Compensation

Strategies and best practices for compensating your team

Employee Retention Strategies: Getting Creative with Monetary and Non-Monetary Compensation

Employee Retention Strategies: Alpine Rewards' Rob Surdel and Octavio Cardenas share insights on creative compensation approaches. Emphasizing alignment of retention goals with company objectives and proactive planning, they advocate for a blend of monetary and non-monetary rewards to motivate employees. Effective communication and measuring strategy effectiveness through various metrics are also highlighted as key to retaining top talent.

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The Importance of Communicating With Employees About Pay

Are you effectively communicating your compensation strategy? A solid compensation philosophy is critical, but communicating compensation effectively is 13x more likely to help you retain employees. We're joined by Rameez Kaleem, CEO and Founder at 3R Strategy, to explore the best practices in pay communication.

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What Is a Compensation Cycle?

Compensation cycles are scheduled time periods where managers at a company evaluate and update compensation for their teams. These cycles are one of the most important fundamental elements of a well-oiled compensation management system. Read on to learn more about what compensation cycles are and how to run them effectively and efficiently. 

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Merit Cycles Made Easy: 5 Tips and 3 Tools for Faster, Easier Merit Cycles

Managing effective merit cycles in a competitive job market is challenging for HR teams and managers. This blog offers 5 tips and 3 tools to enhance merit cycles, ensuring fair rewards and boosting company performance. Key aspects include clear criteria, manager training, data analysis tools, and software for streamlined processes.

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Pay Transparency Prepared: Expert Advice for Preparing for Pay Transparency

“How much does it pay?”‍ It’s the number one question job candidates want answered. It’s also become a challenge for HR leaders due to the growing demand for Pay Transparency.‍ To help HR leaders with this challenge, Aeqium CEO Peter McKee sat down with a panel of experts to provide actionable tips and advice for preparing for a pay-transparent world.

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Tech Compensation Beyond the Numbers

Beyond strictly financial considerations, there are many other important factors that impact the competitiveness of your total offering to current and potential team members. These components of your company’s “package” can be just as important as moderate amounts of cash compensation on the margins. 

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