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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 to Address the Gender Pay Gap with Effective Enterprise Compensation Management

HRsoft

There are many reasons why a pay gap may occur, ranging from lack of visibility into pay practices and siloed pay data to the absence of a compensation philosophy which can be enforced consistently throughout the organization. Challenge 2: You don’t have a clear compensation philosophy for enforcing consistent pay practices.

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9 Companies Around the World That Are Embracing Diversity in a BIG Way

Social Talent

In our E-Book on How to Increase Diversity Through Improved Hiring and Recruitment Processes , we uncovered some very interesting insights on the benefits of embracing diversity, including: Most studies surrounding diversity in the workplace have found that for every 1% increase in gender diversity, company revenue increases by 3%.

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5 Ways to Recruit New Graduates

Recruiting Daily

Compensation and benefits are not the only or most important cornerstones to successfully recruit new graduates. Whether it’s a multi-national enterprise or a rapidly expanding startup, a prestigious brand name is not always a guarantee that you will attract the top candidates. Competitive Compensation.

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[Podcast] Industry Spotlight | Tom Kosnik – Founder and President of Visus Group: Designing Effective Compensation Plans for Staffing and Recruiting Firms

Crelate

In this episode, he delves into the intricate world of compensation plans, sharing best practices for creating detailed, effective, and motivating compensation packages. Just answer all the questions that anyone’s going to have in their head about a compensation plan. And again, what that does, it just communicates.

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12 Companies Ramping Up Their Diversity & Inclusion Efforts - and How You Can Too

Glassdoor for Employers

A company with a great culture, work/life balance, benefits, people, and bright future." - Current Employee. Benefits are great and the company is true to their values in every way." - Current Employee. Related: How to Conduct Effective Diversity & Inclusion Training Online. Solid pay, great benefits." - Previous Employee.

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How to Start a Business in Pennsylvania

Homebase

Unemployment compensation tax: Employers in Pennsylvania must pay unemployment compensation tax. This tax funds the state’s unemployment insurance program, which provides benefits to workers who lose their jobs through no fault of their own. The rate varies based on your business’s history and industry.

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