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What is a Good Compensation Package? How to Decode Salary, Benefits, & Perks

Zengig

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.

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How to Increase Employee Retention

Team Software

The current job market has left many employers wondering how to increase employee retention. That fact means many employers are chiefly concerned with staff retention and employee turnover-related issues, since better retention of existing employees takes the pressure off constantly hiring and training new talent.

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Boost Employee Retention Rates with 5 Actionable Tips

ApplicantStack

Employee retention is a concern in companies of all sizes, but for small businesses, it’s especially vital to avoid costly disruptions. More than just offering a bonus or a perk here or there, employee retention practices start with the first job posting and go well beyond the interviews and job offers.

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The Effect of Inflation on Attracting and Retaining Talent

Broadleaf

The demand for labor during the pandemic recovery is fierce and quit rates are at record highs. Employees and employers across the United States are feeling the effects of inflation at its highest level since 1982. To put things in perspective, compensation is now lower than it was in December of 2019. percent in 2022 and 4.0

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Guide to Hiring Employees in Chad

Recruiters Lineup

Any work beyond these standard hours is considered overtime and should be compensated accordingly. Overtime pay rates are typically higher than regular wages, often set at one and a half or double the standard hourly rate. Employers must adhere to these regulations to ensure fair compensation for employees working extra hours.

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How to Add Talent Analytics To Your Recruitment Strategy

Ideal

While traditional applicant tracking systems (ATS) can provide some data that are used when analyzing recruitment teams’ effectiveness, they only tell a portion of the story such as time to fill and recruitment source used. Analytics will assist you by continuously monitoring the hiring funnel to look at demographics (e.g.,

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Is Uber Going to Disrupt Staffing? Ask the Taxi Industry.

The Staffing Stream

“I would argue in the war of talent, Uber won,” prophesized Barry Asin , president of Staffing Industry Analysts, at the Executive Forum North America in February 2019. At that time, Uber had nearly a million drivers on its platform to earn money in a flexible manner. Uber Works plans to put them to work from 9 to 5.