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Employee compensation – what you need to know and why

Workable

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

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How to Reduce Workers’ Compensation Costs in 2022

AkkenCloud

Before you can reduce workers’ compensation costs in your business, you must develop a straightforward formula. or less will decrease your workers’ compensation expenses. Save Money on Workers’ Compensation Insurance. Ensure You are Tracking Workers’ Compensation Claims Management Best Routines.

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Financing Solutions for Staffing Agencies Just Getting Started

NPA Worldwide

Headcount is a leader in back-office solutions designed specifically for staffing agencies. Since 2008, Headcount has helped staffing firms across all 50 states mitigate liability, reduce costs, and maintain full hiring compliance. Funding Staffing Agencies: It’s Not What You Make, It’s What You Keep.

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Location-Based Compensation is Bad for Business

Recruiting Daily

Location-based compensation is a practice from the past that has to go. Location-based compensation was inherently fair, ensuring equal pay among employees even when they lived in diverse locations with differing costs of living. Legal Risks Location-based compensation can also pose legal risks, mainly if not implemented correctly.

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People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

HR analytics empower organizations to use employee data to make better working decisions and improve performance in areas such as attracting top talent, accurately forecasting future staffing needs, and improving employee satisfaction. Link a company's workforce to their strategic and financial goals, which improves business performance.

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Unemployment Compensation Basics

Recruiting Daily Advisor

In this time of uncertainty, many employers are forced to make difficult staffing decisions. Already, thousands of employers have had to let employees go, as they find themselves without enough income to support their previous staffing levels. The post Unemployment Compensation Basics appeared first on HR Daily Advisor.

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Reopening the Workplace with an Eye on Financial Health

Recruiting Daily Advisor

It also highlights the importance of managing that transformation using the lens of financial health. Before COVID-19, only 29% of Americans were financially healthy. The resulting COVID-19 financial shock almost certainly does not improve financial health, especially for those workers who were already struggling.

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