Compport Blogs

Getting started with Pay Equity

Pay Equity is the practice of providing equal pay for work of equal value. It's a way to ensure fairness in compensation for all employees, regardless of gender, age, or race. Learn more about Pay Equity and how to create a fair and equitable...

Total Rewards Statistics- 10 Surprising Rewards Stats To Take Into Account For 2023

Get the latest Total Rewards insights, stats, and trends to help you make informed decisions. Learn how to use Total Rewards analytics to measure impact and drive business results...

Total rewards Examples- Total Rewards Templates

Create an effective total rewards strategy for your employees with our customizable total rewards template...

What Exactly is Compensatory Time Off Along With Benefits

Compensatory Time Off plays a major role in retaining your employees. But you need a proper plan for it...

Compensation: The Basics of HR Compensation

It's worth noting that different organizations may offer different types of compensation, and the specific compensation package offered to employees may depend on factors such as job level, experience, and location...

Total Reward Strategy- Rewards Strategy Planning In 2023

Total Reward is a system that rewards employees based on their performance, which in turn helps your company by ensuring that you have people who are excited to come to work and are motivated to do their best...

HR Compensation And Benefits- HR Compensation And Benefits: A-Z Guide

HR compensation and benefits are the areas of human resources that deal with the financial aspects of an employee's employment, including wages, benefits, and other forms of compensation...

Sales incentive Plan: How to develop a Sales Incentive Plan in 2023

To align with the company's sales and performance, having a proper Sales incentive plan is necessary for the coming year, 2023. Check out these steps to create a plan...

Deep Diving into 'Performance' | A Guide That Matters [2023]

A Beginners Guide to Employee Management System

An Employee Management System (EMS) is a software application used to manage the administrative tasks associated with managing a company's employees. This can include tasks such as tracking employee information, managing payroll and benefits, scheduling and managing time off, and performance evaluations...

A Deep Dive Into Long Term incentive Compensation Structures | Guide 2023

Get the most out of your long-term incentive programs. Discover the benefits of using long-term incentives to motivate and reward employees for their performance. Learn how to create an effective plan that will help you achieve your business goals...

Unlock Pay Equity with the Right Solutions for Your Business

Pay equity is the practice of ensuring that employees are paid fairly and equitably for their work. At Compport, we strive to create a workplace where everyone is respected and compensated for their efforts. Learn more about our commitment to pay equity today...

Pay Transparency and How is it Impacting the Global Industrial Sector?

A Complete Guide To Best Compensation Software [2023]

Compensation software can be used by HR departments and managers to streamline and automate the process of calculating and distributing employee pay, as well as to track and analyse compensation data for budgeting and decision-making purposes...

Simplifying Total Rewards Strategy For 2023

The specific components of a total rewards strategy will vary depending on the organization and the needs and preferences of its employees. The goal is to create a package of rewards that is competitive, fair, and perceived as valuable by employees...

Mistakes to Avoid in Employee Benefits Administration

Companies often make Employee Benefits Mistakes. But it cab avoided if taken proper measures are taken. Read on to know more about it...

Five Hacks For Performance Improvement

Performance improvement refers to the process of identifying and addressing any issues or deficiencies in the way that an organization or its employees are functioning, with the goal of increasing efficiency, productivity, and overall effectiveness...

How To Perform A 360-Degree Performance Review

A 360-degree performance review, also known as a 360-degree feedback assessment, is a type of performance evaluation that involves gathering feedback from multiple sources in order to assess an individual's strengths and areas for improvement...

Benefits of Competency-Based Pay

Competency-based pay is a type of compensation system in which employees are paid based on the specific skills and competencies they bring to their job, rather than on their job title or seniority...

10 Ways To Propagate Pay Equity

Pay Equity is about being paid equally regardless of gender- just based on performance and skills...

14 Ways To Improve Performance Management

Looking for ways to improve performance management? Performance improvement refers to the process of increasing the efficiency and effectiveness of a system, process, or task. This guide mentions all the ways...

How Wrong Employee Evaluation Can Increase Churn

Employee churn can be very harmful to companies in the long run. Looking to know more about it. Keep reading this guide!

Sales Incentive Structure: How to Design a Sales Incentive Structure in 2023

A perfectly designed Sales Incentive Structure boosts employee performance and productivity...

Incentive Compensation: 5 things to take care of while designing Incentive Compensation Plans

Incentive compensation is a type of pay or reward that is given to employees as an incentive to motivate them to perform at a high level...

Employee Benefits: The Complete In-Depth Guide

Employee Benefits are an important asset for the company since they provide the employees with the benefits they deserve. Here are some examples to learn more...

Everything to know about Deferred Compensation

Deferred compensation is a type of compensation plan in which an employee receives a portion of their earnings at a later date, rather than receiving them in their current pay period...

Tangible Rewards: The Complete Guide

Tangible rewards are physical items or objects that are given to employees as a form of recognition or incentive for their performance...

The Basics you need to know about Indirect Compensation

Indirect compensation is a type of pay or benefit that is not directly related to an employee's base salary or wages...

Impact of Recognition on Employee Performance

Recognition can have a positive impact on employee performance by boosting morale and motivation...

Sales Incentive Calculation: Stop making these mistakes while making Sales Incentive Calculations

Sales incentive calculation is the process of determining the amount of money or other rewards that a salesperson will receive based on their sales performance...

Elements of a Total Reward Statement

Total reward statements are designed and customized as per the branding, messaging, and objectives of the company. The statement can have customized messages for all employees...

Here is a list of 5 easy-to-use Employee Reward Programs which will help your organization retain the best-performing employees, effortlessly.

Acknowledging employees by creating a proper work culture in your organization increases voluntary employee contribution...

How to Create a Sales Incentive Compensation Plan Which Benefits Different Performers in Your Sales Department?

Your sales team is the one that can shoot up your company’s productivity in no time...

Here is a complete guide to creating perfect Compensation Management Plans in Human Resource Management.

Compensation Management plans are a strategic part of HRM. They help the company retain its employees by motivating them through monetary or non-monetary perks...

Compport appoints Navneet Rattan as the Partner & COO, India, and Global Head - Product Development to lead growth & accelerate expansion.

Navneet’s addition to the leadership team is a leap towards fast-tracking Compport’s aspiration to become a global leader in the compensation technology market by driving disproportional value for Compport’s existing and potential clients.

Smart Compensation Planning Softwares are in demand. And here’s why!

Today, we have robust cloud-based compensation software that can completely automate the entire complex...

How to Ensure Pay Equity in Your Organization

Pay equity is a real fragile concept that makes sure that all your employees are paid the amount equal to their efforts...

6 Employee Benefits That Will Improve Your Retention Rate

We have put together a list of 6 ideas that will help you improve the retention rates of your employees

How to Be More Efficient With Your Compensation Spend

Did you know compensation spend is the largest business expense in 2021?

3 Ways Automation Can Help You Streamline Employee Total Rewards Statement

All organizations realize the importance of having a solid employee total rewards program in place...

Data is the new oil and Compensation Analytics is the modern way of being smart with your business

Compensation professionals strive to ensure equity in pay and fair rewards depending on an employee’s contribution...

Managing Employee Compensation Effortlessly with Technology at Every Level

Gone are the days of flat rate employee pay raises. Nowadays, a compensation decision includes an array...

5 (+1) Kick-ass Ideas to Make Your Employees Feel Appreciated

Employees are the most precious of all assets a company can have and very few organizations show care

4 Questions to Ask When Evaluating Your Compensation Policy

Organizations want to hire the best employees to take care of their business. A successful business must always hire...

Top 4 Compensation Decision Biases and How to Overcome Them With Technology

Compensation decisions involve an array of stakeholders and a ton of processes—from performance...

5 Steps for Selecting the Right Compensation Tool for Your Business

Compensation management is a balancing act. HR leaders need to match their priorities such as employee compensation..

To Automate, Or Not To Automate, For Employee Rewards, That Is The Question.

Small businesses deep down know that their growth is dependent upon keeping their employees loyal and happy...

5 Unique Perks and Benefits From Top Companies Across the World

According to a study by The Ladder, 30 percent of the current workforce would take less monetary compensation...

3 Ways Small Businesses Can See the ROI on HR Automation Investment

SMBs depend on efficient process flows and effective documentation to keep their employee lifecycle seamless...

The Ultimate Guide to Building Compensation Models That Work

Designing an effective compensation model is no easy feat. It’s one of the most complex series of decisions any company...

4 Ways HR Automation Can Add Value to Your Small Business

HR managers in a small business battle against feral processes everyday. While they know that wearing...

7 Major Risks of Using Spreadsheets for Compensation Management Post date

Your classic spreadsheet-based compensation management is a ticking time bomb waiting to explode...

5 Tips to Handle Global Compensation

As an organization expands internationally, its market share grows, revenue increases, and workforce diversifies...

Do SMBs need compensation software?

HR and compensation management are two critical aspects of any early-stage company...

3 Ways to Keep Employee Engagement High with Unique Benefits in the “New Normal”

The employee engagement levels have hit an all-time low in the new normal. As employees and employers...

The Step-By-Step Guide to Designing a Sales Incentive Plan

The close, the upsell, and the renewal are three things almost every salesperson in the world pursues and are what the organization ...

Has Compensation Management Joined the Analytic Revolution?

Compensation analytics is a fairly new discipline with its foundations in HR analytics, focusing on the effectiveness...

Calculating the ROI on Compensation Software

No matter the size of your company, whether it is a 1000-person strong workforce or a company

The One-stop Guide to Sales Compensation Plans

Choosing the right compensation plans for sales teams is critical for any organization to attract and retain top talent...

Everything You Need to Know About Total Compensation Statements

It’s quite common that employees only take salary into consideration when thinking about compensation.

The Beginner’s Guide to Compensation Management

The payday keeps us all looking forward to it, but it can be intense and distressing for the people processing your salary...

Compensation 101: What Are Long-term Incentive Plans?

When employees reach goals that lead to increased shareholder values, you can reward them ...

Understanding Gender Pay Gap

The gender pay gap is the difference between men’s and women’s median annual earnings from full-time, year-round work...

How to manage Gender Pay Gap?

he gender pay gap is the difference between men’s and women’s median annual earnings from full-time, year-round work...

Why the Demand for a Compensation Software is Increasing?

According to various market researches done by several intelligence companies, the Global Compensation...

Benefits of HR Analytics In The Workplace That Every HR Professional Needs To Know

The role of a HR in an organization has evolved over the years. The responsibilities of HR professionals...

How People Analytics Software are Upping the HR Processes?

The phrase “data-driven” has found its application in every department and processes of the corporate industry...

Factors to Consider for Selecting the Right Compensation Management Software

There is no dispute in the fact that a happy employee is the most productive one and that nothing ...

Industries That Must Have Sales Incentive Software For a Sustainable Growth

As ‘Sales’ continues to be the growth-driving factor of various industries, the expectations of people ...

How to Choose the Right HR Software for your Company?

Choosing the right online HR platform as per the needs of your organization can be a complicated and time-consuming process.

Benefits of Systematic Compensation Management on Employees’ Performance

Compensation is the reward or monetary benefit given to employees in return for their exemplary services...