Individual and organizational performance can be boosted by incorporating diversity, equality, and inclusion (DEI) into each step of the company decision-making process, including compensation. However, many organizations feel lost and don’t know how to begin the process of incorporating DEI into their company’s overall business plan. This guide from Decusoft will help to explain DEI and how it can impact compensation.
The latest compensation news, trends, whitepapers, and insights.
ost organizations treat compensation planning as an annual scramble: budgets get set, spreadsheets proliferate, decisions get made, and then everyone hopes the data was accurate. This reactive approach fails precisely when decisions matter most. Paper 2 examines why compensation modeling demands always-on infrastructure and why “good enough” data quality costs organizations an average of $12.9 million annually in poor decisions, rework, and missed opportunities.
The best-of-breed vs. unified system debate isn’t new. But in compensation, it’s particularly consequential. This paper makes the case for why compensation complexity demands specialized platforms, not general-purpose HCM modules.
A total rewards program can distinguish your company. Learn how to build and manage a total rewards strategy for employee satisfaction and business objectives.
