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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

For example, if you are a tech company and face a number of resignations from your software developers, this would be a high business risk. Compensation also covers other financial incentives like bonuses, commissions, and annual increases. Meanwhile, involuntary attrition occurs when an organization lets go of an employee.

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High-volume hiring: How you can make it work

Workable

To overcome some of the common high-volume recruiting challenges, such as finding top talent promptly with the minimum possible cost, you need to calibrate a well-coordinated hiring process from job posting to onboarding new hires. Plan carefully and make technology your friend. Optimize candidate-facing content.

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Employee compensation – what you need to know and why

Workable

Health insurance, life insurance, disability insurance, 401k matching, stock options, employee assistance programs, profit sharing, paid time off, sick days and additional incentives could all potentially be included in an employee benefits package and would count as compensation.

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Employers’ top wins and lessons of 2021 – and what they’re planning for 2022

Workable

Technology will pave the way ahead. On the other hand, founder Eden Cheng of software company PeopleFinderFree in Singapore found hybrid to be her top challenge of 2021, due to the management challenges. “I He’s co-founder and CEO of Kickoff , a remote personal training platform based out of New York. Surviving the Big Quit.

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Creating a Workable Salary and Benefits Strategy for Your Startup

Zenefits

To give you the best shot at success, we have put together 7 tips for creating a workable salary and benefits strategy for your startup. Pay for performance and offer performance-based incentives. Lucrative performance-based incentives are an effective way to get someone with hard-to-match salary demands on board. Remember Me.

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Zup Innovation hires 40% of employees through referrals using Workable

Workable

The solution. Tracking referrals in an internal system disconnected from recruitment. Managing sensitive data manually outside a central system. One incentive for all types of referrals with hard to track payout. Tier incentives based on role, candidate and if the person has previously referred a hired employee.

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Real World Lessons in Pay Transparency

Compensation Cafe

Jamie Davis of HCR Software, one of our readers, suggested an article that she felt all of us at Compensation Cafe should be aware of. In fact, one of the benefits of pay transparency is that you aren't tempted to give prospects a windfall offer just to get them onboard, in Leah's experience. Something great happened last week.