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A Guide to Planning Your HR Budget for 2022

Analytics in HR

Take into account: Employee salaries Health insurance Life insurance Retirement plans Paid time off Overtime pay Bonuses Other perks. Consider other ways to boost incentives and recognition for your best workers when planning the budget for this category of expenses. Diversity, equity, and inclusion. How do you prepare an HR budget?

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What Do You Do?

Compensation Cafe

They may need help on problems with salaries, bonuses or a certain benefit. The primary role of a comp professional is to ensure the right mix of rewards to attract, retain and motivate people to execute its business strategy. I work with companies on their employee pay/compensation issues.