Recruiting Daily

FEBRUARY 21, 2023

Location-based compensation is a practice from the past that has to go. Location-based compensation was inherently fair, ensuring equal pay among employees even when they lived in diverse locations with differing costs of living. Legal Risks Location-based compensation can also pose legal risks, mainly if not implemented correctly.

Compensation 77

Compensation Policies System Financial 77

HRsoft

JANUARY 11, 2023

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.

Compensation 52

Compensation Trends Retention Insurance 52

HRsoft

OCTOBER 19, 2020

Perform a quick online search for “compensation definition” and you’re bound to yield thousands of results. But is that really all compensation is? In the world of HR, compensation takes on a more significant meaning. For instance, career development and training opportunities might be included in this category.

Compensation 98

Compensation Financial Reference Retention 98

Recruiting Daily Advisor

DECEMBER 22, 2022

Companies across a variety of industries are being forced to do more with less, and one solution may be to leverage an organization’s training and development programs as a recruitment and retention tool. Training Can Be an Efficient Win-Win Opportunity. Promote Training Programs in Recruitment Marketing.

Training 98

Training Comparison Compensation Study 98

Homebase

APRIL 19, 2024

That’s why it’s essential for small businesses to develop a solid hiring, training, and leadership development strategy. Be prepared to be open to discussion of other benefits and forms of compensation, especially if your budget doesn’t have a lot of wiggle room. But don’t stop there! One easy app to manage your hourly team.

Small Business 52

Small Business Training Hiring Onboarding 52

Recruiting Daily Advisor

JANUARY 8, 2021

Department of Labor (DOL) recently answered frequently asked questions about employee training. Chiefly, when is the time compensable? In the example, the DOL found that while the hospice care provider’s CEU fund would cover the training, the employees wouldn’t be paid for their attendance. Mandatory Training Is Different.

Training 124

Training Education Compensation Conference 124

HRsoft

NOVEMBER 9, 2020

A compensation philosophy aims to ensure pay is market-competitive and aligned to the business strategy. To support these two factors, there are six components, or goals, of compensation philosophy: Attract top talent from the market. Keep in mind that compensation data may need to be reviewed outside of your specific niche.

Compensation 98

Compensation Comparison Policies System 98

CuteHR

SEPTEMBER 21, 2022

According to 66% of workers, benefits are an essential aspect of overall compensation. The compensation strategy is essential in achieving consistency when it comes to compensation and benefit choices within your firm. However, having a compensation strategy aligned with your business culture is not enough. Overtime Pay.

Compensation 87

Compensation Strategy How To Examples 87

Media Staffing Network

FEBRUARY 1, 2023

The goal of the study is to guide radio & television owners, operators, and managers to develop sales compensation packages that attract – and retain – the best candidates, including those from younger demographics, in today’s highly competitive hiring landscape. The survey launched today and runs through February 10.

Compensation 52

Compensation Study Staffing Survey 52

HRsoft

NOVEMBER 1, 2020

A solid compensation management system should go beyond just checking the boxes by paying people fairly. By optimizing your approach to compensation, you can go beyond pay and spur continuous improvement across your organization. The post 5 Must-Have Components of a Compensation Management System appeared first on HRsoft.

Compensation 98

Compensation System Retention Software 98

Recruiting Daily Advisor

APRIL 7, 2020

During this time, employees are finding they may need to turn to unemployment compensation when perhaps they’ve never done so before. And some employers are learning more about how unemployment compensation works when, until now, it’s simply been something they took for granted and paid the tax for without further consideration.

Compensation 71

Compensation Transportation Insurance Insurance 71

Achievers - Recruiting

APRIL 20, 2021

Making sure your workers have top-notch skills isn’t cheap: According to the Training Industry Report , U.S. training expenditures rose 32 percent year over year, reaching $90.6 The report broke this figure down into the following categories: Outside training products and services accounted for $7.5 Plan for obsolescence.

Training 130

Training Transportation Retail Travel 130

Recruiting Daily Advisor

FEBRUARY 28, 2020

Companies spend a lot of money and time on employee training, often with very mixed results. One of the challenges that many companies face is that the employees who know the most about a given topic or process are busy engaged in productive work and don’t have time to spend training other staff. It’s a catch-22. Set the Expectation.

Training 108

Training Compensation Sourcing Benefits 108

Recruiting Daily

NOVEMBER 19, 2021

How Integrations Work With Compensation Systems. This is especially true when it comes to things like business technology, HR and compensation. Other obstacles include cost, training, software glitches, access issues and the inevitably trying adjustment period. Does it work well with others?

Compensation 86

Compensation System Software Social Media 86

Eightfold

MARCH 30, 2021

This has inevitably led organizations to question their pay scales; specifically, whether or not employee compensation should be based on the living expenses in the employees’ physical location. “To You cannot make such a big decision without closely examining the HR implications of a geography-based compensation policy.

Compensation 118

Compensation Policies Talent Acquisition Transportation 118

Recruiting Daily Advisor

AUGUST 24, 2021

But there are many areas of general training that companies often overlook. In this post, we look at a few non-job-specific areas employers should consider incorporating into their training programs. Although it’s clear you should train staff on their roles’ specifics, there are other nonspecific areas that may also warrant attention.

Training 98

Training Construction Insurance Insurance 98

Recruiting Daily

NOVEMBER 16, 2021

There are widely differing opinions and research about the role compensation plays in employee engagement as opposed to non-monetary, intrinsic factors. There’s much truth to that, but we know that, for the majority of workers, appropriate compensation is a significant element. Compensation Transparency. Not exactly.

Compensation 81

Compensation Assessment Construction Advertising 81

Zengig

SEPTEMBER 22, 2023

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? What is a compensation package? Not all compensation packages are created equally.

Compensation 52

Compensation Benefits Insurance Insurance 52

HRsoft

JANUARY 6, 2020

From paid time off to tuition reimbursement, compensation goes far beyond base pay alone. Communicating compensation is essential to helping them see a complete overview of how they’re rewarded. Establish a Compensation Philosophy. Establish a Compensation Philosophy. Tailor Your Messaging. Make Communication Ongoing.

Compensation 72

Compensation Insurance Insurance Software 72

Professional Alternatives

JANUARY 30, 2024

[link] Maximizing Returns: Why Investing in Training is Crucial for Accounting Team Success The importance of training for accounting teams In the fast-paced and ever-changing world of accounting, staying ahead of the curve is essential for success. First and foremost, training improves the overall efficiency of the accounting team.

Training 52

Training Retention Financial Strategy 52

HRsoft

MAY 26, 2020

Total compensation has emerged as a great tool for retention. To define total compensation, it is important to first understand its components. Unlike salary or pay that deals with only the monetary aspect of a position, total compensation takes a more holistic approach.

Compensation 72

Compensation How To Insurance Insurance 72

Recruiting Daily

OCTOBER 24, 2021

Five Recommendations for Total Compensation Packages in the Post-COVID Era. To remain relevant, recruitment marketing strategies and rewarding compensation plans must speak to both the traditional and emerging needs of prospective hires. Here are five recommendations for total compensation packages. Virtual Opportunities.

Compensation 71

Compensation Transportation Diversity Culture 71

HRsoft

MARCH 30, 2020

Compensation management is inherently complex, but the ways in which we approach it don’t have to be complicated. While you may be familiar with many of the following principles, revisiting them can help reframe your compensation priorities and practices. Establish a Compensation Strategy. Establish a Compensation Strategy.

Compensation 52

Compensation Training Software Tools 52

HRsoft

JANUARY 8, 2020

For compensation professionals, the goals of designing and administering pay programs can get muddled over time. Every now and then, it can be helpful to step away from the day-to-day processes surrounding compensation management to revisit its overarching goals. The Important Objectives of Compensation Management.

Compensation 59

Compensation Software Course Training 59

Recruiting Daily Advisor

OCTOBER 8, 2020

Unconscious bias training, also known as implicit bias training, is a means to help employees identify and understand the underlying biases we all harbor. The deeper intent behind the training is to help employees to improve their actions by recognizing their biases and not acting upon them when they arise.

Training 93

Training Study Diversity Policies 93

Recruiting Daily Advisor

OCTOBER 22, 2020

The agency that monitors whether federal contractors comply with requirements against discrimination in employment is asking employers to provide copies of diversity training materials as part of its push to enforce President Donald Trump’s recent Executive Order (EO) dealing with diversity efforts. Response to EO ‘Purely Voluntary’.

Training 98

Training Diversity Government Compensation 98

Recruiting Daily Advisor

MARCH 16, 2020

Workers’ compensation helps with this process. Workers’ compensation insurance pays not only for employees’ medical treatment but also typically for at least a portion of their lost wages while they’re on leave. That said, there are a lot of ways dishonest people can take advantage of the workers’ compensation setup.

Compensation 71

Compensation Insurance Insurance Assessment 71

HRsoft

SEPTEMBER 28, 2020

Designing a compensation program aligned with their business needs and talent management strategy is one of the most powerful methods employers can use to attract and retain talent. Become a strategic partner for compensation matters, and be the source managers turn to when they need help by providing actionable advice and helpful tips.

Compensation 52

Compensation Guidelines Job Descriptions Survey 52

ClearCompany Recruiting

FEBRUARY 27, 2024

Workforce management tasks include recruiting, hiring, training, scheduling, performance evaluations, engagement, and retention. Address Labor Shortages Workforce planning gives you the ability to be proactive with recruitment, retention, and training strategies to anticipate and mitigate the effects of labor shortages.

Construction 330

Construction ClearCompany Staffing Retention 330

HRsoft

APRIL 25, 2019

The ability to understand your company’s compensation definition, or the way pay is calculated, is important for employee satisfaction. Because compensation meanings and calculations can differ in every company, your workforce should have a clear line of sight into how they’re being compensated, and just as importantly, why.

Compensation 68

Compensation Insurance Insurance Software 68

Recruiting Blogs

OCTOBER 30, 2022

Compensation packages can make or break a business. If retention, productivity, and employee well-being are important to your organization (which they likely are), then your HR team should put an emphasis on compensation management. . This statistic shows the rising importance of good compensation packages to employees. .

Compensation 52

Compensation Resources Insurance Insurance 52

HRsoft

JUNE 19, 2019

Compensation management is inherently complex, but the ways in which we approach it don’t have to be complicated. While you may be familiar with many of the following principles, revisiting them can help reframe your compensation priorities and practices. 1 Establish a Compensation Strategy. 1 Establish a Compensation Strategy.

Compensation 53

Compensation Training Software Tools 53

HRsoft

JUNE 10, 2019

While factors such as organizational culture and values do play an important part in the modern worker’s decision to stay with a company, employee compensation will always be one of the leading factors on which career decisions are made. The post 3 Employee Compensation Changes to Consider Making in Your Company appeared first on HRsoft.

Compensation 80

Compensation System Software Course 80

Media Staffing Network

FEBRUARY 23, 2021

(By Laurie Kahn) Here’s the question – What are small-market stations doing differently to compensate sellers? Especially after the last year, a top employment desire is secure compensation. Radio Ink and Media Staffing Network conduct an annual radio sales compensation study where we ask how sellers are compensated.

Compensation 52

Compensation Staffing Study Survey 52

Recruiting Daily Advisor

JUNE 10, 2020

Specifically, the seven factors are as follows: The worker clearly understands there is no expectation of compensation. The worker receives training data similar to what would be provided in a traditional “educational environment.”. The internship is tied to the student’s educational program.

Compensation 101

Compensation Guidelines Sports Insurance 101