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Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. It allows companies to review their employees’ current salaries and benefits and compare them with market rates to determine whether they are fair. . What Is a Compensation Analysis? A few include: External Businesses in Similar Industries.

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Employee benefits: How to get the most out of your compensation packages

HiBob

Competitive compensation and benefits like these are fundamental to attracting and retaining top talent, meeting a team’s needs, keeping people engaged, and fostering a healthy working environment. But are all the benefits you offer serving the needs of your people? Wellness app subscriptions. Subsidized gym memberships.

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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. AI-powered programs can also find skill gaps and patterns of bias in promotion and compensation, helping to create a fair and diverse culture.

HR Trends 102
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How Voluntary Benefits Can Help with Retirement Planning

Extensis

Quick look: When it comes to employee benefits, there’s been an increased focus on long-term care. Though 401(k)s are still a large piece of the retirement planning puzzle, raising awareness about voluntary benefits has become just as essential to boost savings confidence and employee satisfaction.

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Chipotle doubles down on recruiting, retaining Gen Z with new benefits

HR Brew

23 new employee benefits , including a student debt relief program. Over 73% of Chipotle’s 110,000 US restaurant employees are Gen Z, the fast-casual chain noted in a press release. We want to provide comprehensive compensation packages that address the needs of our current and future workforce.”

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How To Create An Employee Compensation Strategy

6Q

The purpose of this blog post is to provide an overview of how to create an employee compensation strategy. We’ll cover topics such as the types of compensation, how to determine salary and wages, the role of bonuses, and more. This can be done in various ways, such as by providing benefits, pay rates, and bonuses.

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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.