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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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Cafe Classic: Rethinking Compensation Training

Compensation Cafe

Editor's Note: Is your manager training on compensation failing to get the job done? Here's a look at a few ways compensation training could become far more effective. In our world of performance management and compensation, each department or division has different employee performance and talent management demands.

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Building a Consistent and Sustainable Compensation Strategy for Your Business

MP Wired For HR

Building a Consistent and Sustainable Compensation Strategy for Your Business September 24th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn In today’s competitive job market, crafting a well-structured and sustainable compensation strategy is crucial for attracting, retaining, and motivating top talent.

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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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Compensation Dictionary

We’ve compiled a list of fundamental compensation terms and why they’re important to know. Download this eBook and you’ll be ‘comp’letely fluent in no time. Download this eBook and you’ll be ‘comp’letely fluent in no time. This ebook contains four sections: Section 1: Comp 101. Not to worry! Section 2: Market Pricing.

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Growing a Healthy Compensation Program -- Part Two

Compensation Cafe

We'll identify some of their missteps -- common to companies their size -- then discuss what they can do to achieve healthy compensation habits. Case background: In the first article , we looked at the compensation habits of a company called Healthy Gadgets, a new medical device company that began with fewer than 100 employees.

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Focus Group Check In

Compensation Cafe

A former Board member for the Bay Area Compensation Association (BACA), Margaret coauthored the popular eBook, Everything You Do (in Compensation) Is Communications, a toolkit that all practitioners can find at everythingiscommunication.com. Earlier, she was a Principal at Willis Towers Watson.

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Small Business Guide to Comp Benchmarking

Download this eBook and learn: How to choose a compensation strategy. To compete in today’s market, you must know what the market pays for certain skills so you can develop fair and competitive offers. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have.

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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.