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In a volatile and uncertain labor environment, it is important to make decisions based on facts and backed up by …
We saw the first confirmed cases of COVID-19 in the US back in late January and lockdowns became widespread by …
The pandemic has changed the content and meaning of every job in the economy. Job descriptions are the way we document and mange those change.
Ensuring employees stay engaged and motivated can be tough. Some workers may lose interest, especially when it comes to performance-related pay. But there is a …
Pay compression is a problem that often sneaks up on companies. Over time, new hires come in at higher salaries, while long-term employees’ pay stagnates. …
Finding the right work-life balance can be challenging, especially when it feels like there are not enough hours in the day. However, with some creative …
It is no secret that compensation is one of the biggest expenses for any company. And let us be honest: who does not want to …
Technology is everywhere. Even in skill-based strategy, technology plays a vital role. But it doesn’t solve everything, especially for companies using skills-based hiring. While tech …
When it comes to establishing fair and competitive pay, job evaluation plays a crucial role. While it may seem complex, breaking down the process into …
Paying your employees is a major cost for your company, and handling it correctly is crucial for various reasons. Compensation management software offers significant benefits …
Implementing a skill-based strategy takes dedication and planning to get it right. But for companies willing to make the investment, it can really pay off …
When it comes to paying employees, few things cause as much confusion as overtime pay. The Fair Labor Standards Act (FLSA) creates guidelines for paying …
Do you know that feeling when you learn some new skills and competencies that make you more valuable at work, but your paycheck doesn’t reflect …
The benefits that diversity, equity, inclusion and belonging (DEIB) bring to an organization are significant. But like so many things that are good for us, …
Today’s businesses always need to be adaptable and produce new ideas quickly to stay ahead. One important part of a company that often gets neglected …
Organizations are facing new challenges when it comes to paying their employees. Economic uncertainty, the rise of remote work, and the phenomenon of “quiet quitting” …
Companies today need employees with innovative skills to stay competitive. But how can they reward and compensate employees for engaging in continuous skill development? It …
Have you wondered why you earn less than your male coworkers in Europe? You are not alone. The gender pay gap is real, and it …
Payroll can get complicated fast, especially when it comes time to record all those journal entries. For someone new to payroll accounting, the idea of …
When the clock strikes midnight, does the paycheck get bigger? For other employees pulling the graveyard shift, the answer is yes. Shift differential pay gives …
Providing bonuses and incentives are the best way to boost morale and productivity. But they can be tricky to implement effectively. This article covers the …