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Compensation Conscience

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Why Companies With High Turnover May Be Doomed

Your company’s turnover rate is defined as the number of employees who depart your organization over the course of a year. According to the 2018 …

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Understanding Total Compensation

Total Compensation Definition: It is not just an employee’s salary. While many employees think of compensation in terms of their base pay, they may also …

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The Role of Compensation Policy in a Compensation Plan

When developing a compensation plan, your compensation philosophy is the compass to guide decision-making. Meanwhile, your overall compensation strategy establishes the programs to bring the …

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The Role of Strategy in a Compensation Plan

If you are looking for compensation strategy examples, you’ve come to the right place. The following is the first in a three-part series on compensation …

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Creating a Compensation Philosophy

People are your organization’s greatest asset, contributing every day to its success. Making smart decisions about how you reward your people for their contributions is …

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Understanding the Gender Pay Gap in America

The gender pay gap is the difference between men’s and women’s median annual earnings from full-time, year-round work. Based on data from the U.S. Census …

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What’s Your Pay Philosophy for 2019?

Turning the calendar to a new year sparks reflection and resolution for many in their personal lives. But it can also be a great time …

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Guide: Calculating Turnover Costs

Download Now In recent years, turnover rates have steadily increased as a result of factors such as lower unemployment rates, skill shortages in the labor …

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White Paper: Identifying the Real Cost of Turnover

Download Now Just how much does turnover cost your organization? The answer is not always easy to pinpoint. In this white paper, we will walk …

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Iceland Wants to Close Gender Pay Gap by 2022

At the beginning of the year, Iceland made it illegal to pay men more than women – and now they’re enforcing it. The law, first …