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Principles Underlying Compensation Strategies

A well-structured pay plan is crucial for businesses, as it attracts top talent, fosters employee satisfaction, and ensures job engagement. But it’s not just about …

by Salary.com Staff - September 18, 2024
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Improve Your Compensation Strategy with These 5 Simple Tips

When it comes to employee compensation, most companies simply wing it. They throw together a basic pay structure and call it a day. However, compensation …

by Salary.com Staff - September 18, 2024
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Employee Pay Perceptions and Why They Impact the Business

Face it—money talks. And when it comes to employee pay, perceptions speak volumes. How employees view their pay can make or break a company’s culture …

by Salary.com Staff - September 18, 2024
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Master Pareto’s Principle: The 80/20 Rule for Maximum Productivity

As the old saying goes, “Work smarter, not harder.” But what does that mean? It turns out there is a simple 80/20 rule that can …

by Salary.com Staff - September 18, 2024
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Retraining Your Workforce: The New Strategy of Recruiting

Businesses need to start thinking about how to future-proof their workforces. As modern technologies emerge and old skills become obsolete, retraining existing employees will become …

by Salary.com Staff - September 18, 2024
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Optimize Operations in 2024 Using Job Hierarchy Charts

As businesses reach the midpoint of 2024, optimizing operations is a top priority for many leaders. But where should they start? One effective tool to …

by Salary.com Staff - September 18, 2024
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Hot Off the Presses: Job Posting Trends to Predict the Future of Work

The job market can feel like a rollercoaster sometimes. One month, hiring is through the roof, and the next, it’s plunging faster than the latest …

by Salary.com Staff - September 18, 2024
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Compensation Structure: What It Is and What Models to Use

Ever wonder how companies decide what to pay their employees? It is not just pulling numbers out of a hat. There is actually an entire …

by Salary.com Staff - September 9, 2024
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Employee Engagement and Satisfaction

Employee engagement is foundational to an organization’s success. Better engagement means employees will work to see it grow. This is the ideal situation for any …

by Salary.com Staff - September 9, 2024
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The Equal Pay Act: A Historical Milestone in the Fight for Equality

The Equal Pay Act of 1963 was a game-changer for employees. After decades of rampant pay discrimination, this groundbreaking bill finally said enough is enough. …

by Salary.com Staff - September 9, 2024
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Giving Your Team the Benefits They’ll Be Grateful For

When it comes to their team, companies want the best for them. These are the people who keep the company running daily. But with so …

by Salary.com Staff - September 9, 2024
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Bias Free Descriptions

How do you ensure that your job descriptions are bias free? These descriptions are the first introduction to your company for potential recruits. To attract …

by Salary.com Staff - September 4, 2024
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Closing the Gender Pay Gap: Why Pay Equity Matters for Everyone

You know the stats, right? Women still make around 80 cents on the dollar compared to men. It’s concerning that today we’re still dealing with …

by Salary.com Staff - September 4, 2024
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Pay Equity and Transparency

Pay equity in compensation means the contribution an employee makes to an organization matches their compensation. What constitutes fair pay can be a complex issue …

by Salary.com Staff - September 4, 2024
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Diversity and Inclusion Initiatives

How to create a winning DEI strategy The talent pool available for organizations has become more diverse than ever. However, creating a truly inclusive work …

by Salary.com Staff - September 4, 2024
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Benefits Administration and Design

Employee benefits are compensation not related directly to money. For example, health insurance, or vacation time. They are crucial as they dictate the type and …

by Salary.com Staff - September 4, 2024
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Health Insurance and Wellness Programs

Health insurance is a foundational part of compensation, with key benefit types. Common benefits include basic health coverage, vision insurance, and dental insurance. Paid time …

by Salary.com Staff - September 4, 2024
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Boost Your Career: Learn Emotional Intelligence for Workplace Success

Ever feel like you’re not on the same wavelength as your coworkers? You’re not alone. Emotional intelligence is key to navigating tricky workplace dynamics, but …

by Salary.com Staff - September 4, 2024

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