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Cafe Classic: Rethinking Compensation Training

Compensation Cafe

Editor's Note: Is your manager training on compensation failing to get the job done? I believe that managers who talk with employees about their performance, pay and career need to be doing so in the framework of their organization's vision and values -- don't you? Make every major project a manager-development opportunity.

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3 Tips to Kick-Start Career Development in Your Company

Compensation Cafe

Even so, I don't know a company that's satisfied that they've done enough in the career development area. Somehow career development projects seem to be too time consuming to even consider. Margaret is a Board member of the Bay Area Compensation Association (BACA). What's getting in the way?

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Compensation policy template

Workable

This policy template provides a comprehensive framework for managing employee compensation. It covers all aspects of compensation, including salary ranges, bonuses, benefits, and equity. What is a compensation policy? A compensation policy is a document that outlines an organization’s approach to compensating its employees.

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Key Human Resources (HR) Pillars: Your 101 Guide

Analytics in HR

The term refers to: A function : HR as a business function involves processes and strategies for attracting, developing, and retaining talent to ensure company success. A department : The HR department manages all HR activities, including recruitment, onboarding, compensation, development, performance management, and employee relations.

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Growing a Healthy Compensation Program -- Part Two

Compensation Cafe

We'll identify some of their missteps -- common to companies their size -- then discuss what they can do to achieve healthy compensation habits. Case background: In the first article , we looked at the compensation habits of a company called Healthy Gadgets, a new medical device company that began with fewer than 100 employees.

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Top 10 Must-Haves for a Compensation Management System

HRsoft

Businesses who view compensation as a strategy are often more successful at both attracting and retaining their talent, and one of the key drivers in achieving this goal is an effective compensation management system. The landscape of compensation management has evolved significantly in recent year.

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The Employee Retention Maze: Unraveling the Challenges for HR Managers

EmployeeConnect

Inadequate Career Development Opportunities: Another significant factor contributing to turnover is the absence of clear career development paths. HR managers should work collaboratively with employees to identify career goals, provide training opportunities, and create pathways for advancement.