What You Didn’t Know: 3 Ways Remote Work Affects Compensation Planning

By: Perry Doody, Chief Product Officer at CompTrak Remote work is here to stay. Across many industries organizations are being forced to embrace digitization as they implement long-term work from home (WFH) strategies. World-leading companies, such as Google, Facebook and Amazon have already announced that employees can work remotely for the long-term future. But there is something that many of …

4 Strategies to Successfully Manage your Bonus Cycles

By: Perry Doody, Chief Product Officer at CompTrak Like a smoothly revolving wheel, any company’s bonus cycle should operate with fluid regularity. But sometimes, you can encounter obstacles in the road.  Managing bonus cycles can be complicated by the increase in remote working, missing or outdated data and by shifting market conditions. Any one of those factors can easily confuse …

CompTrak

Improving Employee Experience Through Digital Transformation

There’s no question about it: The digitization of the marketplace is in full swing. Those working in retail are bound to feel the sting most sharply, as digital platforms attempt to cannibalize their sales. Fortunately, it’s possible for companies to use certain technological advances to their advantage—and to the benefit of their employees. 88% of chief HR officers say they …