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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Their insights can guide decisions on resource allocation, compensation strategies, and more. The Overlap Between Compensation and Workforce Planning An essential aspect of workforce planning is the alignment of compensation strategies with workforce strategies.

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Why Home-Based Care Needs Regular HR Audits 

MP Wired For HR

An HR audit can evaluate the effectiveness of recruitment strategies, compensation packages, and retention programs. This translates to significant costs for companies, with estimates suggesting each turnover can cost over $3,500 [Source].

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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

When you juxtapose that with the fact that 2021 was the biggest year ever for the HR technology market in terms of investment, we just couldn’t go without sharing the biggest pieces of the last 12 months and highlighting a few of the notable 2022 transactions for their specific value. You can see their breakdown of 2022 activities here.

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57.8% of US job postings on Indeed included some compensation information in September

HR Brew

Salary transparency has been on the rise since 2019 when fewer than 25% of job postings on Indeed included any compensation information. increase from 2023, but a slowdown from 2022, when there was a 15.7% Women earned 83% of what men made, down from 84% in 2022. In September, 57.8% Big picture.

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5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022

15Five

It is notable that compensation and opportunities for growth/learning were tied for number presenting a profound opportunity for both HR and L&D professionals. . The post 5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022 appeared first on 15Five. Sign up for early access >.

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A widening gender wage gap shows pay transparency isn’t yet working as intended

HR Brew

Overall, these women earned 83% of what men earned in 2023, down from 84% in 2022. A number of factors contribute to a persistent gender wage gap in the US, including the fact that women account for most of the low-wage workforce, and are less successful when negotiating their compensation than men.

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Watch Out California Employers: SB 1162 On Track To Become Law

Trusaic

Newsom has until September 30, 2022, to sign the bill into law. Still, SB 1162 requires employers to report median and mean hourly rates within each job category and for each combination of gender race/ethnicity, strengthening the DFEH’s ability to identify pay discrimination in employer compensation systems. .