Insperity

FEBRUARY 22, 2018

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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Salary Commissions Education Human Resources 111

Business Management Daily

JUNE 6, 2022

Some top brass there thinks offering a base salary noticeably above that posted in the job descriptions of competitors is the ticket to attracting top performers. They worry such a measure will leave insufficient funds to give raises to existing workers, which would lower employee engagement and jeopardize retention.

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Salary Human Resources Retirement Plan Health Insurance 52

Higginbotham

DECEMBER 30, 2021

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. To stay competitive in the talent war, employers may need to conduct a compensation and benefits review. If you need help with your employee benefits, contact us.

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Benefits Package Disability Insurance Insurance Parental Leave 52

Vantage Circle

SEPTEMBER 8, 2021

What is Compensation Planning? Compensation planning is the process of defining and implementing the strategies that will be used to attract, motivate, and retain talent. It typically involves salary, bonuses , benefits, and other types of compensation. Compensation planning is an aspect of talent management.

Salary 52

Salary Health Overtime Employee Compensation 52

Empuls

OCTOBER 17, 2022

Unfortunately, when a company does lose a good employee, it is incredibly costly in terms of money and time. A departing employee can cost a company 1.5 - 2 times the employee’s salary. When a dependable employee leaves, it can mean the loss of customer relationships, reliable talent, and workplace innovation.

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Employee Loyalty Bonuses Paid Sick Leave Paid Vacation 52

Vantage Circle

JUNE 16, 2023

Are there any active mentorship programs available to the employees? Compensation and Benefits Benefits are vital for attracting and keeping top talent, improving employee satisfaction, and overall well-being. Do you feel that there are enough opportunities for performance-based bonuses or incentives?

Employee Recognition 105

Employee Recognition Bonuses Construction Food 105

Higginbotham

APRIL 5, 2022

That’s risky when you consider that poorly trained employees are prone to making costly mistakes, or when they jump ship out of frustration, it can cost more than that employee’s salary to bring a replacement on board. Compensation. Employees want to feel that they fit the company mission. Payroll Processing.

Human Resources 52

Human Resources Payroll Taxes Software 52

HR Digest

NOVEMBER 9, 2023

Employees who believe they are paid fairly are more willing to give back to the organization and retain their position there. Those who feel unfairly compensated move on. Apollo Technical reports that 39 percent of those considering job changes are motivated by higher salaries. Gender is not the only discriminating divide.

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Compensation System Family and Medical Leave Act Salary Parental Leave 52

Business Management Daily

FEBRUARY 21, 2023

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.

IT 64

IT Salary Education Bonuses 64

Business Management Daily

MARCH 1, 2023

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. The employer always knows the actual composition of its workforce and how salaries compare.

Salary 52

Salary Human Resources Education Overtime 52