Tag: Global Remuneration Professional

Incentive Schemes May Mean Transparency of Data

An incentive program can be a great way to motivate employees and help the organization achieve their goals. But it doesn’t come without potential pitfalls. For example, tying an incentive to reaching specific sales or profit goals means that the company will have to be candid with employees about those figures—which may be uncomfortable if […]

How Is Compa-Ratio Used in Employee Compensation?

Do you use compa-ratios to check to see if your employee pay is meeting your organization’s compensation goals? What is a Compa-Ratio? For those of us just getting started with compensation metrics, the term “compa-ratio” may sound foreign. What is it? What does it do? “It’s basically taking a salary and dividing it by the […]