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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

As most employers are struggling to hire and reports also show that up to 40% of workers are planning to change jobs , there’s little room for error in selecting new HR technology. Still, it’s time to enlist them now to evaluate a startup’s financial viability and the risk it does or doesn’t present you your firm.

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Walking Up a Descending Escalator & Other Crazy Pay Policies

Compensation Cafe

For example: if you increase your grade midpoints 3% every year while the average employee gets a 4% pay increase, the average worker's Compa-Ratio will only improve one percent per year. Picture walking up a descending escalator. Standard remedies are few and seldom applied.

COMPAS 40
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Compensation and Benefits

Analytics in HR

This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. It is typically an annual or monthly salary or an hourly rate.

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What is Compensation Management?

HRsoft

If you are a compensation specialist, payroll specialist, HR leader, business owner or manager, in this article we will take a deep dive into the most common questions asked about compensation management and strategy. It is a critical element in talent management, as it affects recruiting, retention, and operating budgets.