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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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Why Microsoft is tying performance and compensation to cybersecurity efforts

HR Brew

In March, Microsoft said part of senior leaders’ compensation would be based on how they meet “security plans and milestones” laid out in the company’s Secure Future Initiative, which aims to improve cybersecurity practices based on recent incidents. It will be considered in annual bonus and compensation decisions, Smith wrote.

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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% Despite pay transparency legislation, the gender pay gap widened in 2023 , for the first time in two decades. Big picture.

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The Informed Rewards Leader: Reevaluating Your Global Benefits Strategy for 2023+

Speaker: Sean Raible - Founder & Principal Consultant, Game Plan Total Rewards Consulting Inc.

As leaders in compensation and benefits, we must keep up with the trends that would enhance the value proposition to current and potential employees. The benefits industry is evolving. Employees are now looking for more flexibility, increased support, and extra perks outside of the traditional benefits structure.

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Unpacking two recent changes to Meta’s compensation programs

HR Brew

At the same time, though, most staffers at the tech company are seeing their equity compensation shrink, raising questions about worker morale. But even as Meta executives are receiving a potential pay bump, most employees equity-based compensation is shrinking, according to a Feb. Boosting bonuses. 20 Financial Times report.

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

Trusaic

If he does, it will take effect on January 1, 2023. . 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. .

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Rethink Total Rewards for Top Talent During Economic Uncertainty

Explore the impact of inflation and shifting economic conditions on compensation planning for 2023. Download Gallagher’s latest white paper for insights into creating a compensation strategy that is competitive, fair, and equitable to compete in today's talent market.

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Creating Benefits Flexibility Your Employees Will Value

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

In fact, the most common inquiry that total rewards experts receive from workers in all fields is how much control they should have over their compensation and benefits. Employees want more personalization. To begin answering this question, we must do a complete value assessment of total rewards.