Remuneration Modelling in Times of Change

Ensuring that you've got the right people, in the right place, at the right time, with a compensation or fee structure that works for your business is an ongoing challenge for many organisations. Aligning all those factors in times of rapidly evolving circumstances is even more difficult. Especially if you also have to juggle compliance or regulatory changes. That's a recipe for high levels of stress and a greater margin for error. Especially if you're trying to model multiple different scenarios with multiple different employee types in very short timeframes. A sudden change in economic circumstances (or restrictions on working conditions), makes it abundantly clear; you need tools that make it easy for you to model and report on remuneration efficiently, without needing to resort to spreadsheets or paper shuffling. This week's HR Blog explores remuneration modelling and HR automation in times of change.

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