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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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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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How to Showcase Employee Health Benefits and Recruit Top Talent

Glassdoor for Employers

That's why healthcare is still the benefit that employees value most. Plus, it might offer added benefits to your company down the road, including brand-building and savings. How to Feature Holistic Wellness in Your Recruitment Strategy. So how can you make sure that you're showcasing these benefits to job seekers?

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Pay-for-Performance Management and Compensation: A Symbiotic Relationship

HRsoft

Decisions about employee compensation can have an undeniable impact on an organization. While larger compensation packages can cost a company more, they serve as an effective tool in boosting employee morale, improving work efficiency, and motivating team members to do more. Additional perks.

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HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence

Speaker: Daniel Grace & Audra Bright

Have you just been told you need to hire employees in another country? You'll walk away with a deeper understanding of: Hiring and onboarding employees in compliance with local employment regulations, including immigration processes if you're sending U.S. 🌎 That's a huge undertaking!

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Employee Retention: How to Retain Top Talent in 2022 | ClearCompany

ClearCompany Recruiting

Use the results to inform your retention strategy and learn how to best support employees. Employees stay up to 41% longer at companies that hire internally. Offer Competitive Compensation and Benefits. That goes for lower-wage positions, too, which are seeing unprecedented benefits like sign-on bonuses.

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Hiring Temporary vs. Permanent Employees: Benefits & Disadvantages

4 Corner Resources Staffing Blog

When it’s time to hire, you have two main options: onboard a permanent employee who will be part of your team for the long haul, or opt for a temporary worker who can help meet your needs on a short-term basis. This article will help you decide on hiring temporary vs. permanent employees. Which should you choose?