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4 Questions Enterprise Compensation Management Should Answer

HRsoft

Enterprise compensation management (ECM) refers to the ways in which pay policies are administered, organized, and automated in companies. Because compensation accounts for a significant portion of overall business costs – up to 70% – it’s important to ensure pay is achieving what it’s intended to do.

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4 Questions Enterprise Compensation Management Should Answer

HRsoft

Enterprise compensation management (ECM) refers to the ways in which pay policies are administered, organized, and automated in companies. Because compensation accounts for a significant portion of overall business costs – up to 70% – it’s important to ensure pay is achieving what it’s intended to do.

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4 Compensation Management Trends for 2023

HRsoft

Enterprise organizations have had to navigate all these challenges in recent years – is compensation management adding to your headaches? Compensation management is the process of how an organization pays its employees. This can include both direct and indirect compensation , such as salary, bonuses and benefits.

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5 Ways to Recruit New Graduates

Recruiting Daily

Compensation and benefits are not the only or most important cornerstones to successfully recruit new graduates. Whether it’s a multi-national enterprise or a rapidly expanding startup, a prestigious brand name is not always a guarantee that you will attract the top candidates. Competitive Compensation.

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9 Companies Around the World That Are Embracing Diversity in a BIG Way

Social Talent

In our E-Book on How to Increase Diversity Through Improved Hiring and Recruitment Processes , we uncovered some very interesting insights on the benefits of embracing diversity, including: Most studies surrounding diversity in the workplace have found that for every 1% increase in gender diversity, company revenue increases by 3%.

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10 Best Employee Financial Wellness Software in 2023

Recruiters Lineup

We will also review the benefits of implementing financial wellness programs for employees and employers, providing insight into why these programs have gained popularity in recent years. With student loan refinancing and consolidation offerings, employees can benefit from competitive interest rates and flexible repayment plans.

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Transitioning to a Dynamic Workforce in the Era of the Great Resignation

The Staffing Stream

According to IBM , 55% of organizations made permanent changes to their organization strategy during the pandemic, and 87% are prioritizing enterprise agility over the next two years. Your core employees gain more responsibility and seniority in-house, improving retention and turnover. The dynamic workforce becomes a win/win.