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5 Things Every CEO Needs to Know About HR

HR Daily Advisor

In the past century, Human Resources has evolved from “Welfare Officer” and “Labor Manager” to the modern HR role, often known as “Chief People Officer” or “VP of People.” Having a solid HR or “People” team in place is imperative for any business once you reach approximately 50 employees.

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Will Compensation Remain Stagnant or Grow for 2015?

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger The latest PayScale Index data indicates a dismal 0.4 The Society for Human Resource Management (SHRM) predicted a year ago that there would be a 3 percent increase in compensation for 2015, based on workforce data at that time. Are Wages Keeping Up with Job Growth?

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Link pay to performance. Like…seriously this time!

Compensation Today

Crystal Spraggins, SPHR When PayScale asked more than 5,500 business leaders the main reason their companies adjusted pay in 2015, 52 percent answered "employee performance." What will a successful plan look like? Doing pay for performance right Again, doing pay for performance right isn’t easy, but PayScale has your back.

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6 Ways to Keep Your Best People

Zenefits

Legal or HR issues associated with the departure. HR experts identify2 types of respect: owed respect and earned respect. In 2014, Forbes raised eyebrows when they reported that workers who stay in their jobs for longer than 2 years will earn 50% less over their lifetimes than workers who change jobs frequently.

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Using Compensation Planning to Improve Engagement & Retention

HRsoft

One such strategy is effective compensation planning. How Can Compensation Planning Help Improve Engagement & Retention? Why I s Compensation Planning A Relevant Retention Strategy? There are three steps to leveraging compensation planning to increase employee engagement and retention. Reward for Retention.

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How to Attract and Retain Talent in a Job-Hopping Market

Eightfold

Indeed, a New York Fed report shows that lower-income workers are job-hopping at rates not seen since 2014. By 2014, the number had climbed to more than four and a half years. . For instance, roles should still offer employers a clear view of the employee as a professional, Gina Belli at Payscale says.

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Why Is It So Important to Communicate Total Rewards?

HRsoft

Here are some statistics to consider: More than half (52%) of employees feel that their company does not explain pay programs effectively (source: Towers Watson Global Workforce and Global Talent Management and Rewards Study, 2014). For more information on our Total Rewards Software, REWARDview, click the button below!