Compensation and Benefits
Leading practice guidance discussing the building blocks that are the foundation for establishing compensation systems, including base pay and adjustments to base pay according to cost-of-living increases; seniority; job performance; and the acquisition of new competencies, skills or knowledge sets.
Leading practice guidance discussing the three goals of a successful employee compensation system: internal consistency, market competitiveness and recognition of employee contributions.
Leading practice guidance discussing two of the most common pay structures in employee compensation: merit-based pay and person-focused pay.
Leading practice guidance discussing the main compliance challenges that organizations face in employee compensation and the metrics that organizations can use to make sure their compensation system is meeting their goals.
Enhanced with information on developing a total rewards strategy.
Leading practice guidance on compensation and benefits practices that align with business culture, values and strategy.
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Copyright © 2023 LexisNexis Risk Solutions
© 2023 LexisNexis Risk Solutions.