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Retention Hack: Creative Compensation Strategies

Proactive Talent

Consider one of your roles that has been difficult to recruit for and even more difficult to retain; one way to keep that employee engaged is creative compensation packages. What do I mean by that? Likewise, reduce the pay so that the reduction in labor is reflected.

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Thriving in the West: Compensation for Cleared Candidates

The Cleared Recruiting Chronicles

Read our full report on Compensation for Cleared Candidates in the West! Feeling a call to the West? The region balances career growth with ample opportunities for recreation and adventure, making it an ideal place for cleared candidates. Learn more below!

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A Guide To Executive Compensation Packages

HRsoft

Executive compensation is a crucial aspect of the corporate world. From that standpoint, they expect to be compensated for their efforts in a way that considers all aspects of their achievements. What Is Executive Compensation? However, base pay is only one piece of an executive compensation package.

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Emerging Compensation Management Trends for 2024

HRsoft

As organizations strive to attract, retain, and motivate top talent, compensation management continues to evolve. In the year 2024, several trends are expected to shape how businesses approach compensation strategies. Employees increasingly demand fairness and transparency in how compensation decisions are made.

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The 2019 Compensation Best Practices Report

Speaker: Wendy Brown, Director of Content Marketing, PayScale

According to PayScale’s latest Compensation Best Practices Report (CBPR) survey, nearly half of employers feel that the strong job market has increased their turnover rates.

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How To Develop A Compensation Strategy

HRsoft

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. In this post, we’ll examine the steps necessary to develop a compensation strategy that will work now and in the future.

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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? Let’s dive in!

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The 2019 PayScale Wage Index

No matter your industry, it's crucial that you stay up to date on the current compensation trends. The PayScale Index will let you do just that - it tracks quarterly changes in total cash compensation for full-time, private industry employees in 19 job categories. Wage growth for Q1 2019 by job categories.

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Don’t Let Inflation Hinder Your Approach to Total Rewards

Volatile economic conditions are pushing leaders to reframe their benefits and compensation strategies. How is your organization coping? The Q3 issue of Gallagher Better Works Insights has the details you need to create a sustainable total rewards program.

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Adapting, Evolving and Staying Competitive in a Disrupted Economy

It’s clear that a more flexible and strategic approach to total compensation is required to create a better path forward. Organizational success depends on workforce wellbeing, and employee needs are varied and constantly changing.

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2019 Compensation Best Practices Report

Whatever the reason, with everything from compensation to company outlook to key corporate values being shared online, it's easier than ever for workers to research and evaluate employers. With all of this information floating around, how can you keep track of trends in compensation, or find out how your organization stacks up?

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5 Steps to a Smart Compensation Plan

Speaker: Camie Bailey, Software Implementation Manager, PayScale

Watch this webinar on demand and get key tips on how to develop a fair compensation plan with accurate salary benchmarking. Many forces are coming together to accelerate the pace of change in the workplace. We're now in an employee's market where organizations fight tooth and nail to get top talent.

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Rethink Total Rewards for Top Talent During Economic Uncertainty

Explore the impact of inflation and shifting economic conditions on compensation planning for 2023. Download Gallagher’s latest white paper for insights into creating a compensation strategy that is competitive, fair, and equitable to compete in today's talent market.

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Applied AI in Talent

It also means developing diverse rewards philosophies to strategically compensate the talent needed to adapt to and thrive amid all this change. Implementing a rewards and recognition program that strategically compensates the key tech talent you need. Attracting and retaining the right people to fill those jobs.

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Communicating Pay to Employees

Speaker: Rusty Lindquist, VP Strategic HR Insights at Bamboo HR

How you can train your managers to have useful compensation conversations. However, done right, pay talk can be quite motivating. Attend this webinar and learn: Why talking about pay with employees is so important. What typical situations you may encounter when it’s time to talk pay. November 8, 2018 10:00 AM PST, 1:00 PM EST, 5:00 PM GMT.