John v Edmonton Police Service, 2024 AHRC 79 (Ringseis) is […]

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Compensation

HR should be highly concerned about compensation because it plays a central role in attracting, retaining, and motivating talent. Competitive and equitable compensation packages are essential for attracting skilled professionals and retaining valuable employees. HR is responsible for designing, implementing, and managing compensation programs that align with an organization’s financial capabilities, industry standards, and the talent market. It also needs to ensure that compensation practices are fair, transparent, and legally compliant, as any disparities or inequities can lead to employee dissatisfaction, turnover, and even legal issues. Effectively addressing compensation is critical for maintaining a motivated and engaged workforce, which directly influences an organization’s success and growth.

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