Earlier this year, the U.S. Department of Labor announced major changes to the Fair Labor Standards […]
Recently, we hosted a session titled "Stump the Compensation Consultant," where attendees had the opportunity to ask our panelists any question on their mind. The conversation touched on a range of topics, from career advancement strategies to the role of AI in compensation, each providing valuable insight into the complex world of compensation.
Learn five key strategies for compensation teams to build trust, communicate effectively, and become strategic partners with the C-suite, driving impactful organizational decisions.
What happens when an employee finds a list of their peers salaries by mistake? Some users go to reddit for advice. This article reviews the scenario as it unfolds on reddit.
CompTool’s 2024 study on pay transparency provides a comprehensive analysis of the evolving practices within the […]
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 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 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.
Salary Increases vs Bonuses for Employee Retention In the ever-evolving world of talent acquisition and employee […]
Lighthouse Research, an independent HR technology research company has named CompTool as one of the most innovative compensation management platforms on the market.
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