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Best Practices for Compensation Comparison

Zenefits

For employers, compensation comparison can feel a bit intimidating. Let’s take a look at some best practices for compensation comparison and determining compensation for employees. In this article, we’re going to discuss 5 best practices for compensation comparison and salary determination.

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Layoffs: How To Conduct Them Properly And Potentially Avoid Them Altogether

HR Tech Girl

Here I’ll take you through how you can conduct layoffs the right way, as well as how you can minimize the risk you’ll have to lay anyone off at all. How to avoid layoffs Implement better hiring practices Of course, the best way to avoid layoffs altogether is to implement better hiring practices and budget accordingly.

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Support Black Health and Wellness in Your Workplace

Extensis

And while much progress has been accomplished over the years to shine a light on the multiple facets of Black health and wellness in the workplace, we acknowledge there is still much to uncover, amplify, question, and correct. Here’s how you can increase support for Black health and wellness in your workplace starting now.

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Compensation Communications that Hit the Mark This Time

Compensation Cafe

What have data and analytics got to do with compensation communications? We'll talk about how this works in a minute, but let's start by checking out this comparison. Imagine you had to tell the Compensation Committee that the company couldn't afford one of their proposals. Think back to the earlier example.

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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Talking compensation and promotions with your employees can be a tricky business, yet many managers make these costly (and sometimes time-sensitive) people decisions based on hallway conversations and gut feel. Here are some common scenarios where data-driven cohort analysis can aid in making better decisions: Improving Compensation Reviews.

Analysis 201
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Compensation vs. Salary: Make the Difference Work for You

Zenefits

After you have selected the perfect candidate for a position, it’s time to offer the compensation package. This package commonly includes both annual compensation and annual salary. This is all relatively straightforward, but the distinctions between compensation vs. salary are meaningful for both employee and employer.

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HR Reports: The Journey and the Aftermath!

Keka HR Blog

You can undertake a detailed overview of training reports that includes course ratings, learner progress, trainer ratings, course categories, learning resources and more. Compensation reports Compensation reports are essential for calculating labor costs. You should pick your measurements well in order to achieve this.