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HR Tools » Implementation Tools » Offering the Right Compensation


Offering the Right Compensation

Without a doubt, paying employees a fair market wage is very important for attracting and retaining workers. However, there is much more to compensation than just salary. Total compensation includes an employee's pay, health and other benefits with monetary value, and non-cash benefits like training and development opportunities. Make sure you are promoting the "total compensation package" you offer employees.

First: Assess

Calculate total compensation with this checklist.

Action Steps