Tag: Employee Compensation
Employee Compensation: Balance expectations with goals
April 23, 2012Ana McGary
A. Employee compensation can be a sensitive subject. Many human resource-related concerns need to be addressed, but equally important is understanding the financial aspects of employee compensation. Employee compensation is much more than just the direct amount that you pay an employee. There are other costs that need to be incorporated in the overall payroll budget. Here are five areas to consider:•Make sure all incentives and bonus plans are clearly documented to minimize any confusion.•Understand...
