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The Payday Puzzle: Solving Employee Compensation and Benefits

HR Digest

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

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Types of Compensation: Everything HR Needs to Know

HR Lineup

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

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Are wages or salary fully covered by workers’ compensation insurance?

Workers' Compensation Perspectives

Marion and her employer expect workers’ compensation will cover medical costs and her lost wages but in more than half US states and most Canadian provinces, workers’ compensation will likely fall far short of her usual pre-injury weekly earnings. The Commission, chaired by John F. Burton, Jr., Burton, Jr.,

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Total compensation package examples

Higginbotham

Employee compensation includes a lot more than just the base salary or hourly wage. Bonuses and commissions can give annual earnings a significant boost, and various benefits can also have a major impact on your employees’ finances and wellbeing. Here are some total compensation package examples.

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What is pay equity? Defining the problem before it can be addressed

Business Management Daily

They earn less than men in nearly all occupations – even in Hollywood actresses earn roughly a million less per film than actors working on the same project – and women earn less than their same race and ethnicity counterparts at every level of educational attainment. A variety of legitimate factors influence employee compensation.

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What you can and can’t do when employees discuss wages

Insperity

Can your employees discuss their salaries or wages with their co-workers? The National Labor Relations Act protects employees’ rights to discuss conditions of employment, such as safety and pay even if you’re a non-union employer. Of course, discussing salaries can be problematic. Have a compensation strategy.

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Pay equity audits: Why and where to start

Business Management Daily

Census Bureau figures reveal women making about 83 cents for every dollar earned by men, and Pew Research reports that college educated black and Hispanic men earn roughly 80% the hourly wages of white college-educated men. Team members must understand compensation policies and their effects. When the U.S.

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