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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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3 Sources of Data You Need For A Successful Employer Brand Launch

Rally Recruitment Marketing

My team and I rely on the following 3 sources to create our talent intelligence maps: Candidate personas. Open source talent data available in the market. Bonus and compensation structures. Competitor research also has the added benefit of highlighting great opportunities to poach qualified talent. Competitor scans.

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Building a More Equitable Future: The Case for Affordable Family-Forming Benefits in the Workplace

Recruiting Daily Advisor

Incorporating affordable family-forming alternatives into employee benefit packages plays a vital role in the pursuit of equity. Central to this initiative is the principle of affordability, which serves as the foundation for making family-forming benefits widely accessible.

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Where to Find the Right Compensation Data for Your Company

JazzHR

As your organization looks ahead to the new year, HR leaders may want to optimize compensation strategies. To do so effectively, you’ll need the latest market research about salaries and benefits. Online research and internal surveys can give you concrete data from which to build an optimized pay structure.

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Understanding the FARM Components of Compensation

Recruiting Daily Advisor

Have you heard of the acronym FARM as it relates to compensation? I first heard this term from a BLR ® webinar run by Paul Dorf, the Managing Director of Compensation Resources, Inc. Source: Andrii Yalanskyi / shutterstock. The point here is that compensation can be used to incentivize employees to focus on specific things.

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Diverse Compensation Plans Are a Win-Win for All

Recruiting Daily Advisor

Source: lovelyday12 / iStock / Getty Images. That stake in the business can take the form of profit sharing or even an equity interest, as most Americans want greater diversity beyond just base wages in their compensation plans. There are a number of ways businesses can diversify their compensation plans for employees.

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Invest in your tech workers – or they’ll move on: Survey

Workable

That’s the conclusion of a new survey of 1,200 US tech workers commissioned by Workable and learning management platform TalentLMS , which finds that nearly three quarters (72%) of employees working in tech/IT roles are thinking of leaving their jobs over the next year – far higher than the 55% of the overall US workforce.

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