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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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Sterling Talent Solutions Receives Stevie Awards for Customer Service and Global Sales Teams

Sterling Check

We are very proud to announce that Sterling Talent Solutions was recently awarded a Gold Stevie Award for Global Sales Team for the second year in a row and the Bronze Stevie Award for Customer Service Department of the Year-All Other Industries. Sterling Talent Solutions’ Global Sales Team.

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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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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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Modern Compensation Strategy Best Practices

Bonusly

Increasing wages to draw in talented new staff is one thing. If possible, you should aim for your benchmark or average total compensation (including salary, equity, benefits, and perks) to be “above market”— meaning at or greater than the 50th percentile of compensation for jobs and levels at similar companies in similar locations.

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Improving the open enrollment process: Part 1

PeopleStrategy

Surveys and polls are easy to send out and take a few minutes to complete, and they can provide invaluable insight to help you fine-tune your processes to deliver what your talent wants. If you are still using manual processes to manage open enrollment, consider moving online to provide a better experience across the organization.

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5 Ways To Help Your Employees Manage Stress

Hppy

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. Many employees get stressed and experience burnout quickly. Offer Flexible Work Environment.

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