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Your HR budget: 6 line items to prioritize right now

Insperity

These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely. In a tight labor market, salary increases are simply a savvy move to remain competitive and combat turnover.

Salary 101
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PLANNING AND STRATEGIC DECISIONS ABOUT RECRUITING

HR Management Activities

The decisions that are made about recruiting help dictate not only the kinds and numbers of applicants, but also how difficult or successful recruiting efforts may be. Figure shows an overview of these recruiting decisions. Recruiting Decisions Recruiting externally can infuse the organization with new ideas.

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Pay transparency: What you should know

Insperity

This can include identifying salary ranges in job postings, providing the pay scale for an employee’s position upon request or implementing formal policies around internal pay transparency within the organization. The information to be shared also varies – from providing salary ranges to sharing detailed compensation data.

Salary 83
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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 97
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5 PEO services you might not know exist

Insperity

You probably know that a professional employer organization (PEO) can help you with benefits and payroll. Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. Did you know that a PEO may offer compensation services, beyond salary surveys?

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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 82
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8 HR KPIs to measure in a post-pandemic workplace

Insperity

Recruitment costs. For that reason, employers limited their recruiting activities to their local, immediate area. Remote work has opened up the possibilities of recruiting top talent without regard for location – an exciting turn of events that has drastically broadened the pool of applicants. Employee productivity.