Research Reports
Guide to Compensation 2008
Since performance-based pay and variable pay has become increasingly important in many organizations, this report covers how to build these factors into your compensation strategy, how to use metrics to measure its effectsand how to adapt and change your compensation structure to manage future changes in your organization.
Based on the most exhaustive industry survey done to date of over 650 HR and compensation pros, Guide to Compensation 2008 reveals organizations top compensation-related concerns including:
- which technologies companies use in planning compensation
- what salary and financial sources are utilized
- who is involved in setting and planning compensation
- when pay budgets are set
- views on gender pay gap
- resolutions to equal pay issues
Plus, it helps you to respond to the toughest compensation problems like salary compression, retention, pay for hot skills, pay equity and pay for performance. Tried-and-tested tips, techniques and methods for improving your compensation and benefits strategies, are included, such as:
- Top 17 ways to control 2008 compensation costs
- The top sources to use to plan compensation
- How to reward top performers on a tight budget
- 2008 merit pay increases forecast to remain at 3.6%
- IOMA Survey puts 2008 executive merit pay increases at 4.7%
- Most firms plan to adjust salary ranges in 2008
- How to use performance-based long-term incentives as part of
your strategic compensation strategy - Case Study: Incentive program and balanced scorecard score big points at URAC
- How to build a compensation program based on business strategy
- Variable Pay: a powerful tool for strategic compensation management
- And much more
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