Learn about ESPP deduction, a payroll deduction for purchasing company stock at a discount through an Employee Stock Purchase Plan.
Learn the two fundamental approaches to setting employee compensation: market-based and job-based pay methods for fair and competitive salaries.
Learn what compensation entails, including salary, bonuses, and benefits, and how companies determine employee pay.
Learn what pro-rata leave means and how leave entitlement is calculated for part-time or new employees based on full-time hours.
Learn what pro-rata PTO means and how your paid time off is calculated based on the time you've worked, especially for part-time or mid-year employees.
Learn what a pro rata basis bonus is, how it is calculated, and why it ensures fairness in employee compensation.