Remove Benchmarking Remove Compensation Remove Retention and Turnover Remove Workable
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Employee compensation – what you need to know and why

Workable

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

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

Ongig

LinkedIn research shows 61% of applicants highlight compensation as the #1 part of a job description. Workable’s “Great Discontent” survey of 750 U.S.-based Results show compensation remains the #1 driver in career opportunities across the board. Market pay drives employee retention.

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How Leading Manufacturing Organizations Attract, Engage, and Retain Employees

Empuls

They’re marketing them via career sites and social media to highlight the advanced technologies, competitive compensation, strong company culture, and how they’re putting safety and local communities first, etc. Offer opportunities for growth Manufacturing again has the image of having a lack of growth.

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Pay transparency: the pros, the cons, and best practices

Workable

Pay transparency – or salary transparency – is a setup in a company (or industry) where companies provide information on pay and compensation to employees. Try Workable's HR software You can hire with Workable, and you can also onboard and manage your new employees all within the same platform without messy integrations.

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The 7 best HR analytics software options for today’s workforce

Business Management Daily

After doing a little digging, you discover that most of your turnover occurs during the first 3 months of employment, so you need to take an in-depth look at your onboarding process. They’ll also provide actionable insights into your employee experience, engagement levels, retention rates, onboarding, recruitment, and employee performance.

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What is human capital management – and how do you strategize it?

Workable

Find out with Workable, the world's leading ATS. Compensation and benefits What you’re looking to do here: Offer enticing and fair compensation and benefits packages to attract and keep employees. Compensation and benefits play a vital role in HCM, as they help attract and retain top talent. Try our ATS 2.

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How to Measure Quality of Hire to Drive Business Results

Analytics in HR

Retention rate: percent of employees retained over a defined period. Turnover rate: the ratio of separations against the total workforce. You want to have enough candidates to compare to make the right choice unless you hire for that position frequently enough to have a good benchmark. Performance: measurable result.

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