Essay about Compensation Mangement

Styles in Total Reimbursement Management

Building the Foundation pertaining to Compensation Supervision

Standard Research Light Paper

Aligning Business and IT To further improve Performance Vano Research 2603 Camino Ramon, Suite two hundred San Ramon, CA 94583 [email protected] com (925) 242-2579 www.ventanaresearch.com © Copyright Hueco Research 2012 Do Not Redistribute Without Agreement

Ventana Exploration – Benchmark Research: Developments in Total Settlement Management

San Ramon, California July 2011 Ventana Research performed this research for the fee to determine trends in and thinking toward the deployment and utilization of compensation management systems. This file is based on our research, specifically on analysis of information furnished by organizations that we deemed certified to participate in this standard research. This research was created to investigate the compensation management practices and desires of individuals and organizations as well as the potential benefits from improving all their existing procedures, information and systems. This kind of research is not really intended for make use of outside of this kind of context and does not imply that companies are guaranteed success by relying on these results to increase planning. In addition, gaining one of the most benefit from enhancing compensation managing requires a great assessment of your organization's exceptional needs to determine gaps and priorities to get improvement. We all certify that Ventana Study wrote and edited this report independently, that the research contained herein is a loyal representation of our evaluation based upon our experience of and understanding of compensation managing, and that the analysis and findings are entirely our own.

© Copyright Hueco Research 2012

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Ventana Exploration – Standard Research: Styles in Total Settlement Management

Table of Material

Executive Summary...................................................................................... 5 Concerning this Benchmark Study.................................................................. 8 Strategy................................................................................................. 8 Diploma................................................................................................. 8 Demographics............................................................................................... 9 Business Size by simply Number of Staff...................................................... 10 Company Size by simply Annual Revenue.............................................................. 11 Geographic Distribution............................................................................. doze Industry.................................................................................................. 13 Job Name.................................................................................................. 14 Position by Functional Area............................................................................. 15 Key Insights............................................................................................... 16 The practice of total reimbursement management can be maturing sporadically........ 16 Businesses are making progress in prioritizing information and communication about compensation but they have more to complete.................................................... 16 The compensation element is an essential part of expertise management yet often not integrated with it........................................................................ 16 The most important benefit for compensation supervision is staff alignment to goals.................................................................................... seventeen Some organizations are recognizing the inability of spreadsheets for settlement management....................................................................... 17 Organizations don't pay enough attention to crucial aspects of settlement....... 17...

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