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4 Benefits of Competency-Based Hiring | ClearCompany

ClearCompany Recruiting

Hiring teams base their decisions on many factors, most significantly a candidate’s experience, qualifications, and core competencies. But competencies are not always easy for talent acquisition professionals to identify and are often overlooked in traditional hiring processes. Learn more about hiring for #CoreCompetencies: 2.

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Workers’ Compensation 101 for Small Business Owners

Homebase

That’s why workers’ compensation insurance—also often called worker’s comp — is mandatory in most states. Understanding worker’s compensation insurance is crucial to protecting both your employees and your business. Get started for free with Homebase What is workers’ compensation insurance? And that peace of mind?

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The Top-Rated Workplaces for Compensation and Benefits

Indeed

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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How to Create Efficient Compensation Strategy for Business?

CuteHR

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.

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4 Compensation Management Trends for 2023

HRsoft

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.

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How Bad Is the Skills Shortage? 10 Data Points That Tell the Full Story

Vervoe

Here are 10 data points that show the current situation, what’s causing it, and what you can do about it. More than half (56%) of hiring managers believe AI, workplace automation, and other tech forms will change the skills employees need at work. The global talent shortage is at a 16-year-high, and it’s not slowing down.

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Leveraging Compensation: Why Pay Equity Is Key to a High-Performing Workforce

Slayton Search Partners

Despite challenges, fair compensation remains critical to talent attraction and retention. Compensation is vital to talent attraction and retention today. Demand for fair compensation—a concept that has proven difficult to define—will only escalate in the wake of rising inflation rates and imminent recession concerns.