Canada is currently experiencing a period of strong job growth. Between February 2017 and February 2018, the country generated 414,100 new full-time jobs, representing an increase of 2% overall. That means Canadian businesses as a whole are thriving. But even though your organization may be doing well, you'll still need to adhere to the compensation management policies you've established. In the modern age, compensation management systems allow you to distribute and keep track of wages, benefits, overtime pay, bonuses, and more given to employees while allowing your business to continue to grow.

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But what exactly should you look for in your compensation management solutions? Because there are all kinds of systems available to you, this makes it tough to recognize which platforms will fit your needs. While some organizations may want specific features, others may want a system that encompasses all the bare necessities. At a minimum, here are a few things your compensation management solution must offer.

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