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5 PEO services you might not know exist

Insperity

Did you know that a PEO may offer compensation services, beyond salary surveys? Compensation philosophy/strategy – Developing a compensation structure that brings together the various elements of compensation, such as base salary, short- and long-term incentives, compliance, market competitiveness, internal alignment and affordability.

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Hiring in the ‘career consumer’ era: 3 rules

Insperity

See salary information for many jobs. Be true to your company’s mission, vision and values and be transparent, and your employee promise will emerge authentically. These career consumer candidates are empowered in their search for the best-fit employer. Read reviews about virtually any company. Apply for a new role in seconds.

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Setting up new starters for success: secrets for better employee onboarding

cipHR

We also know that the cost of having to rehire someone leaves is high – up to 20% of a role’s salary. . You should have open and honest conversations about salary expectations and working hours, for example, from the very start of the recruitment process. Key milestones and risks in the onboarding phase . A typical first week .

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Creating a compensation philosophy and policy document

Insperity

It can also help you ensure alignment with equal pay laws and with your company’s vision and values around pay equity. Pay policies based on a written philosophy can also streamline budgeting for salaries, bonuses and raises, which is especially helpful during times of fast growth or in more challenging situations.

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How to conduct a compensation and benefits review

Higginbotham

In one example, CNBC says that Macy’s is raising its minimum wage to $15 per hour and adding an education program that covers 100 percent of tuition, books and fees. You will need to gather information on the employee benefits and salary you’re currently offering. Health insurance. Retirement plans.

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Top recruiting mistakes you want to avoid

Insperity

Describe your company’s mission, vision, core values and culture. Include a salary range, if possible. You want your company’s online presence to reflect the company’s mission, vision and values – and at a minimum project an image of professionalism and legitimacy. Highlight desirable benefits and other unique workplace perks.

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15 Employee Benefit Examples from Great Companies

Empuls

Additionally, Netflix provides a highly competitive compensation package that includes generous salaries, bonuses, and stock options. They also provide comprehensive health insurance plans, including medical, dental, and vision coverage, as well as retirement savings plans with employer matching contributions.