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4 Different Types of Compensation

ExactHire Recruiting

There are four different ways to demonstrate to your employees that you appreciate their work using compensation. Today’s top professionals are looking for custom compensation options and flexible earning potential. Direct compensation is monetary, usually providing a financial benefit.

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Top Benefits of Global Contingent Hiring | ClearCompany

ClearCompany Recruiting

To beat these challenges, many recruiters and talent acquisition pros are switching up their strategy and hiring contingent workers around the world. The benefits of global contingent hiring include an expanded talent pool, better cultural fit, cost savings, and more. The hiring process is faster and cheaper.

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Compensation policy template

Workable

This policy template provides a comprehensive framework for managing employee compensation. It covers all aspects of compensation, including salary ranges, bonuses, benefits, and equity. What is a compensation policy? It typically includes information about salaries, bonuses, benefits, and other forms of compensation.

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Workers’ Compensation 101 for Small Business Owners

Homebase

That’s why workers’ compensation insurance—also often called worker’s comp — is mandatory in most states. Understanding worker’s compensation insurance is crucial to protecting both your employees and your business. Get started for free with Homebase What is workers’ compensation insurance?

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Employee compensation – what you need to know and why

Workable

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

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Putting Your Money Where Your Mouth Is: Compensation and Benefits

JazzHR

An attractive compensation and benefits package is one of the best ways to recruit new hires and retain current staff, but being too generous is obviously a strain on the budget. When putting together a compensation and benefits strategy, you want to find a way to offer pay and perks that are desirable, yet feasible.

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How to Handle a Bad Hire: 5 Expert Tips | ClearCompany

ClearCompany Recruiting

Even with the best talent acquisition software and rigorous recruitment management systems, you might occasionally make a bad hire. Bad new hires cost your human resources team valuable time and money. Keep reading for more on the impact of hiring mistakes and how you can address them. Addressing a bad hire takes a similar toll.