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Compensation Package: A Guide For HR

Digital HR Tech

As an HR professional, you must be strategic in order to attract the right talent and retain employees. How is a total compensation package tied to HR strategy? For example, a new department director role was created as a result of new technology. Across most industries, the competition for talent is tough.

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Ultimate HR Calendar 2023: Key Dates (+How To Celebrate Them)

Vantage Circle

As an HR professional, starting the new year by finding, curating, and planning for the upcoming events in the coming months is a not-so-fun start. The Comprehensive 2023 HR Calendar That Needs To Be Pinned Up. If the numbers are really bad, it means that the culture needs a major overhaul, and you should plan accordingly.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Extrinsic rewards are a type of incentive that motivates people by rewarding them with something tangible — such as praise, fame, or money — for achieving a specific goal. The incentives must be extraordinary in order to spur your team's competitive nature to finish a task that requires extra effort or has a short deadline.

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How (and why) to develop employee career paths

Insperity

Without the old-fashioned ladder structure to guide you, career pathing requires a holistic approach and careful planning. What makes a career plan different from employee development? How do you plan career paths? How do you talk to employees about career paths? How do you set expectations?

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Cafe Classic: Can You Spell D E B U N K?

Compensation Cafe

Editor's Note: We in HR and compensation are as susceptible to fads as our counterparts in other disciplines. That's the term that gets drop kicked when leadership is casting aspersions on HR. That's the term that gets drop kicked when leadership is casting aspersions on HR. Flavor of the month. Ledford, Jr.

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Growing a Healthy Compensation Program

Compensation Cafe

If you're an HR office of one, busily juggling everything from beneficiary forms to incentive awards, it's hard to believe that you share any pressures with other HR managers. and you can go home many more weekends feeling confident that you're an effective HR leader. HR doesn't have a budget for salary surveys.

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Get employee engagement right to improve retention

Business Management Daily

But while this idea seems simple enough in theory, great employee engagement takes planning and hard work. A survey in 2020 found that only a third of employees plan to stay in their current jobs—a massive dip from nearly 50 percent the year prior, which has some human resources departments scratching their heads.