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How to Improve Retention: 10 Strategies to Support Employees and Reduce Turnover

15Five

MIT’s Sloan School of Management found that a toxic company culture was ten times more likely to contribute to turnover than compensation. Offer competitive compensation and benefits Competitive pay and benefits are table stakes when it comes to retaining top talent today. Employees who feel like they belong are more likely to stay.

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Comp in 2018: Some Raises, But Bonuses Will Be More Common

TLNT: The Business of HR

At PayScale, we analyze what matters when determining pay, from education to industry to skills to management responsibilities. Consistently, at the top of the list of these factors is location. This year, we decided to map out how location affects pay across the whole of the United States – and how things changed in 2017.

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Top 16 Compensation Blog Posts from ’16

Compensation Today

At PayScale we’ve had a fun year keeping you all up to date with the haps. PayScale counts down the top 16 blog posts from 2016! Have you wondered what types of non-cash alternatives companies are using to compensate employees? It also gives a few non-cash compensation options for you to explore. #15: Click To Tweet. #16:

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2018 Compensation Budgeting Forecast Part 3: Trends in Non-Profit Compensation

Astron Solutions

The world of non-profit compensation continues to see radical changes from the past. Previously, it was assumed that non-profits, due to the limitations placed on their abilities to generate revenue, were in the position of compensating their employees much below the market. Trend #2: Compensation Philosophy Statements.

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2019 Compensation Best Practices Report

2018 was a record-year of job growth. Whatever the reason, with everything from compensation to company outlook to key corporate values being shared online, it's easier than ever for workers to research and evaluate employers. Where organizations are setting compensation budgets. percent year over year. And more!

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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. Corporate compensation departments have long been told by corporate legal departments that gender data (as well as age and ethnicity data) should not be provided in compensation surveys.

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Maslow’s Hierarchy of Candidate Needs (for Job Ads)

Ongig

Some tips: Compensation — Mention comp. in your job ad or at least point to salary ranges from third-parties (Glassdoor, Payscale, etc.). Let’s start at the bottom of the pyramid. Here we need to meet a candidate’s basic needs (security & survival). apply rate with zero benefits to 22.5%

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Communicating Pay to Employees

Speaker: Rusty Lindquist, VP Strategic HR Insights at Bamboo HR

A study conducted by PayScale revealed that employees’ perceptions of how they are paid are a better predictor of their intent to stay than their actual fair pay to the market. How you can train your managers to have useful compensation conversations. November 8, 2018 10:00 AM PST, 1:00 PM EST, 5:00 PM GMT.