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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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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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7 Compensation Practices of High-Performing Organizations [New Research]

Lighthouse

Over the last few months we’ve been working on our 2023 Compensation Data and Technology Trends research that we update every two years. These practices ultimately offer a helpful set of guidelines for organizations looking to establish themselves as high performers, especially when it comes to talent management practices.

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Human Resources Director: Job Description, Skills & Salary

Analytics in HR

It covers topics like hiring and retention of employees, employment law and compliance, compensation, and benefits. This experience provides solid exposure and application of recruitment, compensation, training and development, performance management , and employee relations.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. Health and wellbeing : Ensuring the company strictly adheres to health and safety guidelines and implementing wellness initiatives so employees feel safe and healthy in their work environments.

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HR Risk Management: A Practitioner’s Guide

Analytics in HR

Compensation & benefits. HR needs to balance how to provide competitive and fair compensation packages that are in line with the market and the company’s financial interests. A robust onboarding and training program for new employees. Comprehensive policies and procedures with ongoing training. Compliance.

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Structure Sales Compensation Plans That Can Fire Up Your Employees

HR Digest

Salary and wages are simple compensation plans that let us know what to expect—a standard amount at the end of every pay cycle. Sales compensation plans take a lot more work to get right. Sometimes these are given as additional bonuses for good performance, while other times these are tied into entire salary compensation plans.