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Unlocking compensation benchmarking: Getting started for success

Insperity

The answer: Compensation benchmarking. What is compensation benchmarking? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company. The compensation benchmarking process 1.

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How HR can give your company’s employee retention strategy a boost

Insperity

Hiring practices If you want to have talented, productive employees who remain with your workplace for the long term, it’s incredibly important that you hire the right people for the right job in the first place. This goes beyond a candidate checking all the boxes for education, experience and technical capabilities.

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Employer Brand Awards That Matter

Blu Ivy Group

It can help you: Benchmark your company’s performance and see how you stack up against other organizations. Gain a competitive edge when attracting and hiring talent (as the best people want to work for the best companies). Candidate Experience (CandE) Awards. Potential Brand Lift. The potential brand lift is pretty high.

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11 Recruiting Strategies to Help Your Business Stand Out

Payactiv

If you’ve had to dust off your “We’re Hiring!” Employers are concerned about their ability to deliver value propositions that satisfy employees and a subsequent inability to retain and recruit talent. At Payactiv, we believe that a well-considered, two-pronged hiring process is the way forward.

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So Your Candidate Experience Analytics Vendor is Merging and Combining Platforms

Survale HR

Nobody likes to hear their candidate experience analytics vendor is merging with another company that is a carbon copy of itself. What’s worse is when you start hearing about moving to a “merged solution.” And in the long term, these features are written into the chosen platform. You didn’t ask for it. Doesn’t sound pleasant.

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Pay compression: What it is and how to fight it

Insperity

Also referred to as wage or salary compression, it occurs when there’s little difference in pay between employees regardless of differences in their respective knowledge, skills, experience or abilities. This is more apt to happen if long-time employees discover that they’re receiving little more money than new hires.

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5 Ways To Help Your Employees Manage Stress

Hppy

Listen to their problems and expectations, and offer appropriate solutions. According to the Society for Human Resource Management’s (SHRM’s) new Human Capital Benchmarking Report , the average cost-per-hire is $4,129, and the average time taken to fill a position is 42 days. Offer Flexible Work Environment.

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