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2020 Workforce Trends- What You Need to Know!

Affinity HR Group

A 2019 Payscale survey reported that 73% of respondents used some type of bonus or variable pay program. Research innovative technology, benefit programs, and incentive ideas to support engagement. Meanwhile, according to an ADP Workforce Vitality Report, employees who switched jobs saw a bump in pay of 5.3% Compensation.

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Top 15 Compensation Management Tools in 2021

Vantage Circle

Payscale Marketpay. Payscale Marketpay. In addition, it provides annual/ad hoc salary reviews, sales incentive plans (customized to meet client needs), long-term incentive plans, and rewards schemes. Table of Contents. Payfactors. Salary.com. SimplyMerit. Ceridian Dayforce. Oracle PeopleSoft. Saba TalentSpace. Payfactors.

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Companies Use Pay Alternatives to Keep Employees Around

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger It always seems as if one company tries to be progressive in terms of it’s compensation strategy, it shakes things up for the rest of the business world. This comes on the heels of somewhat stagnant growth and the company’s efforts to retain key employees with generous bonuses.

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Cash is Still King When it Comes to Compensating and Engaging Workers

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger When I wrote Golden Carrots Don’t Produce Employee Engagement last year, little did I know just how much this would ring true for 2016. Compensation is more than just developing incentive plans and giving people small annual raises. It’s so much more.