SOAIS Blog Workforce Compensation

People use workforce compensation plans to allocate budgets to managers and compensation to groups of people during a compensation cycle. Every organization has different ways of compensating their group of workers on an ad hoc basis or periodically, such as annually, half-yearly, etc. These compensations are not always monetary, but can also include other forms of compensation like stock allocation, perks, etc. To compensate a larger group of employees, an organization needs to release a budget and plan the cycle well in advance. All of these can be done through a fusion workforce compensation plan.The post Workforce Compensation first appeared on Soais.