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A Guide to Compensation Analysis

Analytics in HR

Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. The purpose of this guide is to provide a basic understanding of compensation analysis and its associated benefits.

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PTO: Boost Employee Engagement & Performance

Primalogik

Short for paid time off, it compensates employees during an absence from work. Sometimes it is a certain percentage of an employee’s hourly (or daily) compensation). Some companies allow employees to “buy and sell” PTO, notes Glassdoor. In exchange for selling PTO, employees receive extra compensation.

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Rules of Employee Engagement: How to Win the War Against Employee Attrition

Empuls

In this war of talent being played out on the global business stage, Gartner's Global Talent Monitor report and Mc Kinsey's Great Attrition report suggest that 💡 27% of global employees are actively looking to change their jobs. Today, there is a marked paradigm shift in how employees live, work, and earn.

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Conduct a Pay Equity Analysis This Equal Pay Day

Trusaic

Without a comprehensive understanding of the pay systems in their organizations, business leaders cannot accurately make decisions concerning issues such as risk management, recruitment, retention, and employee engagement. . Many organizations, such as Starbucks , Apple , Salesforce , Intel , and Adobe are working to achieve equal pay.

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Why are job descriptions important?

Ongig

Plus, it boosts employee engagement and morale. Examples: Adobe lists specific daily duties (“What You’ll Do”) in their Renewals Account Manager JD: Drive and close renewal opportunities in the Strategic Commercial Enterprise space for our Enterprise Term License Agreement (ETLA) program.

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10 Fantastic Employee Perks and Where to Find Them - DecisionWise

DecisionWise

As more millennials look for companies that actively engage in the community and social causes, volunteerism is becoming a more popular employee perk. And Adobe is following suit by giving employees $250 to donate for every 10 hours of volunteer work. The employee promises to do the work required by the company.

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11 Real-Life Human Resources Examples

Analytics in HR

In a nutshell, human resources is an organization’s critical, strategic function that manages all things employee-related. From finding and hiring new talent, providing training and development opportunities, to ensuring compliance with labor laws and managing compensation and benefits. HR’s importance is undeniable.