HRsoft

MARCH 20, 2024

As your business grows and scales, the facts and figures you look at can differ daily. Compensation is one area that you can’t afford to overlook. Joe Poxson , CEO of HRSoft explains that “crafting an effective compensation strategy tailored to the specific stage of the organization is paramount.

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Recruiting Daily Advisor

DECEMBER 7, 2023

Compensation leaders support the optimization of labor resources so clinicians, the organization, and its leaders can run at peak performance. In partnership with HR and business leaders, they identify positions to fill, develop precise job descriptions and determine compensation rates to attract top talent.

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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? Throughout this article, we will break down its components, including salary, benefits, and perks.

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Indeed

MARCH 5, 2019

And in today’s world, compensation is so much more than just a number — it also includes the added benefits offered to you by your company, such as health insurance, wellness, time off, bonuses and more. In short, investing in competitive compensation is an investment in your firm. Here’s what we found.

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Recruiting Daily Advisor

JANUARY 23, 2024

In an economic landscape marked by rising inflation, businesses are facing new challenges in managing employee compensation. Here we take a look at how employers are modifying employee compensation in response to inflation. Here we take a look at how employers are modifying employee compensation in response to inflation.

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Indeed

FEBRUARY 27, 2018

We all want a job that gives us a sense of fulfillment at the end of the day. The vast majority of people who work need to make a living, making compensation one of the most important aspects of a job. Much more than just a single number, compensation is a package that includes both salary and benefits. The takeaway?

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Recruiting Daily Advisor

APRIL 15, 2024

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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Recruiting Daily Advisor

JULY 21, 2023

We’ve enjoyed a full week of online events and digital resources around benefits and compensation. As this year’s Employee Benefits Week comes to a close, let’s take a look at what we’ve learned from the event’s discussions and resources.

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Recruiting Daily

MARCH 31, 2022

Compensation not only includes a salary but other monetary benefits like vacation pay, health insurance, travel allowance, work-from-home allowance, stocks and equity and retirement bonuses. Discussing compensation during the interview is one of the most important strategies for candidates to gain all this information.

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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. The Oxford Dictionary defines it as “the money received by an employee from an employer as salary or wages.”

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Recruiting Daily Advisor

JUNE 6, 2023

With hundreds of thousands of grads entering the workforce, companies need to bolster their benefits to stand out against the crowd. What Recent Grads Want Eighty-one percent of 2023 college grads say great benefits make them more likely to apply to a job compared with 70% of the previous year’s graduating class.

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Recruiting Daily

NOVEMBER 3, 2021

That means advances in technology are creating new requirements for candidates, even while they generate new challenges for compensation professionals. For the compensation professional, it’s no longer enough to take a standard scientific approach to compensation. Self-Discipline. Analyze, Create and Deliver Data.

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Recruiting Daily Advisor

APRIL 22, 2022

As HR Employee Benefits Week comes to a close, we want to look back at all the offering and events that transpired throughout this exciting event! Why do half the people who need healthcare opt out, choosing not to utilize their healthcare benefits? Educational Webinar | Student Loan Refinancing as an Employee Benefit.

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Recruiting Daily Advisor

FEBRUARY 28, 2023

This year, Barrett Scruggs, VP of Employee Financial Well-Being at SoFi at Work , predicts employers will keep up with their individual employees’ goals by offering new and personalized benefits to not only attract but also maintain top talent. What employee benefits do you see taking center stage this year?

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Recruiting Daily Advisor

JULY 16, 2021

While segmenting employee populations by generation is “old hat” at this point, the rise of the latest cohort, Generation Z, requires a new focus. At the same time, 1 in 5 U.S. The benefits package should be a vital part of an employer’s attraction and retention strategy. Talk About Benefits that Matter Most to Gen Z.

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Recruiting Daily Advisor

AUGUST 3, 2022

When it comes to benefits, your business is likely already offering some obvious ones. 60% of employees name benefits as “very important” when it comes to job satisfaction. 60% of employees name benefits as “very important” when it comes to job satisfaction. Benefits Beyond the Norm. Healthcare.

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Recruiting Daily Advisor

MAY 28, 2021

When job candidates consider which position is best for them, benefits can be the factor that tips them from one company to another. As an indirect form of compensation, benefits fuel their quality of life. The responsibility of any good company is to provide fair, competitive, and livable benefit options.

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Recruiting Daily Advisor

JANUARY 16, 2024

Benefits can feel like one of the drier topics human resources professionals need to be experts in. But benefits are incredibly important to job seekers. Your employee benefits package shows potential employees that you don’t just see them as a cog in the machine—you’re actually invested in their long-term health and well-being.

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Recruiting Daily Advisor

APRIL 21, 2022

It’s Employee Benefits Week at HR Daily Advisor—and we couldn’t be more excited to share the timely news and insights with our dedicated HRDA audience. So, where do these experts see the HR industry heading in five years? The last couple years are a good example,” Bahl says. “We Charles Lattimer. Shrina Sood.

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Recruiting Daily Advisor

MARCH 27, 2024

Photo Credit: SEIU 560 In the past, collegiate sports could distinguish itself from professional leagues because these athletes were student-athletes, not employees, primarily focused on receiving a higher education. Instead, it considered benefits such as equipment, apparel, tickets to the game, lodging, and meals as “compensation.”

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Recruiting Daily Advisor

FEBRUARY 10, 2022

If you provide your employees with voluntary benefits, you’ve most likely considered offering them through face-to-face annual enrollment meetings or over the phone. With one-on-one meetings not being as viable an option as they once were, where does that leave HR leaders who are re-evaluating how to offer and enroll voluntary benefits?

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Benefits Education Compensation Data 105

Recruiting Daily

JANUARY 27, 2022

Salary, healthcare and retirement remain the three cornerstones that hold up any solid compensation package. Compensation Myths. But the not-so-fun myths, like those traditionally believed in the world of compensation, can be detrimental to the health of an organization. . Myths are everywhere.

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Recruiting Daily

MARCH 18, 2022

With pay surfacing as a significant contributor to attrition , and eventually, business performance, is it time for organizations to have a compensation operations role? What is Compensation Operations? Traditionally, compensation operations were carried out by HR and payroll in the absence of a dedicated operations team. .

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Compensation Strategy Financial Data 70

Recruiting Daily Advisor

JANUARY 19, 2023

Benefits and insurance are an important part of your career when it comes to your health, wellness, and finances. As an employee at any workplace, you should always be aware of what you’re covered for. Here is what employees should know about their benefits and insurance.

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Recruiting Daily Advisor

JULY 9, 2021

As a consultant who feels strongly about providing employees with both choice and value in their overall benefits package, I am heartened to see that employers increasingly see voluntary benefits as a means of enriching their core benefits plan by allowing employees to choose more personalized benefits.

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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.

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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.

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Compensation Transportation Diversity Culture 71

Ongig

OCTOBER 19, 2023

Employee benefits are a crucial part of a job description and can significantly influence a candidate’s decision to apply. A Glassdoor study pointed out that 63% of job seekers and employees pay attention to employee benefits in job ads. 67% of employees and 68% of employers believe this to be the most important benefit.

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HRsoft

SEPTEMBER 8, 2016

There are components of total compensation that you know you need to include: salary, medical benefits, PTO, etc. Here, we’ll explore the reasons why including continuing education in your employee benefits statements could prove to be an extremely valuable strategy. Total Compensation Can Give You a Competitive Edge.

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Education Compensation Strategy Software 40

Recruiting Daily

DECEMBER 14, 2021

Your health insurance and benefits package can help. Touting Benefits. Any way that you look at it, though, you now need to fill positions. Focus on benefits. A HDHP has its place in a benefits package, but don’t just rely on that sole option and expect employees will like it. Advocate and Educate.

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Recruiting Daily Advisor

JUNE 15, 2020

The initial fallout from the COVID-19 pandemic is putting new urgency on company benefits. As employees look to their benefits offerings, companies are responding in kind by leveraging, expanding, and creating new benefits to answer the needs of their employee populations. Source: garagestock / shutterstock. Medical Coverage.

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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. .

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Recruiting Daily Advisor

NOVEMBER 13, 2019

As an HR manager, you’ve likely spent a lot of time putting together your company’s benefits package. You’ve selected exciting new benefits and made sure you have a good balance of health, wellness, and leave packages. How can you make the most of your benefits package? What forces are at work here?

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Recruiting Daily Advisor

JUNE 9, 2020

It’s no secret that the average consumer is confused about how to choose and use his or her healthcare benefits. As far back as 2003, the National Center for Education Statistics found that 9 out of 10 adults lack the skills needed to fully manage their health care and prevent disease. The problem?

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Recruiting Daily Advisor

JUNE 28, 2023

Typical of tech employees in their generation, each chose to work for a company that supports work/life balance and offers attractive family-building benefits, and both used their benefits to hopefully achieve their family-building dreams. Their careers are advancing nicely.

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Professional Alternatives

DECEMBER 22, 2023

[link] The Art of Confidentiality: Retained Executive Search at its Finest ‍ Introduction to Retained Executive Search When it comes to finding top-level executive talent, companies are faced with the challenge of identifying individuals who possess the skills, experience, and vision necessary to drive their organizations forward.

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ATS Assessment Compensation Talent Acquisition 52

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. Emerging data from these efforts shows, at minimum, that women benefit from salary transparency. Examples include special skills, years of experience, education, and location.

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