We live in the information era. Billions of data are available and it is crucial to know which are reliable. Either if you are a recruiter or you are looking…
Category: Compensation
What is the ESOP and in which markets is it applied?
What is the ESOP? Why is it relevant? Some companies, mainly in the US, offer Employee Stock Ownership Plan (ESOP) to their workers. It consists of granting stock options as…
Amazon salaries benchmarking
Amazon is the second biggest public employer worldwide. In 2021, they were employing 1.3 million workers, more than 70% of those uniquely in the US. They have a compensation plan…
How decide how much pay your workers?
In a Glassdoor study, 67% of job seekers cited salaries to be the top factor influencing their decision to take up a job or not. It is a known fact…
Pay transparency: will you share how much you earn?
Pay transparency has become an important topic as various forces compel companies to analyze whether they have a pay gap. There’s been a rise in awareness among companies to be…
Gender pay gap: female CEOs are paid 13% less than their male counterparts
According to TalentUp’s data, 33% of all C-suite roles globally are held by a woman. This indicates that globally, only a third of all C-suite positions are held by women.…
How to implement salary benchmarking in your organization: Basics
In today’s ever changing talent landscape, compensation benchmarking is critical to staying competitive in the market. A key element to navigating “the war for talent” is to equip oneself with…
The total rewards strategy
What is the meaning of the word “reward” in your company? For some individuals, the reward is the reason for work, while for others the work itself is the reward.…
How to establish fair compensation in a team with different levels of performance?
I was listening to a lecture by Professor Armin Trost and discovered an intriguing dilemma within compensation strategy. If you’re curious as to why compensation is so important, check out…
Offering same salary regardless of the location
Spotify, one of the top European companies, recently announced its strategy to offer salaries based on the San Francisco rate, regardless of where professionals live. It’s an ambitious strategy as…