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Why Is It So Important to Communicate Total Rewards?

HRsoft

Communicating total rewards is an important aspect of any retention and engagement strategy. While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. Employees should be able to understand the organizational philosophy, and how that fits into compensation decisions.

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Gen Z Recruiting Trends: How to Effectively Engage and Hire the Next Generation of Workers

Recruiting Daily

This contrasts sharply with compensation and work-life balance concerns of new job seekers just half a decade ago. As younger children, many watched their parents and older siblings experience one financial setback after another while struggling through The Great Recession in 2007, then record-high unemployment rates in 2020.

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Why Is It So Important to Communicate Total Rewards?

HRsoft

Communicating total rewards is an important aspect of any retention and engagement strategy. While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. Employees should be able to understand the organizational philosophy, and how that fits into compensation decisions.

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By the Numbers: March 23, 2018

BountyJobs

A recent CareerBuilder survey listed some ‘creative’ excuses for being late to work. The survey found that 25% of workers came in late to work at least once a month, which is down from 29% a year ago. which is up from 120K in 2007. Survey Still the Option of Choice for Measuring Employee Engagement.

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50 recruitment stats HR pros must know in 2017

Devskiller

Finding suitable candidates (46%), compensation (43%) and competition (39%) constitute the three biggest obstacles to hiring. 7 2% of candidates state advancement opportunities are the top reason why they would change a job , with better compensation packages (57%) and better company culture coming second and third respectively.

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The Current State of the Gender Wage Gap

Slayton Search Partners

This is particularly true even as we shift our attention to compensation. And even though C-suite compensation increased 24% from 2012 to 2020, that looked like 27% for men and 10% for women. More Than Compensation. The gender wage gap is the widest it’s been in years. The most recent data shows that women are paid $0.83