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3 Tips to Design a Transparent Non-profit Compensation Strategy

Compensation Today

Jessica Miller-Merrell, blogging4jobs PayScale reports that a more transparent compensation policy can support the recruitment and retention of employees at many non-profit organizations, especially in a growing multi-generational environment. It’s great to see organizations hiring again as we bounce back from the recession, but this increased competition for talent means nonprofits have to start thinking more strategically about their compensation budgets.

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Beyond Compensation: How to REALLY Motivate Employees

Compensation Today

Jessica Miller-Merrell, blogging4jobs Although we know compensation is the number one reason people leave companies, pay isn’t the only factor in employee engagement. It won’t pull the best out of them, but without that foundation of adequate compensation, there’s not an effective way to build a motivation strategy. Pay meets the basic need, but what comes next? The truth is, there’s a science to motivation that really works and it’s backed by proven research and psychology.

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ICYMI: What Went Down on the First Day of Convergence 2015

Cornerstone On Demand

— Kristen Casalenuovo (@elearninghustle) May 13, 2015. — Sarah Brennan (@ImSoSarah) May 12, 2015. We also announced Cornerstone Insights yesterday, a predictive analytics tool, and several partners and clients shared how they're already mining data insights to improve recruitment, performance, retention and compensation. — Future Knowledge (@FutureKnowledge) May 12, 2015. — Sean Clifford (@HCM_Chicago) May 12, 2015.

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Top 3 Compensation Considerations for Employers

ClearCompany HRM

Payroll is commonly the highest business expense, and compensation is far from being a cut and dry number. Compensation There are so many factors that go into calculating the actual cost of each and every employee. So, that $30,000 salary might be more in the realm of $44,000+ in total costs to the organization. As the highest and most impactful expense in business, it’s vital for leaders to have a true understanding of the real price tag on your workforce.

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5 Steps For Compensation Across Generations

ClearCompany HRM

As such, compensating the college grad and the executive, and everyone in between means taking on few different steps in the process. Here’s how to distribute employee compensation fairly across the board: Culture EmploymentPeople of all ages and from all generations spend their days working. From the very beginning stages of a career to the golden days nearing retirement, (most) people work for a living. They may work the same, but they’re at different steps in their lives.

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Trends in Employee Recognition 2015

Something Different

Benefits Compensation compensation hr human resources recognition total rewards<www.csc.com> Rose Stanley, CCP and Practice Leader for World at Work provides highlights from a recent survey highlighting trends in employee recognition programs. Happy Friday, Rory.

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Not Too Late to Learn About Employment Law Updates for 2015

HRWatchdog

Mandatory paid sick leave, for example, is a real game changer that will significantly affect the day-to-day operations and policies of California businesses in 2015. Our legislative presence at the State Capitol means you can always trust CalChamber for the most current information and interpretation of new 2015 laws for California employers. Webinar: 2015 Employment Law Updates. Date: Thursday, January 29, 2015. Compensation Time Off

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What Are #HR Analysts and Why Should You Pay Attention To Them

HR Bartender

The difference is the depth of the research, the speed of content delivery and where the author’s compensation ultimately comes from. What do you see as the top issue facing human resources in 2015? Trish] I see real workforce planning and management strategy as the top issue facing HR leaders in 2015. As a blogger, I’ve been fortunate to participate in events that I would not normally have attended when I was an HR Generalist.

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Seasonal Hiring Steady for 2015 Holiday Season, but is Pay Spiraling Downward?

Compensation Today

They surveyed more than 1,000 US employers to highlight 2015 seasonal hiring trends, including: 82 percent of hiring managers were planning to hire seasonal workers for this holiday season Average expected pay or holiday employees is $15.37 Employers who offer seasonal jobs are hiring the same amount of people, but they are reducing weekly work hours (from 25 hours/week in 2014 to 23 hours/week in 2015). Tess C.

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Top Five Reasons to Attend Oracle HCM World 2015

Oracle HCM - Modern HR in the Cloud

Oracle HCM World provides value to HR practitioners at all levels, including professionals in recruiting/staffing, learning and development, compensation and benefits, and anyone interested in modernizing their business practices.

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Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test

HR Bartender

As you know, on July 6, 2015, the U.S. The dollars to defend the litigation have to come from somewhere so a potential adverse consequence of a major change in this area is that employers may need to reserve for litigation money that had been reserved for its employees in terms of compensation and benefits. Here’s what #HR needs to know about the proposed 2015 overtime rule changes Click To Tweet.

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The 2015 WorkHuman Fellowship Essay Contest

WorkHuman

We are excited to announce the WorkHuman 2015 Fellowship and Essay Contest. Three essay writers from North American universities will be chosen as our WorkHuman Fellows, and flown to WorkHuman 2015 to live-blog the event. ENTER TO WIN A WORKHUMAN 2015 FELLOWSHIP. Essay Contest Deadline: May 20, 2015. We will choose three essay contest winners to join us from June 8-10 at WorkHuman 2015 in Orlando, as our WorkHuman 2015 Fellows. ET on May 20, 2015.

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The Difference Between Being a Generalist and a Strategic HRBP

Something Different

Be it recruiting, employee relations, workforce planning, guidance of labor law and compliance, compensation review, performance management, training and development or any other number of responsibilities that fall under their umbrella, Generalists are very good at executing on the items currently on their people agenda.

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Employee Compensation Challenges: Determining What to Offer

UpstartHR

Recently I asked for some help in preparing for a local session on employee compensation challenges. I would encourage companies to avoid using free, unverified tools like salary.com for building compensation structures. In addition, I discuss the importance of having an overarching compensation strategy to drive decisions from a high level. Employee compensation challenges video. Is this an employee compensation issue that you face? Video Benefits Compensatio

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HR Compensation Challenges: Getting Managers On Board

UpstartHR

Recently I asked for some help in preparing for a local session on HR compensation challenges. The second most cited HR compensation challenge faced is how to keep managers in line and/or get managers on board with decisions. A few ideas: Do you have a written compensation policy or process? Also, it helps to explain the structure/process because not all managers understand how compensation “works.” Is this an employee compensation issue that you face?

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Proposed 2015 DOL Overtime Rule Change: What #HR Needs to Know

HR Bartender

On July 6, 2015, the U.S. Why should employers care about the proposed changes to highly compensated employees (HCE)? Jonathan] It is important to remember the highly compensated employee is not a separate exemption. Instead, if an employee is a highly compensated employee, under the current regulations, it is easier for him or her to meet the primary duty test. Currently, the minimum salary for a highly compensated employee is $100,000 / year.

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Can Companies Truly Offer the Work Flexibility that Employees Crave?

The People Equation

Programs such as Flex-Time, Telecommuting, Paid time off for community service and Sabbaticals were all offered more frequently in 2015 than in 2014. This year, Spherion’s “ Emerging Workforce Study ” was conducted between March and April of 2015 by Harris Poll, a Nielsen company. As part of this program, I received compensation for my time.

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Using Deferred Compensation to Pay for Performance

Something Different

managers today 1 , so instead I wanted to share this great WorldatWork video focusing on the benefits and drawbacks of using deferred compensation to pay for performance. Compensation hr human resources<abstracta.us> …So I don’t quite have the energy to finish up part II of my article on great 1. The past two days have been all-time exhausting.

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At What Age Are Millennials Ready to Lead?

The People Equation

A whopping 75% of employers surveyed in 2015 believe that younger workers lack the “business and life experience required for leadership positions.” This year, Spherion’s “ Emerging Workforce Study ” was conducted between March and April of 2015 by Harris Poll, a Nielsen company. As part of this program, I received compensation for my time.

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I’ve Had Six Great Bosses in Four Years – Here’s What I’ve Learned From Each One (Part 1)

Something Different

As I was in a rotational program, six(ish) months into my career I had the opportunity to transition into a role as a Global Compensation Analyst. It was really good work that stoked a passion for the compensation function within HR that I have to this day. …The Compensation function also doubled as a ‘reports’ function within HR. <www.forbes.com> …So I’m relatively early in my HR career.

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Social Recruiting – It’s Time to Get on Board

The People Equation

According to career site Glassdoor’s 2015 Statistical Reference Guide for Talent Acquisition Professionals, a whopping 90% of Fortune 500 companies’ career sites don’t have mobile-friendly designs. This year, Spherion’s “ Emerging Workforce Study ” was conducted between March and April of 2015 by Harris Poll, a Nielsen company. As part of this program, I received compensation for my time.

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4 Key Skills Employees Need for the Workplace of the Future

The People Equation

This year, Spherion’s “ Emerging Workforce Study ” was conducted between March and April of 2015 by Harris Poll, a Nielsen company. As part of this program, I received compensation for my time. I’m a sponsored blog partner with Spherion (a staffing and recruiting organization) and am participating in the release of findings from Spherion’s Emerging Workforce Study. All opinions are mine. What are the top skills that the employee of the future needs?

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Compensable working time : FLSA :: Disability : Pre-2009 ADA

Ohio Employer's Law

It goes like this: Compensable working time : FLSA :: Disability : Pre-2009 ADA What does this mean (and how dare I make you think about your SATs for the first time in forever)? Here is my prediction: At some point Congress will step in and fix the meaning of compensable work. I believe Congress will do the same with the definition of compensable working time under the FLSA.

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Compensation Cafe: Influencer Networks

RecognizeThis!

Click over to my post on Compensation Cafe to read more about these powerful networks, including how to find them, prepare them, and use them to best advantage to achieve the change you need. Culture Management Culture of Appreciation Social Recognition change change agents change management compensation cafe employee recognition by Derek Irvine. Recognize This! — The most powerful agents for change in your organization are your hidden influencers.

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Indirect Compensation

New to HR

While compensation exists to pay a person for their time, the benefits of doing their job, namely the financial ones, will be what attracts them and motivates them to do well for your company. What is Indirect Compensation? Indirect compensation is the name given to the more casual term " employee benefits ". The Advantages of Indirect Compensation. The post Indirect Compensation appeared first on New To HR. How to Attract, Recognise and Retain Workers.?

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Turbocharge Your HR Impact in 2015: Follow These 5 Clear Cut Steps

Visier

When I think of HR’s role in 2015, the turbocharger comes to mind. A strong talent function increases the power of a business engine — and 2015 is going to see extreme operating conditions for organizations worldwide. And if the impacts of the recent oil price crash are any indication, 2015 is going to be one heck of a roller-coaster ride. But if you follow the 5 steps in this post, you can cut through the competing priorities in 2015 and gain clarity.

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Compensation Cafe: 6-Hour Work Day?

RecognizeThis!

I shared more in my post on today on Compensation Cafe , discussing companies who have achieved the six-hour workday by eliminating busy work, reducing distractions, and making sure the most important work gets done first. (Of by Derek Irvine. Recognize This! — We can achieve more efficient, effective work days by eliminating the busy, mundane and unnecessary. It seems we’ve been promised shorter work days due to ever more efficient systems and technologies for decades.

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Employee Compensation–What is Your Biggest Frustration?

UpstartHR

The post Employee Compensation–What is Your Biggest Frustration? I’m doing a short, two question survey to help me prepare for a presentation I’m doing in February. If you take 2 minutes to respond I’ll send you a copy of the slides and a video discussing the topic. Click here to complete the 2-question survey. appeared first on upstartHR. General Research

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Compensation Cafe: Fair Pay, Differentiated Rewards

RecognizeThis!

I intentionally stirred the compensation and recognition pot in my last post on Compensation Cafe. Performance Management Strategic Recognition & Company Values compensation compensation cafe meric increase merit budgets recognition rewards by Derek Irvine. Recognize This! — Differentiating recognition and rewards for top performers is critical while still allowing for all to participate in the opportunity to be recognized for work well done.

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Compensation Cafe: Power of Positivity at Work

RecognizeThis!

This week on Compensation Cafe I shared research out of the University of Michigan on how “positive practices benefit the company.” Click over to the Compensation Cafe post for the full picture… and be inspired, too. (A A reminder to join me at WorkHuman 2015 in Orlando, FL, June 9-10, to learn more about the power of thanks, positivity and connections at work and in all aspects of life. by Derek Irvine. Recognize This!

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Compensation Planning Automation

HRsoft

Compensation planning plays a pivotal role in ensuring that your employees remain motivated to work for your company. Your best performers are always looking for the next best company where their talents can be better recognized and compensated for. A good compensation plan not only rewards them adequately for their performance, but also lets them know that your organization is the best place for them to continue shining. Traditional Compensation Planning.

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Compensation Cafe: Millennials on the Market

RecognizeThis!

” Yesterday on Compensation Cafe , I shared a recent study from the Federal Reserve Bank of New York (reported in the Washington Post), that shows how much you earn in the first 10 years of your career is a primary factor in determining your lifetime earnings. Are we compensating them commensurate with their increasing duties? by Derek Irvine. Recognize This! — Career advancement can be perceived as only possible by changing organizations.

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Compensation Cafe: An Argument for Unfair Pay

RecognizeThis!

Laszlo Bock, legendary SVP of people operations at Google, advocates for it as part of his “10 things to transform your team and your workplace,” which was my topic of discussion earlier this week on Compensation Cafe. On Compensation Cafe, I also draw attention to another tip that takes first place on Mr. Bock’s list – “Give your work meaning.” by Derek Irvine. Recognize This!

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Ready, Set, Go, Go, Go!!!

Compensation Cafe

Like every company back to the Cro-Magnon period, they are starting out by looking at compensation. You've got to start somewhere and insight into compensation provides the newbie with a staffing study, organizational chart, large portion of operating budget and so on. If everything we do in compensation is communication, what does the first paycheck say to these employees who you are relying on to get up to speed and deliver fast?

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Key Findings from the CareerArc and INTOO 2015 Workplace Flexibility Study

Intoo USA

CareerArc and Intoo’s 2015 Workplace Flexibility Study reveals the types of workplace benefits organizations invest in and how these programs influence job seekers and employee retention. Employees care most about compensation yet employers think otherwise.

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7 Workplace Realities About Negotiating Salaries With HR

TLNT: The Business of HR

HR Insights Recruiting and Staffing Best practices Compensation hiring HR communications HR management Recruiting recruiting & staffing talent managementI think we all know that one person in our life that thinks they get the best deal on everything! They consider themselves the ultra-negotiator, the person salespeople hate to see coming!

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Will Compensation Remain Stagnant or Grow for 2015?

Compensation Today

percent growth year over year as of the third quarter of 2015. The question remains, will compensation increases remain slow to no-go for the remaining quarter of the year? The Society for Human Resource Management (SHRM) predicted a year ago that there would be a 3 percent increase in compensation for 2015, based on workforce data at that time. per hour on wages and benefits for each of their workers in March [2015]”. Tess C.