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3 compensation issues topping HR’s priority list

HRExecutive

HR leaders are increasingly facing sleepless nights over rapid changes in the world of compensation—as pay transparency laws sweep the country, illuminating pay equity issues and their own need to develop data-crunching skills and savvy. The post 3 compensation issues topping HR’s priority list appeared first on HR Executive.

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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. Some experts also believe that employers must do more to ensure pay equity and parity by modifying their compensation packages and conducting internal pay equity audits, HR Brew previously reported. “HR

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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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How To Calculate Total Compensation

Zenefits

Total compensation reflects all that employees earn. Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Employers must budget for all that’s included within an employee compensation package , and they must also compose competitive offers.

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Small Business Compensation Trends for 2018

We’ve developed a special edition of PayScale’s 2018 Compensation Best Practices Report (CBPR) specifically for small businesses. Download the free small business edition to gain insights such as: Top compensation priorities and concerns for small businesses in 2018.

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Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. Companies will want to ensure that their compensation packages remain in alignment with the market — otherwise, they risk losing staff to other businesses that offer higher salaries. . What Is a Compensation Analysis?

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Tech is changing the game for compensation managers

HR Brew

Gone are the days of sifting through Excel cells or binders to audit employee compensation on a once-a-year basis. The proliferation of pay data makes HR’s role more complex, but technology has also evolved to meet the needs of today’s compensation managers. We used to get binders,” he said. “We Now, everything is electronic.”

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Compensation Dictionary

We’ve compiled a list of fundamental compensation terms and why they’re important to know. Think of this as your comp cheat sheet—terms you need to know to put you on the fast track to becoming that cool comp kid we know you can be. Sure, you’ve heard some of the terms before, but you have no idea what they mean. Not to worry!

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The 2019 Compensation Best Practices Report

Speaker: Wendy Brown, Director of Content Marketing, PayScale

According to PayScale’s latest Compensation Best Practices Report (CBPR) survey, nearly half of employers feel that the strong job market has increased their turnover rates.

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The 2019 PayScale Wage Index

No matter your industry, it's crucial that you stay up to date on the current compensation trends. The PayScale Index will let you do just that - it tracks quarterly changes in total cash compensation for full-time, private industry employees in 19 job categories. Wage growth for Q1 2019 by job categories.

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Don’t Let Inflation Hinder Your Approach to Total Rewards

Volatile economic conditions are pushing leaders to reframe their benefits and compensation strategies. How is your organization coping? The Q3 issue of Gallagher Better Works Insights has the details you need to create a sustainable total rewards program.

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Small Business Guide to Comp Benchmarking

Download this eBook and learn: How to choose a compensation strategy. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have. What comp data sources to use. How to turn market data into guidelines for pay.

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Adapting, Evolving and Staying Competitive in a Disrupted Economy

It’s clear that a more flexible and strategic approach to total compensation is required to create a better path forward. Organizational success depends on workforce wellbeing, and employee needs are varied and constantly changing.

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Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

For many employers that have launched multistate offices in the past, compensation and payroll taxes have always been top of mind.

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Compensation 101: A Beginner's Guide to Compensation Management

In a tight labor market it’s critical that you get compensation right. That’s why we created the ebook, Compensation 101: A Beginner's Guide to Compensation Management. Download this ebook and learn: The five critical elements of a comp plan. How to create a solid comp strategy. Where to select market data sources.