Compensation & Benefits: HR News, Trends & Workplace Insights

Explore the latest Compensation & Benefits news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Aug 2019
Loading
The future of Compensation and Benefits
Compensation & Benefits

The future of Compensation and Benefits

C&B is one of the most dynamic fields in HR, constantly evolving into something new. From a fairly simple start up-to the early ops- when it was viewed primarily as a tax-avoidance and maintenance function – it has now become a visible tool for talent management and performance management while of course continuing to play […]

Read Story
Loading
Total Rewards- The Challenges and A Winning Strategy
Compensation & Benefits

Total Rewards- The Challenges and A Winning Strategy

Total rewards in today’s context and in its modern avatar is a bouquet comprising of Compensation, Employee Benefits, Environment, Career Development, Performance & Recognition. There are multiple pieces of research that indicate a strong and visible impact of an effective ‘Total Rewards Strategy” on enhancing performance and employee engagement, thus leading to better business performance and […]

Read Story
Loading
New Rewards: Personalized and Agile
Compensation & Benefits

New Rewards: Personalized and Agile

Over the last three decades, business cycles have changed dramatically. Change is happening at a significantly faster rate than in the past. Markets have become unpredictable to the extent that traditional paradigms are unable to keep pace. “Organization agility and innovation is the way of survival in changing economic scenario. Only the organization can adapt […]

Read Story
Loading
The Finer Elements of “Pay for Performance”
Compensation & Benefits

The Finer Elements of “Pay for Performance”

One goal of many pay for performance plans is to improve employees’ performance. Any close study of any pay policy assesses the effects on the performance of base-pay levels, merit increases, and one-time bonuses. It’s important to learn that both “how much” is paid (the amount of the reward) and “how” the money is paid […]

Read Story
Loading
HUMAN RESOURCES (HR) BUDGET
Compensation & Benefits

HUMAN RESOURCES (HR) BUDGET

In this digital age, organizations are paying more attention than ever to the competitiveness in attracting and maintaining talent. Executives have learned that human capital is not just an expensive cost center—it is the area of the organization with the potential to offer huge returns of productivity, innovation, and customer engagement. How should you begin […]

Read Story
Loading
Aligning Executive Pay With Corporate Strategy
Compensation & Benefits

Aligning Executive Pay With Corporate Strategy

The Context The global socio-economic and political climate has been undergoing tremendous changes. Organisations are trying their best to adjust strategies while leveraging opportunities and mitigating risks. Those who are at the helm, and are driving business strategies to success or failure are the CEOs, executive directors and key management personnel. Their selection, remuneration and job conditions […]

Read Story
Loading
Digital HR: Benefits And The Road To Talent Retention
Compensation & Benefits

Digital HR: Benefits And The Road To Talent Retention

It is said,“Stellar talent has led to stellar success”. An organization success is defined by its culture and the unique way it attracts, and manages stellar employees. What we are seeing over the last couple of years is that digitization of employee benefits is making it easy for organizations to identify them and devise ways […]

Read Story
Loading
How to Improve C&B with AI & Machine Learning
Compensation & Benefits

How to Improve C&B with AI & Machine Learning

Compensation & Benefits (C&B) is the key element of HRM value chain and more of a strategic necessity. It has touch points across the employee lifecycle which directly impacts the talent strategy. It further translates into wage costs which directly impacts organization’s corporate margins and bottom line. However, looking at existing scenario does not paint […]

Read Story
Loading
How to build culture of rewards & recognition
Compensation & Benefits

How to build culture of rewards & recognition

We all have the need of the recognition whether it’s coming from personal or professional space. A child expects some pat on back now and then to seek the acknowledgement of right acts from the elders and the same acknowledgement lays the foundation of the kid’s behavior over the period of time. There are two […]

Read Story
Loading
Variable Pay V/s Incentive Scheme
Compensation & Benefits

Variable Pay V/s Incentive Scheme

Earlier Incentives were predominant and effective motivational tools for sales, marketing or related profiles where the performance can be measured in numbers (invoicing/ order booking/ Profit/ discounts etc.), but to motivate the other profile where performance measurement was not as easy in comparison to the sales and marketing profile, different parameters needed to be searched […]

Read Story
Loading
Rewards Analytics: Demystifying the HR challenges
Compensation & Benefits

Rewards Analytics: Demystifying the HR challenges

“All people decisions at Google are based on data and analytics.” – Google People Analytics Analytics is the buzz word today and also in my view one of the most trending but least understood topics. Though Analytics sounds to be complex, it has a very simple definition: “Converting available data into actionable intelligence for deriving meaningful insights”. […]

Read Story