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The Ripple Effect of a Pay Strategy Change

Compensation Today

PayScale was there for The Elevate Summit , BambooHR’s first ever user conference, and we know many of you were too. One particularly special session for us was “The Ripple Effect of a Pay Strategy Change,” in which PayScale CPO Dave Smith presented with Justin Gagnon, CEO of our customer, Choicelunch. It was time for a bold move.

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What Is Human Resources?

Analytics in HR

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. In this view, HR recognizes that employees are a company’s most critical asset. Human Resources is both a function and a department within an organization.

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Unequal Pay and Unequal Opportunities: New Data On the Gender Wage Gap

Workology

A new study by Payscale adds depth to the gender wage gap discussion. They peg the current controlled wage gap at 2.7% and the uncontrolled wage gap at 25.6%. To arrive at the controlled wage gap, Payscale compared wages in identical jobs: HR Manager to HR Manager. So what does that mean?

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Compensation and Benefits

Analytics in HR

At the same time, compensation, benefits, and related taxes can account for up to 70% of business costs , highlighting the importance of getting comp & ben right at your company. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

According to a study by Payscale, the gender pay gap is currently $0.82 Payscale found a racial wage gap showing that women of all races and ethnic groups earn less than white men. Payscale found a racial wage gap showing that women of all races and ethnic groups earn less than white men. Women earn $0.69

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How to Advance Your Career in HR

HR Digest

They manage employee relations, recruit new employees, train them, and provide benefits. There are plenty of entry-level positions available, and you can start working at a company immediately after graduation. Most companies offer free snacks and beverages during breaks, which helps keep workers happy and healthy. Job Outlook

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Five Tips to Win the War for Talent in 2017

TalentCulture

In other words, the companies that offer the best employee value will attract not only those who are out of work but the best of the best who are seeking greener pastures but not necessarily in a rush to jump ship. In fact, a recent report found that 63 percent of workers rank training programs as one of the top drivers of culture.