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Today is Equal Pay Day: Can HR Technology Help Close the Gender Pay Gap?

SumTotal

The reasons to support this day are too numerous for this one blog post. SumTotal’s Compensation Management includes all aspects of employee compensation, including bonuses, variable pay, and long-term incentives such as stock options. Why is it important?

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What is Compensation Management?

HRsoft

Importance Of Compensation Management Compensation management is important because it connects employees’ efforts with the greater goals of an organization. It is a critical element in talent management, as it affects recruiting, retention, and operating budgets.