Commissions Employee Compensation Overtime 
Achievers
JUNE 25, 2019
Some folks are hourly, some are salaried, and depending on what role they play, others receive bonuses or commissions based on their performance. Here are the three most popular types of compensation packages and a few notes on who might be most attracted to them. Straight salary compensation. Straight hourly compensation.
Vantage Circle
AUGUST 4, 2021
Just like how employee compensation is a topic that concerns all employees, it’s a vital aspect of the HR function as well. When it comes to compensating employees, what you offer and how you structure your pay plans are key factors in attracting and retaining talent. Employee compensation isn't about the money.
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HR Lineup
FEBRUARY 1, 2024
In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.
Qandle
SEPTEMBER 15, 2024
HRMS is a comprehensive system that manages various HR functions such as recruitment, employee onboarding , employee data management, performance management, and leave management. Payroll, on the other hand, is the system that handles employee compensation, including salaries, bonuses, deductions , and tax calculations.
Bayzat
OCTOBER 31, 2024
Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Falling out of touch with what makes a strong employee compensation package may mean your company is losing its competitive edge.
HR Lineup
MARCH 29, 2024
These include: Base Salary: The primary component of an employee’s compensation, typically determined by factors such as job role, experience, and market rates. Bonuses and Commissions: Additional incentives provided to employees based on performance, sales targets, or other predefined criteria.
Vantage Circle
SEPTEMBER 8, 2021
Purpose of Compensation Planning. Compensation planning is essential for all HR systems. It helps provide direct compensation for overtime, productivity, and other related activities not directly related to job duties. Learn more about types of compensation strategies here: Employee Compensation: How To Pay Employees?
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