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How Knowledge Base Makes Your HR Work Smartly And Effectively

Hppy

Invest in a knowledge base system. Be it strategy formulation, policy making, training and development, hiring, managing benefits and compensation, employee satisfaction or setting safety standards, HR is the only department in an organization that enjoys access to every confidential data. Recruitment becomes hassle-free affair.

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Why Compensation Doesn’t Drive Motivation

Reflektive

But will the incentive of a higher salary or compensation bonus improve their work performance? More than 70 percent of today’s workforce are knowledge-based employees, meaning their performance is driven by their skills, attitude, and their ability to innovate and drive change. Compensation Isn’t Enough.

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Benefits of cross training employees and top considerations before you start

Business Management Daily

This greater knowledge base makes them more valuable to the organization. If skills learned in cross-training do result in additional responsibilities, perhaps during a crunch time or while waiting for a role to be filled permanently, compensate appropriately.

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What are some relocation package negotiation tips for employees?

Best Of HR

This fee is compensation companies pay for making their employees move for a position, and it’s meant to cushion you against the vagaries of a higher cost of living. This expands your knowledge-base, while giving you more negotiation power. How can I negotiate compensation? Kelli Anderson , Career Coach, Resume Seed.

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How a Strategic Project Coordinator Can Transform Your Team’s Performance

Professional Alternatives

We offer a competitive compensation package and a supportive work environment that encourages career growth. From technology to finance, healthcare to construction, Strategic Project Coordinators have the opportunity to work across different sectors, gaining a diverse skill set and expanding their knowledge base.

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3 Non-Monetary Incentives for Employees

Hppy

You can reward them with cash bonuses and other monetary compensation types. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation. Therefore, give your workers the chance to grow their knowledge base and boost their competitive advantage in the job market.

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Want a Better Culture? Set Compensation Strategy Accordingly

Compensation Today

Compensation should be a reflection of and an extension of your culture. In PayScale’s 2017 Compensation Best Practices Report (CBPR), we found that 57 percent of organizations agree that compensation is becoming more important to their executives. How Are Compensation and Culture Linked? What Should You Target First?