Diverse Compensation Plans Are a Win-Win for All

Recruiting Daily Advisor

That stake in the business can take the form of profit sharing or even an equity interest, as most Americans want greater diversity beyond just base wages in their compensation plans. There are a number of ways businesses can diversify their compensation plans for employees.

A Step-by-Step Guide to Cultivating Diversity and Inclusion Part 6: Committing to Fair Compensation

Lever

We believe passionately that diverse and inclusive companies make for more innovative, engaged, and happy teams, and we speak with forward-thinking talent leaders all the time who feel the same. We’re writing this series on how to improve diversity and inclusion in the workplace because people are ready for the next level of discourse around diversity and inclusion; one aimed at actual solutions. Diversity & inclusion di-series

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Unemployment Compensation Basics

Recruiting Daily Advisor

During this time, employees are finding they may need to turn to unemployment compensation when perhaps they’ve never done so before. Unemployment tax money collected at the state level is typically used to actually pay for unemployment compensation for individuals.

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

Social Talent

Diverse organisations perform better. Higher levels of ethnic diversity increase revenue by a whopping 15%. According to Glassdoor, 67% of active and passive job seekers say that when evaluating companies and job offers, it is important to them that the company has a diverse workforce.

Applied AI in Talent

AI is both disrupting and transforming everything about workforce management. For HR leaders, that means changing the types of skills and competencies companies need, changing the way existing employees do their jobs, and altering the recruiting landscape. This handbook looks at how AI is shaping the way we think about workforce planning and development at the highest levels.

How Changing the Compensation Conversation in Interviews Solves More than the Pay Gap

ERE

Compensation & Benefits Diversity FeaturedA few months ago, Massachusetts pushed pay transparency forward when Governor Charlie Baker signed a law prohibiting employers from asking candidates about their salary history. The law, which also forbids companies from telling employees not to discuss their salaries, is designed to support equal pay for equal work — specifically targeting the pay gap between men and women.

Building a Diverse Distributed Workforce

Workable

One area of focus, aided by a shift to a more distributed workforce, is increased diversity and inclusion initiatives. DE&I goals won’t go away, and as companies become more familiar with remote hiring, diverse pools of candidates will be more accessible than ever.

3 Tips for Compensation Communication

HRsoft

From paid time off to tuition reimbursement, compensation goes far beyond base pay alone. Communicating compensation is essential to helping them see a complete overview of how they’re rewarded. Establish a Compensation Philosophy.

Diversity & Inclusion Checklist

Glassdoor for Employers

Diversity and inclusion (D&I) are often mentioned in the same sentence, because an inclusive organization can't exist without a diverse workforce. And an organization must be inclusive in order to retain its diverse staff. Define diversity and inclusion at your company.

Diversity and Inclusion in the Workplace: Benefits and Challenges

Achievers - Recruiting

The positive impact of diversity and inclusion is no longer debatable. According to Deloitte, diverse companies enjoy 2.3 Gartner found that inclusive teams improve team performance by up to 30 percent in high-diversity environments. What is diversity and inclusion?

6 Noteworthy Benefits of Compensation Planning Software

HRsoft

The needs and expectations of today’s workforce are more diverse than ever. To keep employees engaged and to reward them appropriately, organizations must use robust compensation programs that go beyond base pay to factor in elements of total rewards.

Use Voluntary Diversity Goals as Effective Tools, Not Legal Land Mines

Recruiting Daily Advisor

In response to mounting pressure from all sides, employers are racing to implement robust diversity, engagement, and inclusion (DE&I) initiatives. Voluntary hiring and/or promotion goals are an effective diversity tool if properly implemented.

Diversity, inclusion and employer brand

Stories Incorporated

Prove that your that your company’s diversity, inclusion and employer brand are fully integrated through reall employee stories. Candidates want to know a potential employer is wholly committed to diversity and inclusion. Real stories of diversity and inclusion.

Diversity And Inclusion: A Complete Guide For HR Professionals

Ideal

Diversity and inclusion in the workplace (D&I) is a term you’ve probably heard several times by now. Josh Bersin, leading industry analyst and researcher, calls diversity and inclusion one of the hottest topics of these few years. What is diversity in the workplace?

Summer Hammons: Finding Her Way into Diversity, Equity, and Belonging

Recruiting Daily Advisor

Seeking Diversity in a Traditionally Homogeneous World. In white-collar industries, it’s generally not enough for companies to sit back and wait for diversity to find them; they need to be proactive at cultivating diversity within their ranks and creating a culture of diversity.

Avoiding Fraud in Workers’ Compensation Administration

Recruiting Daily Advisor

Workers’ compensation helps with this process. Workers’ compensation insurance pays not only for employees’ medical treatment but also typically for at least a portion of their lost wages while they’re on leave.

How to Build High-Performing Diverse Teams at Work

Achievers - Recruiting

Today, businesses are facing immense pressure to build diverse teams at work, with several high-profile organizations compelled to divulge their diversity and inclusion statistics. The benefits of having diverse teams at work. Workplace diversity isn’t exactly a new concept.

6 Noteworthy Benefits of Compensation Planning Software

HRsoft

The needs and expectations of today’s workforce are more diverse than ever. To keep employees engaged and to reward them appropriately, organizations must use robust compensation programs that go beyond base pay to factor in elements of total rewards. As compensation becomes increasingly complex, it’s essential to leverage tools that support streamlined processes and simplified pay decisions – namely, compensation planning software.

New Survey: Company Mission & Culture Matter More Than Compensation

Glassdoor for Employers

Diversity: Bring yourself, because there’s a place for everyone in these inclusive cultures. Diversified financial services and consumer goods are some top industries when it comes to cultivating diverse cultures, and TD Bank is a leader. . Performance: The company recognizes performance and rewards results through compensation, recognition and promotion, and it handles underperforming employees tactfully and strategically.

How HR Can Tackle Diversity Using the Rooney Rule

Visier - Talent Acquisition

Recent events have called attention to the state of workplace diversity at organizations in all industries. Restaurant Brands International committed to ensuring that at least 50% of all final round candidates for corporate office positions are diverse.

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

Glassdoor for Employers

While more diverse than in the past, it's no secret that corporate America suffers from a lack of diversity and inclusion. Thankfully, many companies are now realizing that increasing diversity and inclusion within the company is not only good for society, it's also good for business.

8 Strategies for Attracting More Diverse Candidates

Jobvite

Jobvite Believes Diversity Makes Companies Stronger. In the last couple of weeks, Jobvite has announced a new Dive r sity & Inclusion (D&I) pack that aims to help companies on their journeys to attract and engage more diverse job seekers.

The Quick Guide to Diversity and Inclusion in the Workplace

Achievers - Recruiting

Did you know by 2022, more than 75 percent of large enterprises will include diversity and inclusion enablement criteria in the selection process for Human Capital Management (HCM) technologies? True diversity and inclusion takes more than a training video about being polite to coworkers.

Best Places to Work: Compensation and Benefits

Indeed

The vast majority of people who work need to make a living, making compensation one of the most important aspects of a job. Much more than just a single number, compensation is a package that includes both salary and benefits. So which companies are raising the bar for compensation? However, although the overall ranking is diverse, we do see that tech firms remain on the cutting edge of benefits.

DEI and Employee Benefits

Recruiting Daily Advisor

A new survey from Willis Towers Watson points to some diversity, equity, and inclusion (DEI) impacts that can be driven by something many organizations may not have considered: their benefit packages.

Why is Diversity, Equity, and Inclusion Important to Organizational Success?

Ideal

There was a time when diversity, equity, and inclusion (DEI) was just a group of buzzwords. As it turns out, the people poised to shape the future are more diverse than ever. Here’s a quick refresher on what we mean when we talk about diversity, equity, and inclusion. Diversity.

A Step-by-Step Guide to Cultivating Diversity and Inclusion in the Workplace Part 10: The Next Level

Lever

We believe passionately that diverse and inclusive companies make for more innovative, engaged, and happy teams, and we speak with forward-thinking talent leaders all the time who feel the same. We’re writing this series on how to improve diversity and inclusion in the workplace because people are ready for the next level of discourse around diversity and inclusion; one aimed at actual solutions. Diversity & inclusion di-series

The Role Men Can Play in Fostering a Diverse Workplace

JazzHR

In today’s cultural landscape, men may find it difficult to know where they can help promote workplace diversity. Male support is essential to a diverse workplace, global nonprofit Catalyst reported. “Research continues to show that well-managed diversity yields more innovation. As Reuters reported, fostering a diverse workforce starts with rejecting gender stereotypes. What are you doing to foster a diverse workplace in your organization?

Building a Diverse & Inclusive Distributed Workforce

HIRED

One of the strategic considerations companies may have been able to make is to take stock of their workforce and workplace for its diversity and inclusion and the work that still needs to be done. Diversity in recruitment. Equitable total compensation.

6 Best Workplace Diversity Trends For 2018

Ideal

A big focus in recruiting in 2017 was workplace diversity. Workplace diversity is defined as: understanding, accepting, and valuing differences between people of different races, ethnicities, genders, ages, religions, disabilities, and sexual orientations, as well as differences in personalities, skill sets, experiences, and knowledge bases. Here are the 6 best workplace diversity trends for 2018. Adopting a more diverse definition of diversity.

4 Practical Ways to Develop a Diversity and Inclusion Strategy

Ideal

Creating a diversity and inclusion strategy for your organization can seem like a daunting task, but there are practical steps HR leaders can take to get a framework up and running. Diversity and inclusion definition. Diversity is the presence of differences within a segment of people.

How MM. LaFleur Built a Transparent and Equitable Compensation Strategy

Namely - Talent

HR Equal Pay Diversity & InclusionI joined MM.LaFleur -- a clothing brand, styling service and community for professional women—as a People Operations Manager in May 2017. Four years after the company was founded, we were no longer a tiny startup—we had more than 50 employees , and were growing rapidly. As we tried to fill all of our recruiting needs, we lacked the processes to do so effectively. It was like we were trying to build the airplane mid-flight.

Need a Compensation Solution? Here’s What to Do

HRsoft

Compensation planning is wrought with countless challenges, and factors like changing labor laws and a diverse workforce are making it even more difficult for compensation teams to keep up. It’s no surprise that many employers are seeking compensation solutions to successfully navigate planning obstacles and create a compensation structure that works for both the company and its people. What are you finding most difficult about the compensation planning process?

Workplace Diversity: Does Your Company Have What Women Expect?

Yello

The tightest labor market in decades demands employers step up their games now, with targeted strategies that align with and reflect women’s preferences about workplace diversity and recruiting. Women Want to Work for Diverse and Inclusive Employers . Diversity and Inclusion

3 Compensation Strategies for Your Remote Workforce

Linkedin Talent Blog

Starting this month, Facebook will adjust its compensation based on the cost of living in the area in which an employee lives. Compensation packages based on geography aren’t new. The company has roughly three compensation zones within the U.S.,

8 Strategies for Attracting More Diverse Candidates

Jobvite

Jobvite Believes Diversity Makes Companies Stronger. In the last couple of weeks, Jobvite has announced a new Dive r sity & Inclusion (D&I) pack that aims to help companies on their journeys to attract and engage more diverse job seekers.

The Relentless Case For Diversity In Hiring In 2020

Entelo

So how do you, as an HR or Talent Acquisition leader, make sure that your organization gives DE&I more than just lip service – and convince a group of homogeneous senior level executives that you need dedicated resources to achieve a successful Diversity, Equity & Inclusion program?

Q&A: What’s Visier NOW & How It Solves Urgent Issues Like Turnover & Achieving Diversity Goals

Visier - Talent Acquisition

Also, many companies that pledged publicly to do better work on diversity, equity, and inclusion last year are failing to make good on those promises. One that focuses on retention, and one that focuses on putting a diversity plan into place. Q: And what about diversity planning?

How Are Business Leaders Improving Diversity in Industrial Manufacturing?

Slayton Search Partners

Right now, in board rooms and HR departments across the country, business leaders are revisiting old diversity statements or implementing diversity initiatives for the first time. A lack of diversity amplifies this pain point. How Manufacturers are Improving Diversity.

78% of Jobseekers Say They Want to Work for Diverse Companies

Recruiting Daily Advisor

Just because there’s a global pandemic taking place doesn’t mean your diversity efforts should take a back seat. Diverse Cultures Are Important to Jobseekers. Yet only 34% of people say they meet with a diverse set of interviewers.