article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Eight Recruiting and Staffing Industry Strategies for 2023

Acara Solutions

Transparent and fair compensation practices will help increase employee trust and engagement and help attract and retain top talent. Extra rewards and incentives, like flexible work arrangements and tuition reimbursement, on top of salary and non-wage compensation, are considered perks.

article thumbnail

Ontario Unveils New Law Requiring License for Temporary Staffing Firms, Recruiters

Acara Solutions

Ontario lawmakers are set to introduce new legislation that will require temporary staffing agencies and recruiters to be licensed to conduct business in the province. Why Use Temporary Staffing Services? In doing so, these agencies are gaining unfair advantages over other staffing firms by undercutting markup rates.

Staffing 102
article thumbnail

Compensation Packages That Drive Executive Performance

Professional Alternatives

It’s possible to inspire your executives to deliver excellent results, by ensuring that their compensation packages are properly aligned with the company’s strategy. Tips for Designing Compensation Packages. It can sometimes be difficult to achieve this. 1) Promote Profitable Growth. 2) Ensure Successful Turnaround.

article thumbnail

10 LinkedIn Groups Every Recruiter Should Join

Social Talent

However, one of the features not used enough by recruiters are LinkedIn Groups! Not only can LinkedIn Groups provide large pools of talent, they also provide a place for professionals in the same industry (like recruiters!) Recruitment Consultants and Staffing Professionals. Openreq (HR, Staffing & Recruiting Professionals).

Groups 133
article thumbnail

Post-Pandemic Labor Market Predictions for Staffing Firms

Avionte

New numbers published by Staffing Industry Analysts show staffing revenues have increased by over 10% year over year. But a n even bigger challenge looms for staffing hourly workers across Clerical, Light Industrial, Construction, and Business Services. There is a strong sentiment among leaders that the U.S.

Staffing 118