article thumbnail

Dry promotions: Definition, considerations, and guidelines for employers

Business Management Daily

When you increase the employee’s responsibilities and give them a higher-level job title without added pay, you are giving them a reason to leave the company in search of fair compensation and making it easier for them to find a better-paying job at a competing employer by building their resume.

article thumbnail

Everything You Need to Know About Employee Non-Compete and Non-Disclosure Agreements

Zenefits

a provider of legal staffing services, sued a former employee for breaching a non-compete agreement [ Update Inc. Soon after leaving Update, Samilow started a competing business nearby and began soliciting Update’s customers, some of whom were his former clients. Ford: No, many employers do not require non-compete agreements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Modern Compensation Strategy Best Practices

Bonusly

No matter how large or small your business is or what industry you work in, chances are, you’ve thought about how best to determine compensation for your employees—especially if you are a company or HR leader. They may need some updating to align with the compensation best practices below.

article thumbnail

Human Resources Director: Job Description, Skills & Salary

Analytics in HR

There are also online certifications you can take to develop further skills and competencies required for the role: HR Manager Certificate Program – AIHR : This online program will expand your human resource expertise to cover lean management and a deeper understanding of HR operations.

article thumbnail

Small Business Guide to Comp Benchmarking

To compete in today’s market, you must know what the market pays for certain skills so you can develop fair and competitive offers. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have. Download this eBook and learn: How to choose a compensation strategy.

article thumbnail

Advantages of Outsourcing Human Resources Shared Services

PCS

Managers and employees are able to organize HR issues using the self-service approach rather than awaiting the HR department’s guidelines. Furthermore, HR can take care of building highly-competent workforce and produce positive business outcomes. These processes are crucial to the organization’s growth strategy.

article thumbnail

How Finance Recruiters Forge Strategic Partnerships to Achieve Hiring Excellence

Professional Alternatives

Interviewing and candidate screening: With a deep understanding of the organization’s needs and culture, finance recruiters can conduct targeted interviews and screenings that assess both technical competencies and cultural fit.