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Tech is changing the game for compensation managers

HR Brew

Gone are the days of sifting through Excel cells or binders to audit employee compensation on a once-a-year basis. The proliferation of pay data makes HR’s role more complex, but technology has also evolved to meet the needs of today’s compensation managers. We used to get binders,” he said. “We Now, everything is electronic.”

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How To Calculate Total Compensation

Zenefits

Total compensation reflects all that employees earn. Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Employers must budget for all that’s included within an employee compensation package , and they must also compose competitive offers.

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New Report Finds Private Attorneys General Act Is Too Slow to Resolve Claims, Too Little Compensation Goes to Workers

HRWatchdog

A new report by former heads of California’s labor and occupational safety agencies found that employee labor claims filed under California’s lawsuit-first Private Attorneys General Act (PAGA) take twice as long to resolve and provide workers only one-third of the compensation compared to employment claims reviewed by state regulators.

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Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. Companies will want to ensure that their compensation packages remain in alignment with the market — otherwise, they risk losing staff to other businesses that offer higher salaries. . What Is a Compensation Analysis?

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Creating Benefits Flexibility Your Employees Will Value

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

In fact, the most common inquiry that total rewards experts receive from workers in all fields is how much control they should have over their compensation and benefits. To begin answering this question, we must do a complete value assessment of total rewards.

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What Does a Competitive Compensation Plan Look Like Today?

Atrium

If you are asking yourself “what’s a competitive compensation package in today’s market?” AtriumAsks: “What’s Competitive Compensation in Today’s Market?” A competitive compensation plan has always been a large driver of a prospective employees motivators.

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Compensation Intersects with Management Recruiting

Compensation Cafe

One of the multiple hats I wear as a Compensation Consultant is working with executives in transition, helping prepare them for the employment offer so eagerly sought. The first two participants in this internal triumvirate have well-known roles to play. Compensation : Thumbs up or thumbs down? What Compensation Does.

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How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Setting pay ranges and grades can give you a competitive advantage in an ever-changing market by enabling clear job progression as well as competitive pay. Join PayScale’s compensation experts as they show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges.

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People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

Through analytics you can make better decisions about all aspects of HR strategy, including which candidates to hire, which employees are doing well, who's receiving adequate compensation and how employee retention can be improved. Establish effective training and career development paths for all employees.