Linkedin Talent Blog

JULY 10, 2022

“You know exactly what you’ll be paid before you even interview, you know that you’re being compensated fairly compared to your colleagues, and you know what your potential is for growth. People who are a good fit with the culture stick around, since they know exactly what else is out there in the market.” for every $1 earned by a man.

Compensation 49

Compensation Retention Study Comparison 49

Linkedin Talent Blog

APRIL 2, 2023

This comparison reveals a few interesting gaps and misalignments. If you think about it from the candidate’s perspective, employee happiness is a decent measure of all the disparate parts of a company’s culture, boiled down to a simple question: Are people happy to be working there? The error here is more a matter of emphasis.

Data 49

Data Comparison Compensation Policies 49

HIRED

FEBRUARY 23, 2023

Using sophisticated AI and transparency into compensation expectations and preferences, we surface matching talent to employers, saving both parties loads of time. If retention is a concern for you, we can help in several ways. to 3.4%, for comparison. We also have a dedicated Candidate Experience team to support them.

Hiring 52

Hiring Employer Branding Assessment Agriculture 52

Linkedin Talent Blog

JULY 26, 2018

By comparison, only 19% said they would stay for in-office perks such as food, gyms, and game rooms. Benefits” are nonwage compensation such as PTO, insurance, and retirement funding; “perks” are nice-to-have additions to salary and benefits.). 70% of professionals won’t work at a company that has a bad culture. Final thoughts.

Linkedin 52

Linkedin Insurance Insurance Survey 52

Social Talent

SEPTEMBER 5, 2016

Culture, team dynamic and meaningful work are all things employers can control. Closely measure their performance, evaluate their productivity and try and make comparisons with other team members. Inadequate Compensation/Benefits. It can be a tough pill to swallow for companies when someone hands in their resignation.

Compensation 70

Compensation Comparison Construction Insurance 70

Recruiting Daily Advisor

FEBRUARY 17, 2020

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. The point here is that compensation can be used to incentivize employees to focus on specific things. Source: Andrii Yalanskyi / shutterstock.

Compensation 105

Compensation Comparison Retention Course 105

ApplicantStack

APRIL 19, 2024

Along with education and experience requirements, compensation immediately determines if someone will apply for the job or move on to the next one. Salary transparency is the act of openly discussing wages in job postings, in interviews, and as a part of company culture. Some prefer to present a large salary range in the job listing.

ApplicantStack 84

ApplicantStack Social Media Compensation Policies 84

Workable

FEBRUARY 7, 2024

Pay transparency – or salary transparency – is a setup in a company (or industry) where companies provide information on pay and compensation to employees. This trend towards openness not only boosts individual morale but also cultivates a culture of accountability and fairness within organizations. Everyone wins.

Compensation 62

Compensation Workable Comparison Policies 62

Achievers - Recruiting

MAY 15, 2024

Companies that prioritize frequent, meaningful recognition alongside personalized rewards see improvements to key areas of the business including, engagement, retention, sense of belonging, and overall better connection to team members. For both the organization and the employee, monetary compensation will only go so far.

Software 80

Software Retail Retention Sourcing 80

Recruiting Daily Advisor

FEBRUARY 27, 2023

Retention Who is staying and why? Stay interviews and engagement surveys provide data that can reveal strengths and weaknesses around workplace culture. By analyzing the turnover data from a demographic perspective, comparisons can be made to identify red flags and inform strategic initiatives.

Diversity 110

Diversity Survey Comparison Compensation 110

Social Talent

NOVEMBER 7, 2022

Employees are happier, more productive, engaged, and motivated when a culture of trust is fostered – so how can leaders build this? Our guest today is going to be talking about how do you build a culture of trust driven, inclusive leadership. And as a leader, it is the leader’s job to create an inclusive high trust environment.

Culture 91

Culture How To Comparison Course 91

Recruiting Daily Advisor

NOVEMBER 10, 2022

In a recent survey of nearly 6,000 professionals, Paycor found that company culture is the #1 driver of retention. And then, when you’re done worrying, here are six ways HR leaders can build a healthy company culture.). Be prepared to explain your company’s strategic approach to compensation.

Compensation 105

Compensation Comparison Education Culture 105

Hireserve

SEPTEMBER 29, 2023

Is it possible to tell a toxic culture from a job ad? Vet your job postings to ensure the experience you are asking of people matches with the compensation and responsibilities they will be given in the role. Controversial comparisons The Problem Many people have phrases where if they see them in a job ad, it immediately puts them off.

How To 78

How To Comparison Compensation Onboarding 78

Recruiting Daily

MAY 4, 2023

At Compt, we are very clear about our total compensation strategy and structure, including how we offer fair-market pay with annual benchmarking audits to ensure there are no pay gaps within our organization. For this reason, I strongly recommend using available benchmarking data instead of tying compensation to performance.

Compensation 80

Compensation Policies Culture Comparison 80

Ongig

OCTOBER 19, 2023

In comparison, 84% reported that it enables them to recruit top talent. 61% of applicants highlight compensation as the number one part of a job description , while 32% of employers believe that a competitive salary is the top reason employees quit. It can boost the company’s recruitment and retention.

Job Descriptions 59

Job Descriptions Benefits Insurance Insurance 59

Linkedin Talent Blog

APRIL 29, 2021

With the cost of replacing a single employee amounting to anywhere from a half to two times their annual salary , taking proactive steps to improve retention can save companies time and money down the line. But there’s one step that can go a long way toward ensuring employees’ feel fairly compensated and that’s increasing salary transparency.

Retention 26

Retention Mobile Compensation Comparison 26

Hireserve

DECEMBER 5, 2022

This is an important metric for HR to track because a high voluntary turnover rate may indicate an issue with company culture, onboarding, compensation, or many other factors. However, a metric on its own is not particularly useful without context or points of comparison. Involuntary turnover. The number of separations was 12.

How To 78

How To Onboarding Retention Reference 78

HRsoft

DECEMBER 7, 2015

Compensation is one lens that gives management a perspective on the issue of disengagement and turnover. But it is not the only means to foster a culture of success and accountability. Powerful reporting capabilities, including the creation of retention forecasts and final turnover number sheets for comparison.

Software 76

Software Comparison Retention Compensation 76

Recruiting Daily Advisor

APRIL 13, 2020

Employee engagement is directly tied to employee recruitment and retention, as well as productivity. Whether they find the work unfulfilling or tedious, they don’t feel they are adequately compensated, they don’t click with their boss or coworkers, or a variety of other reasons, many employees simply lack true engagement.

Telecommunications 118

Telecommunications Comparison Government Meeting 118

Recruiting Blogs

OCTOBER 25, 2022

A positive onboarding experience has been proven to strengthen employee retention. Former employees are already familiar with your day-to-day operations, expectations, and corporate culture. Disagreements with coworkers and other signs of poor company culture. Plus, you don’t want them to feel taken for granted.

Benefits 52

Benefits Hiring Onboarding Social Media 52

Recruiting Daily

JUNE 24, 2015

Giving up this time is like throwing away cash, and if you don’t use your PTO, then you forever forfeit the right to complain about your compensation, because clearly you’ve got enough. They have to let you take it, or pay you for it if you can’t come up with a Plan B. Take a damn day. It’s simple.

Policies 40

Policies Retention Travel Report 40

Recruiting Blogs

APRIL 17, 2023

Burnout is negatively affecting employee retention in significant ways. 75% of employers agree that supporting remote work improves employee retention. 75% of employers agree that supporting remote work improves employee retention. What is it about our workplace culture that makes it so stressful?

Data 52

Data Financial Report Survey 52

Contract Recruiter

MARCH 14, 2022

You can see a comparison and a more detailed breakdown from SHRM here. Trader Joe’s has a company culture of promoting internally, boasting that 78% of their managers started as entry-level workers, and 100% of store managers were promoted from department managers. What pressures result in higher turnover, such as compensation?

Chemicals 98

Chemicals Retail Industry Examples 98

The Getwork Blog

JULY 20, 2017

The NYC legislation states, “When employers rely on salary histories to determine compensation, they perpetuate the gender wage gap. Next, for SMBs, it can be difficult to do apples-to-apples comparisons internally. Consider subscribing to compensation software from companies like PayScale to ensure you get accurate data.

Comparison 45

Comparison Compensation Government Policies 45

Recruiting Blogs

OCTOBER 24, 2022

Burnout is negatively affecting employee retention in significant ways. 75% of employers agree that supporting remote work improves employee retention. 75% of employers agree that supporting remote work improves employee retention. What is it about our workplace culture that makes it so stressful? Lack of autonomy.

Data 40

Data Financial Report Survey 40

HRsoft

DECEMBER 11, 2016

Increasing the perceived value of your total rewards program can improve employee engagement and retention, but it may require some adjustments to your company’s existing communication channels. Most organizations require more frequent communication, as well as better clarity surrounding total rewards. Communicate More Frequently.

Strategy 40

Strategy Insurance Insurance Comparison 40

Recruiting Daily Advisor

MAY 1, 2023

I have also seen companies run creative job fairs to bring in locals and offer jobs on the spot while they are excited about what they have seen of the work environment and culture. If you only have one, you will have no comparison. Pay a fair wage – you want a culture that retains your talent.

Compensation 98

Compensation Survey Comparison Training 98

Devskiller

JANUARY 14, 2017

in comparison to other positions. Finding suitable candidates (46%), compensation (43%) and competition (39%) constitute the three biggest obstacles to hiring. 60% of recruiters believe culture fit is of highest importance when making a decision whether to hire or not. Source: NFIB ). On average, they see a 7.6% There were 1.98

JobVite 134

JobVite Comparison Sourcing Compensation 134

Achievers - Recruiting

MAY 6, 2024

The benefits of HR training programs HR training programs are a worthwhile investment for both employers and employees, boosting skill development and contributing to a culture of innovation and engagement. per month or $349.99

Training 67

Training Course Emotional Intelligence Education 67

Recruiting Blogs

APRIL 17, 2023

If you’re a recruiter or a human resources manager, you need access to the latest employee retention statistics. Armed with this and other employee retention statistics we’ll cover in this article, you can create an array of employee retention strategies. By comparison, the quit rate for November 2022 was 1.0%.

Retention 52

Retention Onboarding Government Report 52

Ongig

APRIL 17, 2020

A few other notes: This is organic (not total) traffic — We’re using ahref’s measurement of organic traffic because we find it to be the best apples-to-apples comparison of traffic to HR blog pages. Company Culture. 35 More Team Building Activities To Create a Bulletproof Culture. Benefits and Compensation.

Employer Branding 130

Employer Branding Talent Acquisition Bullhorn iCIMS 130

Workable

DECEMBER 14, 2020

In comparison hiring practices have remained in the dark ages. Workplace benefits and compensation. PRO TIP: Netflix put their culture presentation online: That open presentation promoting Netflix’s Culture of Excellence went viral – clearly boosting their employer brand and reputation. The culture fit.

Hiring 154

Hiring Job Descriptions Job Boards Social Media 154

Visier - Talent Acquisition

JULY 30, 2020

Discover how people analytics and workforce intelligence helps you uncover the information you need to improve nurse retention. The good news is that using workforce intelligence to understand what drives turnover can help your organization improve retention rates. Here’s the information you need to start improving nurse retention.

Retention 52

Retention Healthcare Groups Comparison 52

Contract Recruiter

MARCH 4, 2020

Does the company have trouble with retention or culture, and hopes their money will solve the problem? They have both an offering for small businesses and an enterprise-level platform with program compensation analysis. They boast over 800 million market data points to make compensation data both granular and accurate.

Tools 52

Tools Compensation Data Report 52

Workable

FEBRUARY 13, 2024

This article aims to provide a comprehensive overview of PTO, delving into its meaning, operation, and comparison with traditional vacation policies. This arrangement allows employees to take time off from work for various reasons—such as personal matters, illness, or vacation—while still receiving compensation. What is PTO?

Benefits 123

Benefits Tools Policies System 123

Recruiting Blogs

APRIL 11, 2023

This may seem like small potatoes to a leader but it’s a big deal to the employee, particularly if their compensation or promotability is in any way tied to performance evaluation. Many organizations tie review scores directly to annual compensation increases and bonuses.

Compensation 52

Compensation Financial Tools Exercises 52

Social Talent

MAY 25, 2023

Potential and enthusiasm is rewarded and has built this culture of internal mobility. And it’s created an incredibly positive culture from this perspective. So the data is quite clear on retention and maintenance of staff and keeping staff in your business. And this percentage increases the more senior you go.

Mobile 181

Mobile How To Retail Course 181