Remove Compensation Remove Guidelines Remove Retirement
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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. HR teams can support these arrangements by clarifying expectations, setting realistic goals, and offering guidelines for virtual collaboration.

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Why a private equity executive wants more businesses to adopt employee stock ownership plans

HR Brew

The structure of the benefit, known as an employee stock ownership plan (ESOP), was made possible by the 1974 Employee Retirement Income Security Act (ERISA), and is often offered as a type of retirement plan. All about ESOPs. There is, of course, a potential upside for private equity firms like KKR that invest in ESOPs.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. To be assured you’re offering the right rates for your area and job opportunities, try using compensation software or tools that give insights to reasonable pay ranges for your positions.

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HR Compliance: Engagement, Efficiencies & Integrity

CCI Consulting

FLSA Audits The Fair Labor Standards Act (FLSA) serves as the foundation of wage and hour laws in the United States, establishing essential guidelines around minimum wage, overtime pay, and other quintessential aspects of labor rights. A careful review ensures employees receive fair compensation for their extra hours.

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Hiring a Compensation Consultant: 7 Steps for Nonprofits

Astron Solutions

Your nonprofit organization might find that it needs some outside guidance around compensation for any number of reasons. Lowering turnover , strengthening your recruitment strategies , and conducting custom sector surveys are all common reasons for nonprofits to hire a compensation consultant.

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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.

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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.