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Compensation Will Drive Recruiting and Retention in 2020

Recruiting Daily Advisor

In the world of recruiting and retaining top talent, compensation will drive all your efforts this year. Half (54%) of Monster’s respondents say they’ve changed jobs solely because the one they had wasn’t paying enough. Nearly one-third (32%) of candidates feel their pay is unfair.

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Best of Benefits & Compensation 2023

Recruiting Daily Advisor

Benefits and compensation are an integral component of the HR space. They can directly influence retention and employee engagement, as they span the health, financial, and work/life balance spaces. While preparing for the new year, let’s take a look back at HR Daily Advisor‘s best benefits and compensation content of 2023.

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The Great Boomerang

Recruiting Daily Advisor

According to a Monster poll, 4 in 10 workers indicated they left a job in the past year, and the majority of workers would consider returning to work for a previous employer. Their top reasons include additional financial compensation, benefits and work perks, and an improvement in work culture. Examine Your Culture.

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How to Factor In Your Critical Talent when Building a Competitive Compensation Plan 

HRsoft

After you’ve identified the strategy for your compensation plan that best meets your organization’s goals and company culture, the next step is to begin identifying your top performers. According to a study by Monster, high performers on average may contribute $60,000 more to the company annually than their counterparts.

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Recruitment News This Week

NPA Worldwide

In case you missed them, here is a round-up of some of the recent headlines: Randstad Completes Acquisition of Monster Worldwide. Effective November 1, 2016, Randstad announced the completion of its acquisition of Monster Worldwide for US $429 million. As a result, Monster Worldwide is no longer listed on the New York Stock Exchange.

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Is salary transparency key to a Gen Z friendly Employer Brand?

Hireserve

Over on TikTok there a whole genre of videos with millions of total views where creators interview passersby in public about what they do for a living, what they earn, and if they feel they are compensated fairly. Every person should be fairly compensated for their work. How can compensation be offered in other areas?

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A Complete Guide to Hiring Employees in Hong Kong

Recruiters Lineup

Additionally, the EO sets out standard working hours and overtime compensation guidelines. Websites like JobsDB, Monster, and LinkedIn are widely used by both employers and job seekers. Negotiating Compensation: Negotiating compensation in Hong Kong can be different from other markets.

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