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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

What’s most exciting for us is that many of these companies that are succeeding and shaking up the industry are also winners in the HR Tech Awards program (now accepting 2023 submissions), a clear indication that the judges in our program see significant value in what these firms are bringing to the market for their clients. The Bottom Line.

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Why HR leaders view unions more positively than executives overall

HR Brew

But recent data from Payscale suggests HR has a more positive view of unions than executive leadership overall. John Frehse, a senior managing director at consulting firm Ankura, wasn’t surprised to see HR leaders were perceived as being more favorable toward unions in the Payscale survey. Why HR views unions positively.

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Chief Talent Officer: Everything To Know About This Role

AIHR

Meanwhile, on Payscale , the average annual salary of chief talent officers in Chicago is $185,850, while their New York HR specialist colleagues receive $207,009 annually. That would be an estimated $10,509/month (or $2,425/week or $ 60.63 Annual salaries range from as low as $25,000 to as high as $223,000.

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Job Outlook for Human Resources (HR) in 2023

AIHR

Key takeaways Current landscape and role of HR: 2023 insights: High employee turnover and economic challenges; 74% of US employees considering job changes. The post Job Outlook for Human Resources (HR) in 2023 appeared first on AIHR. Career path: HR encompasses diverse roles from talent management to organizational development.

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5 Ways Compensation Practices Harm Your Employees and Company

Betterworks

In fact, according to 2023 research by Payscale, 35% of companies say pay is the No. On the surface, this seems logical to both employees and employers. The war for talent remains real despite a soft economy and the rise of AI. 1 reason why they lose […]

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Salary increase projections for 2024: What the numbers say

HRExecutive

After record-high pay raises in 2023 , today’s tight talent market appears to be primed to continue driving employee compensation even higher next year—a reality that puts added pressure on HR and compensation professionals to get their salary budgets right. on average in the U.S., on average in the U.S., While the 3.8%

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The great AI-in-HR balancing act: Finding your organization’s way

HRExecutive

” In 2023, companies eagerly built or integrated large language models (LLMs), fueled by promises of exponential benefits and a competitive edge, she wrote. According to Payscale’s Compensation Best Practices Report , the current use of AI in HR is limited.