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A widening gender wage gap shows pay transparency isn’t yet working as intended

HR Brew

It’s the first statistically significant annual decrease the Census Bureau has documented since 2003. A number of factors contribute to a persistent gender wage gap in the US, including the fact that women account for most of the low-wage workforce, and are less successful when negotiating their compensation than men.

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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Distribute W-2 and 1099: Prepare and send out all necessary tax documents. Employee benefits and compensation Managing employee benefits and compensation involves multiple processes to ensure your organization stays compliant, controls costs effectively, and promotes the health and well-being of your workforce.

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California SB 1162 Signed Into Law: Takes Effect Jan. 1

Trusaic

That is – the report must document what the mean and median pay is for employees, while also accounting for their gender and race/ethnicity. . Document record keeping. The first is that it requires employers with 100 or more employees to report employee mean and median pay data for combinations of gender and race/ethnicity.

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Tips to help you streamline HR tasks

PeopleStrategy

As noted by AllBusiness , these may include scheduling and time sheets, payroll, performance management, compensation and benefits administration, and recruiting, hiring and onboarding. There are certain HR processes and tasks that your team manages on an ongoing basis.

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Leveraging contingent talent to solve workforce challenges and drive innovation

HRExecutive

This can be mitigated by requiring comprehensive documentation, including technical specs, business requirements and product summaries, so that knowledge remains within the company even after the worker departs. However, motivating contingent workers requires more than just compensation.

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This talent pro is tackling hiring challenges in the mental health services field

HR Brew

He also noted issues around compensation as healthcare roles saw skyrocketing salaries and bonuses because of the pandemic and increased expectations around pay transparency. “We I would say, from an HR stance, really the glaring topic is compensation and pay transparency.” Compensation, because it seems so volatile right now.

10KC 388
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9 Trends in Talent Management That Drive Better Retention and Growth

Hppy

Data-Driven Decision Making Collecting and examining data can uncover patterns that guide better staffing, training, and compensation decisions. Technology makes it simpler to stay connected, whether through video calls, chat apps, or shared documents.