How Transparent is Your Compensation?

How to Set Up Compensation and Benefits

A more transparent compensation process can help your business in a lot of ways, including attracting top candidates to apply with your company, increasing employee retention, and improving morale among your team. Make sure you have a clear understanding of where your company’s pay fits into the industry standard, and how your compensation stands in terms of gender equality and other critical factors.

Learn more about making your employees’ compensation more transparent in our full article at https://bit.ly/2vNyQCI!

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This blog does not provide legal, financial, accounting, or tax advice. This blog provides practical information on the subject matter. The content on this blog is “as is” and carries no warranties. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog.

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ADP® is one of the world’s largest HR organizations. We are leaders in HR outsourcing, systems and solutions – in everything from basic payroll, benefits and record keeping to complex tools for recruiting, compensation, succession planning and data analytics. We focus on what we do best – be it systems, process or compliance – so you can concentrate on what your business does the best – because thriving businesses succeed with motivated and empowered people. We know your purpose isn’t simply better process – it’s building a business on a better workforce.