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Understanding the Gig Economy and Modern Compensation Management

Recruiting Daily

Source: The State of Gig Work in 2021. Which brings us to the point about compensation. Does a new way of working call for a rethink around traditional approaches to compensation management? Nearly half of the gig workers (46%) surveyed by Pew said that companies have been unfair to them when it comes to benefits.

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The New Wave of Compensation Surveys: Addressing the Gender Pay Gap

HRsoft

For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. Yet, until very recently, surveys have not included gender. Now, at least four compensation survey firms are collecting gender data in the U.S., Radford/Aon.

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4 More Ways to Break Through In Your Employer Branding from RallyFwd

Rally Recruitment Marketing

Through focus groups, one-on-one interviews, surveys, employer reviews on Glassdoor and any other means you can think of, listen to your employees to learn what they love about working for you. automated survey at the end of an interview). Fortunately, the fix to this is simple: listen! Engagement rate of the content (i.e.

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Compensation Planning Tips: How to Perform a Salary Survey Analysis to Gauge External Competitiveness

HRsoft

Collecting data from market surveys in a critical step in any compensation planning process, but it’s how you use the data that’s most important. How to Perform a Salary Survey Analysis. After you’ve gathered salary data from at least three to four surveys, you can then begin to design salary ranges. Considerations.

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Leveraging Pay Transparency to Create Competitive Advantage in Talent Sourcing

The Staffing Stream

Pay transparency — the practice of making employee compensation figures visible to others, either internally, externally or both — is happening more than ever; in fact, laws are continuously being created to break the barriers of salary inequity. Being transparent about pay will show that you offer competitive compensation.

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Main Street Steadies as Workers Gain Confidence

Homebase

Continued wage inflation has the majority of workers satisfied with their compensation. Source: Homebase data. Source: Homebase data Wages at small businesses continued to grow in October Entertainment saw a spike coming into October but then stabilized, while total wage changes continued on an upward trend. 23); N = 666 (Apr.

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Top 10 Strategies for Sourcing Highly-Qualified IT and Engineering Candidates

Contract Recruiter

To address this challenge, we’ve compiled a list of the top 10 strategies for sourcing highly-qualified IT and engineering candidates. Employers often struggle to find the right candidates for their open roles, which can hinder their overall growth. Let’s dive in!