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HR tech: The key to achieving pay equity

Bob

The gender pay gap is getting narrower, but at a glacial pace as shown by this 2024 Payscale survey. Pay transparency is the practice of openly sharing information about compensation in the pursuit of pay equity, allowing people to understand how their pay compares to others and promoting fairness in the workplace.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs.

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How to structure employee compensation

Workable

Pay structures define employee compensation for different jobs or groups of jobs. Here’s our guide on why and how to set up a pay structure: Why you need structured employee compensation. Compensation structures create a fairer and more predictable process for determining an individual’s compensation. Arbitrary figures.

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What is intersectionality in the workplace?

Ongig

“Intersectionality” was coined by civil rights activist and professor Kimberle Crenshaw as: The interconnected nature of social categorizations, such as race, class, and gender as they apply to a given individual or group, is regarded as creating overlapping and interdependent systems of discrimination or disadvantage.

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14 Entry-Level HR Positions To Know (Plus How To Start in HR)

Analytics in HR

The field of HR includes a variety of focus areas, such as recruiting, talent acquisition, compensation and benefits , HR training, employment compliance, diversity, equity and inclusion , HRIS technology, and HR communications. Bureau of Labor Statistics (BLS), there will be an additional 70,000 HR jobs by the year 2030.

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A Full Guide to Compensation and Benefits

Digital HR Tech

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits?

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Say Yes to HR Generalists—They Keep Companies Afloat

HR Digest

Some of the responsibilities of an HR generalist can include employee relations, recruitment, training, retention, administration, engagement, etc. Hiring and Recruitment A company needs employees and HR generalists ensure there are enough of them with the right qualifications for each role.