Glossary

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What is compassionate leave and how does it work?

Learn all about compassionate leave: time off from work for people to deal with a personal or family emergency.

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What is a performance bonus?

Discover how performance bonuses can help keep people engaged and motivated.

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What are on-target earnings? OTE definition, examples, and calculations.

Among the various types of compensation, on-target earnings (OTE) stand out for their ability to…

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What Is Base Salary Or Base Pay?

What is base salary?

Base salary is the benchmark for raises, bonuses, and commissions, offering a clear structure that…

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What is a merit increase and how does it work?

A merit increase is a salary raise companies offer professionals for outstanding work achievements or…

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What is biweekly pay?

Learn how biweekly pay can lead to increased team member satisfaction and lower administrative expenses.

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What is imputed income?

Discover how HR teams can proactively manage imputed income to deliver impactful, tax-smart benefits that…

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What Is Retro Pay and How Do You Calculate It?

What is retro pay?

When handled efficiently, retro pay shows your commitment to fair compensation and ensures payroll issues…

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What are the objectives of compensation management?

Having the right compensation strategy can drive a more engaged and productive workforce. Leverage these…

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What is compensation management?

Compensation management is the process of managing analyzing and determining the salary, incentives, and benefits…

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What is HCM payroll?

Learn how an all-inclusive HCM and payroll solution can help payroll teams and HR teams…

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What is payroll automation?

Discover how payroll automation can help streamline global payroll calculations, tax compliance, and team payments.

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What are salary bands?

Salary bands, also known as pay ranges or pay scales, are ranges of salaries for…

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What is job pricing?

Job pricing is how you establish the right compensation or salary for a specific job…

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What is on-demand pay?

On-demand pay is a way for people to receive payment for their work as they…

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What is a salary freeze?

A salary freeze, also known as a pay freeze, is when a business makes the…

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