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A Guide to Compensation Analysis

AIHR

Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. The purpose of this guide is to provide a basic understanding of compensation analysis and its associated benefits.

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Top 10 Compensation Courses & Certifications in 2024

HR Lineup

In the ever-evolving world of business, compensation professionals play a crucial role in ensuring employees are fairly and competitively rewarded. A well-structured compensation strategy enhances employee satisfaction and drives business success. Key Features: In-depth modules on compensation management fundamentals.

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Managers Make or Break Your Culture of Career Mobility

Degreed

A growing body of research suggests that compared to internal hiring, career mobility structures, or upskilling, hiring external candidates requires more compensation , takes longer , and carries more risk. These managers boost employee performance by up to 26% and more than triple the likelihood that their employees will be high performers.

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Cafe Classic: To Innovate in Rewards, Get Outside the Rewards Profession

Compensation Cafe

There appears to be general agreement among reward professionals that the compensation approaches and protocols which have dominated practice for the last few decades are more than ripe for reinvention. And he highlights a number of research studies that support his claim. Ouch, right? at least as it exists in our own field?

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Performance and rewards in the future of work

HRExecutive

Mercer’s 2019 Global Performance Management Study found that only 2% of leaders believe their performance process delivers high value, only a half have goals at the business-unit level and fewer than 3% believe they have excellent feedback practices.

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Top 50 Problems with Performance Appraisals by Dr John Sullivan

Synergita

Disconnected from rewards — in too many organizations, getting a merit raise, bonus, or promotion is completely disconnected from an employee’s performance appraisal scores. When there is a weak link, employees and managers are not likely to take the process seriously. This can result in discrimination issues.

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Money doesn’t motivate: Why employees need more than just a paycheck

Achievers

by Andrea Vearncombe, Total Rewards Manager, Achievers. Most people agree that fair compensation is a requirement for employee engagement and job satisfaction, but it only meets the bare minimum. Why do your employees show up at work every morning?