Wage rates and competitive salary benchmarks are always evolving. For example, in 2023, we saw increases in the 5 to 6% range while salary increases for 2024 are projected to average 4%. While that sounds like a losing proposition for workers, it’s actually not; because 2024 inflation is projected...
Resources
At Total Reward Solutions, we take seriously our reputation as
“Your Trusted Partner for Employee Compensation Solutions.”
One way we continue to earn that distinction is by sharing thought leadership on the employee compensation and total rewards topics you care about. From blog posts to case studies to podcasts to Cassandra Faurote’s SHRM-approved recertification resource book, Compensation $ense 101, we’ve got the insights and answers you can count on.
SHRM-Approved Book
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Book
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Case Studies
Podcasts/Videos
Overtime Rules (Click to Watch):
When Will New Overtime Rules Be Released? (1:16)
Recent Selections From Our Blog:
Wage Growth: Dangers, Opportunities, and Strategies Employers MUST Consider
Communicating Compensation with Employees is Becoming the Norm
It has never been more important to communicate compensation with employees than it is today. In order to attract, retain, and motivate employees, it is important to have conversations about compensation as well as to conduct compensation training and education with employees. Several states have...
The ROI of Employee Compensation
It’s perhaps easy to understand that employee compensation has a Return on Investment (or ROI). After all, you pay your employees, they work for that pay, and their work delivers value when your company’s goods and services are sold for profit. Cause and Effect. ROI. Simple, right? But what are...