Forms of Compensation

Articles

Location-Based Salaries vs. Value-Based Salaries

In the realm of employment and compensation, the debate between location-based salaries and value-based salaries is gaining momentum. While location-based ...

Types of Compensation: Everything HR Needs to Know

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to ...

The Importance of Sick Pay for HR Management

Don’t you think it’s about that time companies begin to trust their employees and start implementing a sick pay for ...

Things to Know about Year-End Bonuses

Among the many benefits provided to employees are year-end bonuses. Paying benefits and bonuses to employees is a way for ...

How Do Employees Benefit from Shift Differential?

Scheduling employees to work during unpopular shifts that everyone doesn’t want isn’t an easy task. To unlock the standoff, most ...

How Does Mileage Reimbursement Work?

A client has made a last-minute call demanding for a meeting with the boss immediately. If this meeting does not ...

The Strategic Value of HR in Sales Compensation Design

A sales compensation design or plan is a combination of a sale representative’s base salary, commission and incentive, all which ...