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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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Leveraging Data Analytics for Strategic Workforce Planning

EmployeeConnect

By analysing historical hiring patterns, turnover rates, and industry trends, HR systems can provide predictive insights that help organisations anticipate workforce demands. One of the most powerful applications of HR analytics in workforce planning is predicting future talent needs.

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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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The Big Quit: Who’s Leaving and Where Are They Going?

Visier

Which industries are hit hardest by the Big Quit? They’re leaving because the market is so inflated that compensation in job offers are in the 90th percentile when the median is usually 50-75%.” The industries most at risk, they say, are those in retail, closely followed by professional and business services.

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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. Industry wage growth for Q1 2019.

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The Role of Relocation in Mitigating Healthcare Staffing Gaps

UrbanBound HR

According to the most recent jobs report , the healthcare industry is currently grappling with two job openings for every new hire. For example, last year, only 62% of new physician job offers included relocation assistance, according to a recent physician compensation study. When you offer a relocation program, you stand apart.

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5 Ways a Staffing Agency Can Transform Your Hiring Process

Hppy

Staffing agencies maintain extensive databases of qualified professionals across a range of industries and job functions. Expertise in Market and Industry Trends A staffing agency brings valuable expertise to the table, including in-depth knowledge of the job market, industry-specific trends, and evolving candidate expectations.

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Applied AI in Talent

As the Fourth Industrial Revolution unites the digital and physical worlds to offer entirely new ways to gather and use information, it will require a new approach from leadership to build the workforce for the digital age. Implementing a rewards and recognition program that strategically compensates the key tech talent you need.

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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.

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