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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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Unequal Pay and Unequal Opportunities: New Data On the Gender Wage Gap

Workology

A new study by Payscale adds depth to the gender wage gap discussion. They peg the current controlled wage gap at 2.7% and the uncontrolled wage gap at 25.6%. To arrive at the controlled wage gap, Payscale compared wages in identical jobs: HR Manager to HR Manager. So what does that mean?

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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

According to a study by Payscale, the gender pay gap is currently $0.82 However, because of the COVID-19 pandemic and stay-at-home policies, the report found there’s been a disruption of various female-dominated occupations and industries, so the actual disparity is skewed. cents on the dollar, closing only one cent since 2019.

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Five Tips to Win the War for Talent in 2017

TalentCulture

If you think these things are superficial, consider that 43 percent of millennials in a Met Life survey said they’d switch jobs if given more flexible hours elsewhere. What to do: To ensure you’re offering a fair wage, consider doing a market study to get a better sense of what your competitors are paying their top talent.

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14 Entry-Level HR Positions To Know (Plus How To Start in HR)

Analytics in HR

The field of HR includes a variety of focus areas, such as recruiting, talent acquisition, compensation and benefits , HR training, employment compliance, diversity, equity and inclusion , HRIS technology, and HR communications. According to the U.S. Contents How to get into HR – What are the paths to an entry-level position in HR?