positive organizational culture. […]

14 Aug 2024

by Laura Morgan Permalink

Leveraging Market Data to Keep Your Team Competitive

Posted on August 14, 2024 (February 12, 2025) by Laura Morgan

conference table discussion 2025 compensation strategy

In today’s dynamic job market, managers need practical strategies to reward top performers, retain skilled employees, and stay within budget. Leveraging Market Data offers an effective solution that aligns internal pay practices with real-world compensation trends. When organizations commit to using compensation data, they make informed decisions that reflect current industry rates. This approach increases […]