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The Ripple Effect of a Pay Strategy Change

Compensation Today

PayScale was there for The Elevate Summit , BambooHR’s first ever user conference, and we know many of you were too. One particularly special session for us was “The Ripple Effect of a Pay Strategy Change,” in which PayScale CPO Dave Smith presented with Justin Gagnon, CEO of our customer, Choicelunch. It was time for a bold move.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

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Compensation and Benefits

Analytics in HR

For example, perks like bonuses, stock options, 401k matches, pension plans, paid time off , and even free lunches are all attractive to different people and make up an essential part of the compensation and benefits package. Overall compensation is the top factor that job seekers consider when accepting a new job.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

It fuels productivity, efficiency and financial performance even while it helps attract and retain a diverse workforce. But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Women earn $0.69 The Causes

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5 Metrics for Remote Workers You Should Track

Fond

As many businesses have switched to remote working models in the wake of the COVID-19 pandemic, it has become clear that many methods of measuring employee performance and productivity are no longer applicable. Work Time/Overtime Hours. One metric for remote employees is keeping track of overtime and hours worked.

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How to Turn Pay Secrecy Obstacles Into Pay Transparency Opportunities

ExactHire

Just as recently, I learned about the passage of a new employment law in the state of Massachusetts that bans employers from inquiring about an applicant’s salary history prior to offering the individual a job. I’ve been thinking about the impact of snap decisions a lot lately. Essentially, gut counts for something.

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Walmart $1 Billion Investment Reaffirms Importance of Total Compensation

Compensation Today

By Tess Taylor, PayScale Senior Blogger and Mykkah Herner, PayScale Director of Compensation Everywhere you turn, there’s more news about big companies like Target, McDonald’s and TJ Maxx raising the minimum wage. But as any savvy professional knows, wages are only a piece of the total compensation puzzle.