Remove 2020 Remove Benchmarking Remove Payscale Remove Retention and Turnover
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Six Considerations When Evaluating Your Compensation Strategy

Tandem HR

Analyze Turnover. Analyzing turnover can identify potential compensation misalignment in specific departments, positions, or the whole organization. Turnover rates vary significantly by industry. turnover rate was 44.3% Benchmark Jobs to Market. According to the Bureau of Labor and Statistics, the average U.S.

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6 Reasons Why Salary is the #1 Lever to Attract Talent [+ keep them!]

Ongig

A Fairygodboss study on How 2020 Changed the Job Search Landscape shows: “60% of men and 52% of women viewed financial benefits as the most important factor when looking for and evaluating potential employers and job opportunities.” Be sure to conduct regular salary benchmarking by evaluating your company’s pay standards.