Pay And Benefits

What Is Pay Transparency?

Summary: Pay transparency is being open and honest about what people are paid for their positions at your organization. Full transparency is making workers’ salaries public across the company – and even to the public at large. But you can also have partial transparency, which gives a salary range or the salaries for a department. […]

Comprehensive Benefits Packages [Employer Guide]

The two primary tools to attract and keep talent are salary and benefits. The benefits package is what makes an employee likely to stay with a company as it adds additional security and gives them considerable savings. It’s important to be aware of the popular benefits, especially among whichever group you try to attract. This […]

Do You Have To Pay Interns? [Employer Guide]

Summary. Yes, you have to pay interns in almost all cases. Unless the internship experience that your business offers passes all of the primary beneficiary tests, you must compensate interns for their work hours. Aligning your business with an academic program at a local university is the best way to find unpaid interns, as it […]

How To Manage Salary Expectations For A New Hire (In 9 Easy Steps)

Summary. Manage salary expectations with a positive mindset to reduce tension. Additionally, research salaries for similar positions on the job market and consider your own budget. Be flexible and use your benefits as further incentives to help come to a solution everyone can be happy about. At some point, you are going to have to […]

Can Replacing Monetary Benefits With Health Benefits Work For Employees?

While cash bonuses used to be the norm, many employees are now preferring other forms of benefits. One of the most-wanted perks is health benefits. Check out this guest post by Nathan Sharpe which highlights why it’s not always about the money.