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A Guide to Planning Your HR Budget for 2022

Analytics in HR

Compensation and benefits. Comparing last year’s hires and the cost of employee compensation and benefits , increase your HR budget by around 3-5% to ensure you have enough in 2022. Take into account: Employee salaries Health insurance Life insurance Retirement plans Paid time off Overtime pay Bonuses Other perks.

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What Do You Do?

Compensation Cafe

Or, this might have been the year where the light went on and someone FINALLY realized that you were some sort of workers compensation attorney. Some of you might have it even worse, your job might include compensation AND benefits. Some of my esteemed Compensation Café contributors provided two-sentence descriptions of what they do.