Affinity HR Group

JUNE 14, 2024

But don’t relax too much – compensation is still important. In a recent Compensation Best Practices Report published by Payscale, a majority of employers reported compensation as their biggest challenge – a bigger challenge than either recruitment or retention. What Do Managers and Supervisors Need to Know about Compensation?

Compensation 52

Compensation Hiring Software Recruiting Software Payscale 52

Darwinbox

AUGUST 2, 2023

A traditional one-size-fits-all approach to compensation is becoming obsolete as organizations strive to adapt to a multitude of changes. Organizations are recognizing the need to adapt and embrace emerging trends that prioritize employee well-being, diversity, flexibility, and sustainable growth.

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Compensation Trends Diversity Strategy 75

HRsoft

JANUARY 11, 2023

Enterprise organizations have had to navigate all these challenges in recent years – is compensation management adding to your headaches? Here are 4 trends to track for 2023. Compensation management is the process of how an organization pays its employees. How do you know where to start?

Compensation 52

Compensation Trends Retention and Turnover Hiring Software 52

Zenefits

JANUARY 8, 2019

One of the main benefits of a good compensation management system is pay equity, but there are ample other benefits, like aiding in budget creation, attracting recruits, reducing turnover, and more. What is compensation management? Compensation managers are an important asset to the company’s success.

Compensation 31

Compensation Hiring Software Staffing Software HR Software 31

HRsoft

APRIL 3, 2024

In today’s competitive business landscape, companies strive to attract and retain top talent by offering competitive compensation packages. To address this challenge, businesses are turning to innovative technology solutions to streamline their compensation strategies.

Planning Tools 52

Planning Tools HR Software Compensation Strategy 52

Thrive TRM

SEPTEMBER 7, 2022

Part of the report analyzes executive compensation, which we’ll cover more in-depth in this blog. Executive Compensation Trends & Benchmarks. Our executive compensation data seems to back up the belief from our mid-year pulse survey as Q2 2022 average OTE was up 3%. Base Compensation by Function.

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Benchmarking Compensation Trends Survey 59

HRsoft

DECEMBER 7, 2023

In the realm of compensation management , off-cycle adjustments often arise as necessary measures to address unique circumstances, such as promotions, market changes, or exceptional performance. Effectively managing off-cycle compensation adjustments is crucial for maintaining employee satisfaction, motivation, and retention.

Compensation 59

Compensation Analysis Benchmarking Guidelines 59

HRsoft

MARCH 20, 2024

Compensation is one area that you can’t afford to overlook. Joe Poxson , CEO of HRSoft explains that “crafting an effective compensation strategy tailored to the specific stage of the organization is paramount. In this post, we’ll examine the steps necessary to develop a compensation strategy that will work now and in the future.

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Compensation Strategy Bonuses and Incentives How To 64

HRsoft

MAY 25, 2020

While we are reaching the mid-mark of 2020, let's review how compensation management will play as important a role as ever in attracting and retaining the best talent for your organization. Compensation Planning Survey , most organizations plan to keep their merit increase budgets the same through 2020.

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Compensation Trends Planning Tools Career Development 98

HRsoft

MAY 3, 2024

Businesses who view compensation as a strategy are often more successful at both attracting and retaining their talent, and one of the key drivers in achieving this goal is an effective compensation management system. The landscape of compensation management has evolved significantly in recent year.

Assessment Software 59

Assessment Software Planning Tools HR Software Compensation 59

HRsoft

APRIL 19, 2024

Compensation professionals face growing pressure to ensure fairness and transparency in pay practices amid changing regulations and heightened employee expectations. Traditionally, compensation processes operated in separate silos, with market pricing and compensation planning treated as distinct entities.

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Planning Tools Compensation HR Software Compliance 59

Decusoft

MARCH 27, 2023

One of the most critical aspects of this agility is having a flexible compensation planning solution. By having a flexible compensation planning solution, organizations can customize compensation packages to meet the requirements of different roles, resulting in a more versatile compensation program and increased employee satisfaction.

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Planning Tools Compensation Trends Employee Engagement 98

Embroker

NOVEMBER 1, 2022

Workers compensation insurance is mandatory for every business with employees in all states except Texas. Even though this employment trend has given you access to a much broader talent pool, it has also inflicted some complications for your legal team that must ensure your company’s compliance with state and local laws.

Compensation 94

Compensation Hiring Software Planning Tools Policies 94

6Q

JANUARY 22, 2023

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. Additionally, a good compensation plan should have a positive company culture.

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Compensation Bonuses and Incentives Strategy Retirement 105

Extensis

JANUARY 4, 2024

With insights from our internal experts, the ExtensisHR 2024 HR Trends Report reviews the top 10 developments expected to impact employers, from the rising use of artificial intelligence to the need to upskill current staff. Below, we give a bird’s eye view of each trend. Download the full 2024 HR Trends Report now.

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HR Trends HR Planning HR Software Trends 105

Payactiv

JANUARY 22, 2024

Until recently, companies viewed their compensation and rewards strategies as fairly static, in need of occasional modifications. As a result, more leaders are thinking differently about their benefits program to make way for a more nimble, real-time approach to compensation and rewards. Key Trends Shaping the Future of Pay at Work 1.

Payroll 52

Payroll Trends PayActiv HR Software 52

Extensis

MARCH 28, 2024

Keeping up-to-date with benefit trends allows brokers to differentiate between which are fleeting and which deserve a second look. Benefit and HR trends are continuously evolving, causing business leaders to increasingly seek broker advice as they refine their approach to recruiting and retention.

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Trends Planning Tools Recruiting Software HR Software 104

6Q

JUNE 26, 2022

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

Compensation 105

Compensation Strategy Hiring Software Planning Tools 105

HRsoft

JULY 10, 2023

In today’s dynamic business landscape, companies face numerous challenges in managing compensation effectively. From rapidly evolving market demands to the complexities of diverse workforces, organizations often find themselves caught in a whirlwind of compensation chaos.

Recruiting Software 52

Recruiting Software Planning Tools Compensation Hiring Software 52

6Q

JUNE 26, 2022

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

Compensation 98

Compensation Strategy Hiring Software Planning Tools 98

EmployeeConnect

MARCH 6, 2024

This blog explores the problem of high turnover rates and the multifaceted challenge of retaining valuable employees. Uncompetitive Compensation and Benefits: Salary and benefits packages are critical components of employee satisfaction. One persistent challenge stands out as a formidable hurdle for HR managers: employee retention.

Retention and Turnover 264

Retention and Turnover HR Software Bonuses and Incentives Career Development 264

HR Brew

MARCH 21, 2024

Despite these positive trends, occupational segregation is likely to hinder progress toward closing the racial wage gap entirely, said Chris Martin, a labor research economist with Syndio. Smallest-ever gap. Takeaways for HR. Look at employees that have stayed through the pandemic through the past three years.

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HR Software Software Analysis Compensation 357

Analytics in HR

FEBRUARY 9, 2022

One of the best ways that HR professionals can stay on top of emerging trends, keep up with best practices, and embrace digitization is by reading well-researched content published on today’s leading HR blogs. But how do you know which HR blogs are worth following and subscribing to in 2022? Updated February 10th, 2022.

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HR Software Hiring Software Recruiting Software Interview Software 103

WEX Inc.

MAY 8, 2023

HDHP financial opportunities One of the trends we’ve noticed is that HDHP participation is strongest with individuals in their mid-20s to early 30s. The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts.

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Trends Retirement Comparison Compensation 97

Decusoft

MARCH 4, 2021

Annual incentive compensation programs represent an enormous opportunity for motivating employees and executives to do their best work. In this blog post, we discuss annual incentive compensation including recent trends, policy changes among shareholder advisory groups, and challenges compensation committees face.

Compensation 98

Compensation Bonuses and Incentives Metrics Planning Tools 98

Mercer

OCTOBER 23, 2017

Employee compensation comes in many forms. While salaries are generally the most recognized, employers must also consider other aspects in their compensation planning. Read on for the latest trends. The post Employee Compensation The Latest Trends appeared first on Mercer PeoplePro Blog.

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Compensation Trends Resources 54

Decusoft

APRIL 13, 2021

What is Total Compensation? The total compensation package is an employee’s base compensation, also known as their base salary, plus the value of the benefits package they receive. The best strategy for executive total compensation is unique to every business. Trends in Total Compensation Management.

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Compensation Hiring Software Planning Tools Assessment Software 105

HRsoft

MAY 20, 2019

Some interesting enterprise compensation management trends are therefore emerging as employers aim to keep up with these changes. It’s therefore no surprise that this is the top factor influencing compensation decisions today. The post 3 Enterprise Compensation Management Trends to Watch For appeared first on HRsoft.

Compensation 74

Compensation Trends Planning Tools Recruiting Software 74

HRsoft

JANUARY 14, 2020

As we look ahead to 2020, compensation management will play as important a role as ever in attracting and retaining the best talent for your organization. Thus, the question stands: What lies ahead for compensation in 2020? Compensation goes far beyond salary alone. Navigating Stagnant Merit Increase Budgets.

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Compensation Trends Planning Tools Career Development 64

HRsoft

AUGUST 31, 2023

During this conversation, you will learn about how your organization can leverage compensation strategies and softwares to achieve success. Emerging Trends: We dissected the latest compensation management trends intertwined with pay for performance and pay transparency.

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Compensation Strategy Trends Metrics 59

Affinity HR Group

DECEMBER 15, 2023

A new year means new employment laws, trends, and challenges. Here are some of the important trends we are following as we enter 2024. Experts expect these trends to continue into 2024 with more stability coming to the workforce and economy. The DOL proposed an increase to $1,059 per week, annualized to $55,068 per year.

Trends 52

Trends Hiring Software Compensation Planning Tools 52

Vantage Circle

MAY 15, 2024

We're going to lay out all the latest trends and best practices for 2024 to help you build an innovative, future-proof appreciation strategy that works for your unique workforce. Here are SIX groundbreaking employee recognition trends that will fuel passion and productivity in your workforce. Let's dive in!

Employee Recognition 52

Employee Recognition Trends Retention and Turnover Hiring Software 52

Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. Compensation benefits research is necessary to ensure fair working conditions and helps improve employee retention plans. What Are The Benefits of Compensation Analysis ?

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Analysis Compensation HR Planning Bonuses and Incentives 96

Decusoft

FEBRUARY 28, 2023

Digital transformation has the potential to revolutionize the compensation process for organizations, streamlining the process and making it more efficient, accurate, and transparent. Let’s discuss how digital transformation can benefit compensation processes and streamline the compensation process for organizations.

Compensation 52

Compensation HR Software Compliance Analytics 52

ExactHire

NOVEMBER 2, 2023

Human Resources (HR) is no exception to this trend. In this blog, we will delve into how HR Analytics can transform your company’s human resources function. By leveraging this data, HR professionals can gain insights, identify trends, and make predictions. It has emerged as a pivotal aspect of strategic HR management.

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Analytics HR Software Hiring Software Retention and Turnover 130

Blu Ivy Group

JANUARY 26, 2022

Every year, we take a look at our top-performing blog posts of the year. This year, our top posts offer a concise overview of the field’s most pressing considerations: How can I stay abreast of trends? Global Employer Brand Trends of 2021. The trends of 2021 are already extending into 2022.

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Employer Branding Talent Experience Recruitment Marketing Talent Acquisition 52

Decusoft

MARCH 24, 2022

Compensation remains one of the top priorities for candidates when choosing a potential employer. Over the past two years, compensation and rewards have come under the public spotlight like never before, especially with the introduction of legislation aimed at improving pay transparency and equity. What’s the Solution?

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Compensation Aptitude Tests Hiring Software Assessment Software 98