Remove 2020 Remove Compensation Remove Payscale Remove Retention and Turnover
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Boese: 3 HR technologies that can help employers struggling to hire

HRExecutive

The second is the Job Openings and Labor Turnover Survey , better known as the “JOLTS” report. Job losses starting in spring 2020 were concentrated among the lowest earners. million net jobs lost in 2020 were held by workers in the bottom 25% of the wage distribution.

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Compensation Challenges in 2022: Brace for Turbulence

Astron Solutions

We are facing an interesting time in compensation. The events of 2020 and 2021 have left a mark on how both employers and employees view work. In this Astronology® we will review some of the factors in play with the current compensation upheaval. Navigating Compensation Challenges in 2022: Three Tips.

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Six Considerations When Evaluating Your Compensation Strategy

Tandem HR

While compensation is only one factor for recruiting and retaining talent, it is critical to your overall HR strategy. Whether initiating or updating your compensation strategy and philosophy, the following best practices may help guide your process and decisions. Analyze Turnover. Turnover rates vary significantly by industry.

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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.” Results show compensation remains the #1 driver in career opportunities across the board.

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2020 Workforce Trends- What You Need to Know!

Affinity HR Group

As we look ahead to 2020, many of the challenges our clients faced in the past year are expected to continue into the New Year and beyond. The importance of employee retention in this tight labor market cannot be over-emphasized. Knowing what’s important to them can help you structure your workplace so that it supports retention.

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Inside the Biggest Wave of Salary Increases Since 2008

Kazoo

The country’s workforce is now seeing the highest salary increase averages in 14 years as evidenced by budget increases that companies dedicate to worker compensation. Compensation has not kept pace with the rate of inflation nor the cost of goods and services. Have American employers finally put more power behind the paycheck?