CompTool’s 2024 study on pay transparency provides a comprehensive analysis of the evolving practices within the […]
Compensation Teams Orchestrate Pay for Performance Practices
Pay for performance is more effective when the Compensation team is able to utilize the numerous levers it has to pull. This article discusses 4 major elements of pay for performance: merit, short-term incentives, spot bonuses and long-term incentives.
Golden Parachute
Golden parachute clauses are usually related to the departure of senior executives as a consequence of a merger or acquisition. Severance compensation might be a flat amount, a bonus, stock options, or the realization of previously awarded remuneration. The employment contract of most companies has explicit wording that specifies when the golden parachute provision will be activated.
Golden Handcuffs
Golden handcuffs can be a great way to drive employee retention, but sometimes a little turnover can be a good thing. Don't let your Golden Handcuffs become tarnished.
Confused Compensation Analyst
Salary Increases vs Bonuses for Employee Retention In the ever-evolving world of talent acquisition and employee […]
Lighthouse Research names CompTool one of the most innovative compensation softwares
Lighthouse Research, an independent HR technology research company has named CompTool as one of the most innovative compensation management platforms on the market.
Man looking at a computer screen
Introduction In today’s competitive job market, attracting and retaining top talent is more challenging than ever. […]
Walmart has lowered starting rates for many roles, grabbing headlines, nationwide. What makes for sexy headlines, the savy Compensation Analyst will see this as business as usual.
The DOL has proposed overtime rule that increases the current overtime threshold nearly 60% for white collared workers. This initiative, which seeks to amend the Fair Labor Standards Act (FLSA), will carry significant implications and costs for employers.
In the ever-evolving landscape of pay-for-performance, merit pay serves as the foundation for the recognition of […]