A Leading IT Company Sets Up Unbiased Variable Pay System with Empxtrack

A Leading IT Company Sets Up Unbiased Variable Pay System with Empxtrack

The case study is about a leading technology company with a global hub of more than 1 million developers. The company specializes in innovation management & technical recruitment solutions and supports its worldwide clientele to fast-track their growth. THE CHALLENGE The company had challenges in evaluating employee performance and distributing Variable Pay fairly to the […]

Compensation Planning Tool Retains Top Talent & Empowers Managers

Compensation Planning Tool Retains Top Talent & Empowers Managers

Compensation planning is more than giving pay cheques or using multiple benefits to attract, hire, engage and retain top talent. Measuring employees’ performance with respect to organizational goals gives a fair basis to distribute compensation. Whether we blame lack of technology, economic issues or any other business factors, compensation management remains to be a major […]

Why to Choose a Reliable Compensation Planning System

Why to Choose a Reliable Compensation Planning System

Compensation planning is one of the best HR practices that encourages use of different pay benefits to attract, recruit and retain best talent. Employers look up to Compensation Management as a powerful way to reward high performing employees for successfully achieving their goals. unfortunately, not all organizations are good at managing and implementing compensation plans. […]

Compensation Planning is the Right Approach to Retain Top Talent

Compensation Planning is the Right Approach to Retain Top Talent

Better compensation, perks and benefits promote high employee performance. Employers must implement well-structured compensation planning to encourage top performers to excel and achieve far-sighted business goals. A study by University of Phoenix revealed that 55% working adults show interest in career changes & compensation hike, whereas 24% of working professional are ‘extremely interested’ in changing […]