If you have worked in HR long enough, you have without doubt used the term internal equity/parity at least once. This versatile term can be put to use anytime a conversation around compensation creeps up. It can be at the time of hiring, internal transfer or at the much loved annual appraisal cycle when a … Continue reading The truth behind internal equity
Tag: pay
It’s all about the money, honey!
The biggest myth that has been circling the world of HR for a while now is to do with compensation. Research after research based on endless survey data tells us that role, quality of work and brand reputation precedes compensation when it comes to selecting a new job opportunity. Yet contrary to it all, when … Continue reading It’s all about the money, honey!