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Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Written by Sheu Quen • 4 minute read • September 25, 2024 Are your employees satisfied with their compensation, or are they looking elsewhere for better offers? That’s where a competitive compensation package comes in. Our article explores the vital role that well-designed compensation packages play in retaining talent.

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10 Helpful Tips: Writing Effective Job Descriptions for Technical Roles

Ongig

Consult the team lead or hiring manager to learn about the daily duties, challenges, and technical expertise required. In a report by CompTia , tech occupation employment is expected to grow at about twice the rate (2x) of overall employment across the US in the next 10 years. Heres how: 1. Heres how: 1.

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Wages, inflation and the 2024 election: An important message for HR leaders

HRExecutive

I was pretty sure I would find, when I looked into this, that the story was less about inflation and more about wages not keeping up with rising prices. That is, real wages and purchasing power were down. The measure reports weekly earnings, which includes the effect of overtime, on the one hand, and short hours on the other.

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Walmart US CPO talks business, collaboration, and why she doesn’t get up at 5am

HR Brew

Everybody here knows that,” she said, adding, “I understand how to manage my energy, and I had to learn that.” Everybody here knows that,” she said, adding, “I understand how to manage my energy, and I had to learn that.” And so you learn a lot from being exposed.” After 10 hours of meetings, the day’s not over.

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4 Labor and Employment Law Changes to Keep an Eye On In 2015

Insperity

Right now, the Patient Protection and Affordable Care Act (PPACA) —also known as health care reform—is probably your number one concern when it comes to complying with new government regulations in 2015. times their regular pay rate for hours worked in excess of 40 hours per week. An increase in federal minimum wage.

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How Serious are OFCCP Equal Pay Penalties? Very.

Trusaic

A News Release dated June 22, 2020, described the order, which requires WMS Solutions, LLC to pay $960,905 in back wages, damages, and interest based on discrimination and harassment claims. As a condition of receipt of federal funds, contractors may be subject to an OFCCP audit, including a compensation analysis.

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Unforgettable Lessons Learned from Wage and Hour Lawsuits

FingerCheck

2015 was another historic year for federal wage and hour lawsuits, and it’s predicted that 2016 will be no different. Since wage and hour litigation is booming, we were compelled to turn the magnifying glass on some of the most recent and prolific wage and hour lawsuits to learn from their lessons.