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Why Is It So Important to Communicate Total Rewards?

HRsoft

Here are some statistics to consider: More than half (52%) of employees feel that their company does not explain pay programs effectively (source: Towers Watson Global Workforce and Global Talent Management and Rewards Study, 2014). Showing them why decisions were made will allow them to feel more valued. Illustrating Competitiveness.

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Global Trends Impact Higher Education, Business and Working Learners

Edcor

There are many global trends that impact how we live, learn and earn a living. Higher education enrollment rose from 100 million to 207 million students between 2000 and 2014. A PayScale report explains the mismatch between the skills employers expect from graduates and graduates actual preparation for work.

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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. The PayScale Index illustrates this. A stunning 1 billion dollar investment by Walmart affirms this fact.

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Link pay to performance. Like…seriously this time!

Compensation Today

Crystal Spraggins, SPHR When PayScale asked more than 5,500 business leaders the main reason their companies adjusted pay in 2015, 52 percent answered "employee performance." Supported by trained managers 5. Doing pay for performance right Again, doing pay for performance right isn’t easy, but PayScale has your back.

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6 Ways to Keep Your Best People

Zenefits

People are quitting their jobs in record numbers this year. In April 2021, the United States Bureau of Labor Statistics recorded the highest level and rate of people quitting since the agency began tracking this figure in 2000. That month, 4 million people voluntarily left their jobs, bringing the quit rate to 2.7 Loss of productivity. Think again.

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Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. It is critical to discuss the importance of health and fitness because, as the saying goes, a healthy workforce is a productive workforce. Features of Employee Engagement Tools.

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How Being a New Product Manager Is Like Becoming a Mom

Compensation Today

In recent reflection on my experience building and releasing a product, PayScale Crew , I realized that there are many parallels between becoming a new mom and starting in the role of a new product manager. I’ve been an employee at PayScale since June of 2008. In January 2014, my husband and I welcomed our son, William, to our family.