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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.
Have you ever wondered why living expenses keep rising? From housing to food, everything seems more costly nowadays. But what’s the difference between the cost …
Getting a sudden windfall of cash sounds amazing, right? However, it is not always as simple as it seems. Retroactive pay can disrupt financial planning …
When it comes to compensation, pay market matters. Defining the pay market goes beyond just geography to include factors like industry and company size. As …
When it comes to driving business growth, most companies focus their efforts on sales, marketing, and product development. But there is an often overlooked area …
A good compensation package plays a vital role in attracting skilled workers. However, managing compensation for everyone can be challenging without good tools. That’s where …
HR teams can save time and focus more on employees by using special software programs. This software not only aids HR but helps other employees …
It’s no secret that compensation is a hot topic these days. With rising prices, workers are closely monitoring their paychecks to ensure they meet their …
Have you ever wondered how companies decide how much to pay employees? As an HR professional, you know compensation is complex. Market rates influence pay, …
Business trips are full of opportunities, but they can be tricky to manage. There is a lot to organize: booking hotels, arranging flights, and planning …
Companies often encounter compensation chaos and confusion. With so many pay factors at play, it is no wonder that managers struggle to set fair and …
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 …