The managers believe the compensation strategy should be fully open to employees and managers. It sounds great till the moment, the Compensation and Benefits Manager opens the policy to the public audience in the organization. The rumors and endless discussions start and the employees ask for the salary review.
Tag Archives: Compensation Policy
Is your variable compensation really variable?
June 16, 2008 – 9:28 pm
The companies believe in the variable part of the pay of employees. The variable compensation belongs among the most important components of the remuneration policy.
Transparent remuneration policy needs mature management team
June 14, 2008 – 10:54 pm
Each company needs to solve the dilemma about the remuneration policy. It is usually one of the key elements in the area of Human Resources and the issue with the remuneration policy is about announcing the principles and the real content to the employees or to leave the policy un-transparent and provide the managers and [...]
