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Cafe Classic: FABulous Pay Improves Talent Acquisition

Compensation Cafe

Your recruiters, staffing professionals and talent acquisition stars can do the same with your compensation plans (and you can easily help them). Examples include: 1) “Our pay philosophy is to offer moderate base pay with an industry-leading potential for incentive pay.”. The best salespeople personalize every discussion.

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FABulous Pay Improves Talent Acquisition

Compensation Cafe

Your recruiters, staffing professionals and talent acquisition stars can do the same with your compensation plans (and you can easily help them). Examples include: 1) “Our pay philosophy is to offer moderate base pay with an industry-leading potential for incentive pay.”. The best salespeople personalize every discussion.

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Forget the Cash: 5 Thoughtful Ways to Reward Employees

Cornerstone On Demand

In fact, the best organizations recognize and reward employees at all levels with incentives that go beyond year-end cash awards, says Jim Greenway, executive vice president, marketing and sales effectiveness for Lee Hecht Harrison , a global career transition and outplacement organization.

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Does Discretionary = Discriminatory?

Compensation Cafe

At many companies, there is still a widespread allowance for discretion in setting pay levels, variable compensation incentives, and equity compensation awards. It allows companies to recognize great talent or performers, while at the same time allowing for potentially discriminatory practices. Discretion is a precarious thing.

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Best HR Practices for Your MedSpa Business Source

Hppy

Vetting Employees to Reduce Future TurnOver Risks Spas can be hectic, especially if you’re fully booked; you need all staff on hand at a moment’s notice. Reward performance: Recognize and praise employees for a well-done job and provide incentives, such as monetary rewards ( pay increase, bonus, gift card) to keep them motivated.

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7 Current Post-Pandemic Compensation Developments

Compensation Cafe

Companies are addressing talent acquisition challenges with better pay. CEOs are getting big bonuses, even when their entire industries have been basically shut down during the past year ( CEO Pandemic Pay: ‘Heads I Win, Tails I Win Almost as Much’ ). Businesses that have been closed are starting to get back to work.

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Dealing with Veruca Salt

Compensation Cafe

The first line of defense is talent acquisition. He has co-authored ” Everything You Do In Compensation is Communication”, “The Decision Makers Guide to Equity Compensation” , “Equity Alternatives ” and other books. It is their role to ask for as much as they can get. Connect with Dan on LinkedIn.