Employers want to hire the best talent they can get while controlling compensation costs. Competition for skilled workers is tough against larger companies that can offer bigger benefit packages along with higher salaries. To succeed in this competitive environment you must have a well-designed compensation plan at a manageable cost. Business and Legal Resources suggests your overall compensation plan, salary and benefits need to fit into your strategy for recruiting and retaining employees. Here are a few suggestions for creating a top-tier compensation plan.
If you've ever considered using the cloud for your back-office needs, you've probably come across a few things that make you nervous. The cloud is such an innovative concept, and it's completely unlike anything else in the world. Because of this it seems a little dangerous. As it turns out, although every business decision comes with some risk, most of the negative things you've heard or thought about the cloud are probably completely inaccurate. Let's look at a few of the most common myths about the cloud.