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What Is Human Resources?

Analytics in HR

Human Resources also refers to the workforce or people employed in an organization. For example, your HR would look into hiring people who are a good culture fit for the organization so they stay longer and be more productive. Rewards include salary, perks, and benefits like health insurance, remote work, and performance-based bonuses.

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A Guide to Payscale Philosophy and Strategy With People Operations

Zenefits

In addition, as a rising number of organizations adopt remote work, there is an increased need for clear communication regarding salary negotiation, benefits packages, and incentives. Which incentives should be used to attract the talent necessary to reach desired outcomes. Clearly communicate your incentive structure to employees.

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Compensation Planning in 7 Actionable Steps

Analytics in HR

Different types of compensation include base pay, company bonuses, stock options, and benefits like insurance, pension programs, and parental leave. It also has a direct impact on your organization’s productivity. Even so, a recent study by Payscale found that less than 50% of companies have a strategic compensation plan.

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10 Employee Incentive Programs to Engage Your Team

Achievers

and lower productivity across your organization. low morale can lead to high turnover rates and low productivity, and ultimately, disengagement has a negative impact on your bottom line. Incentives give employees something to strive for and provide tangible acknowledgement of their great work.

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7 Dos and Don’ts of Communicating Total Compensation Reports

Compensation Today

As a PayScaler and a people manager, one of my all-time favorite features of our PayScale Insight product is the (newly updated!) Check out PayScale Professional Services. DON’T: Refer to personal factors when discussing someone’s compensation. Not sure which route to go? Want to go the extra mile?

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Compensation and Benefits

Analytics in HR

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses. What is compensation and benefits?

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Pay transparency: the pros, the cons, and best practices

Workable

Communications transparency refers to the openness and ease with which employees can discuss and share information about their own salaries with each other, without fear of retribution or policy violations, fostering an environment of open dialogue about compensation. Linkage’s Chief Product Officer Kristen Howe agrees.