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Compensation Review: Your 11-Step Guide to a Fair and Effective Evaluation

AIHR

A compensation review process is necessary to assess how fair and competitive your compensation and benefits offerings are and to ensure you attract and retain top talent. This article discusses how to ensure a fair and effective compensation review process and how to tactfully communicate salary changes to employees.

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8 Common Compensation Issues and How To Fix Them | ClearCompany

ClearCompany HRM

Like many aspects of HR, your team is dealing with unfamiliar challenges in an already complex function — employee compensation management. From rising employee expectations to navigating new pay transparency laws, creating a solid compensation strategy is getting increasingly complicated. CompensationStrategy #HRTech 1.

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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

This list of HR Key Performance Indicators (KPIs) and metrics contains certainly enough to help you fuel your HR dashboard for the next few months if not longer. Sure, it doesn’t contain every single HR metric you could think of, but it represents some of the most important, and for most of the major HR functions. Recruitment #5.

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A Comprehensive Guide to the Compa Ratio

AIHR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. Don’t base decisions on compa-ratio alone.

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5 Ways to Promote More Gender Equity in the Workplace

Visier

Google is the latest company to come under fire for allegedly paying female employees less than their male counterparts , but the tech giant has refused to disclose compensation information to Department of Labor (DoL) investigators. Take steps to correct gender inequity, starting with your processes for hiring and promotion.

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Compensation and Benefits

AIHR

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

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The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

HR terms list Compensation & Benefits terms 1. HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” ” Learn more Compensation and Benefits Digital HR terms 11. ” 2. ” 3. ” 7.

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