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Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%

HR Digest

Businesses have been aiming to draw and keep employees by raising hourly wages relative to inflation by 0.3% Nonetheless, there are still calls for higher compensation — hourly earnings after adjusting for inflation have only gone up 1.1% growth in average union wages that resulted from recent labor negotiations.

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How You can Solve the Nursing Shortage

Precheck

At the same time, many experienced registered nurses who are part of the boomer generation are retiring, further exacerbating the shortage. As older nurses reach retirement age, there are not enough new nurses entering the profession to fill these vacancies. How You can Solve the Nursing Shortage Jul.

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How To Solve the Nursing Shortage

Precheck

At the same time, many experienced registered nurses who are part of the boomer generation are retiring, further exacerbating the shortage. As older nurses reach retirement age, there are not enough new nurses entering the profession to fill these vacancies. Get Email Updates How To Solve the Nursing Shortage Jul.

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14 Compensation Philosophy Examples [+ Free Template]

Analytics in HR

In its simplest form, a compensation philosophy summarizes an organization’s guiding principles around employee salaries and benefits. Some companies do this exceptionally well, and you’ll find 14 of the best compensation philosophy examples below. Contents What is a compensation philosophy?

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May 2024 Legal Updates

ComplianceHR

May 2024 Legal Updates If you’re an existing ComplianceHR client, not only can you access these updates through the PolicySmart solution, but also robust links to learn more about each of these changes. However, if you are not a subscriber to our solutions, we are pleased to provide you with abbreviated May 2024 Legal Updates.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for.

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Guide to Hiring Employees in the Bahamas

Recruiters Lineup

Employers should be aware of the specific requirements for drafting contracts, including provisions related to working hours, wages, leave entitlements, and termination procedures. Minimum Wage and Compensation: Bahamian employment laws dictate the minimum wage rates, which are crucial considerations during the hiring process.