EmployeeConnect
MARCH 15, 2023
This article will discuss the top trends in the compensation strategy in 2023 and help you understand its mechanics in detail. A compensation strategy simply refers to a holistic compensation management system, including the salary, bonuses, and benefits structure for your employees. What is a Compensation Strategy?
HRWatchdog
FEBRUARY 23, 2023
5th 159 (2023)). He was a nonexempt employee who regularly worked more than 12 hours per day and more than 40 hours per week. His compensation was calculated based on an annual Incentive Compensation Plan. Under the plan, his compensation was a combination of hourly wages and a nondiscretionary monthly bonus.
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Business Management Daily
APRIL 25, 2023
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. Read on to learn how you can satisfy the needs of modern employees without bankrupting your business in the process.
Compensation Cafe
NOVEMBER 11, 2021
We learned of the benefits of working without commutes and someone constantly watching over our shoulders. We also learned that many of us thrived in the social community that our workplace offered us. Either you worked a million hours, answered emails on the weekends, and made your job your “family” or you weren’t successful.
Heyyy HR!
JUNE 5, 2024
Bonuses/Incentives : Often linked to performance, bonuses are meant to motivate employees to achieve certain goals. Are salary negotiation conversations hard for you? Do you find yourself accepting the first offer when presented with a job offer? Are you confused about the salary for different roles?
Analytics in HR
JULY 31, 2023
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.
Zenefits
FEBRUARY 7, 2023
What do employees want in a new job in 2023? per hour in September 2022. per hour in September 2022. Wages and salaries accounted for 69%; additional benefits accounted for the remaining 31%. More pay transparency Pay transparency is going to be a factor in 2023 as pay equity continues to be in the forefront.
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