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Trends and Best Practices

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Compensation Ratios for HR – Explained!

How competitive are your company’s salaries? How fair is pay among your workforce? A quick way to identify potential problem spots is with compensation ratios. …

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Stop a Red Circle Rate From Ruining Your Salary Ranges

The term “red circle rate” is used to describe an employee whose pay is above their position’s maximum rate. Conversely, a “green circle rate” is …

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What is a Merit Matrix?

A merit matrix, also known as a merit increase matrix or salary increase matrix, is a mathematical grid that compensation professionals provide to help company …

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The Magic Formula to Calculate Turnover Rate

Are you looking to calculate annual turnover rate for your company? It’s easier than you think once you know the annual turnover rate formula. In …

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Calculating Prorated Bonuses and 13th Month Bonuses

There are several reasons why you may wish to prorate an employee’s bonus – that’s is, pay them just a portion of the total amount …

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Sample Compensation Plan Administrative Guidelines

Download this Sample Compensation Plan white paper to see how the different stages of the compensation planning process come together in your comp plan. https://www2.salary.com/l/250572/2020-12-08/2m4jzgj

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Hot Jobs in Tech Reflect Current Economic Trends

The United States has been enjoying a long stretch of economic growth, with unemployment rates of hitting a record low of 3.7% last year. Though …

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Creating a Compensation Plan

Let’s explore how the key components of the compensation and total rewards planning process come together to create a comprehensive compensation plan for your organization. …

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How to Keep Flight Risk Employees Grounded

Employees are the most valuable asset at any company. Employees create and sell the company’s service or product, manage customer interactions, create company culture, and …

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Addressing Problems with Minimum Wage

From the time it was introduced in 1938, the U.S. minimum wage has sparked controversy. Is minimum wage a federal issue? Should minimum wage be …

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5 Hiring Trends Your Organization Should Consider

In the modern war for talent, the best candidates are off the market in an average of 8 days. While industry type, brand reputation, job …

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Bridging the Gap in Healthcare IT A Holy Spirit Health System Testimonial

Healthcare providers started using electronic health records (EHR) in 2015. Due to government incentives, companies kept using EHR systems to their advantage. Holy Spirit Health …

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A Look Back at Summer HR & Compensation Trends

Businesses are considering human resources and compensation trends as they plan their operations. Let's review HR and compensation trends to see what companies should watch …

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War for Talent: Recruiting Resources to Deliver the Right Offer

In the War for Talent, you need to offer a fair, competitive salary to hire top candidates. Delivering the right offer is a meticulous process, …

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Compensation Trends: What was Everyone Talking About?

It's fascinating to look back at the leading compensation trends and events in HR and compensation in years' past. Last month's hot topics included H-1B …

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June Compensation Trends 2018: What’s Everyone Talking About?

Thank you for checking out the sixth edition of the “compensation corral” - a monthly round-up summarizing 10 topically relevant articles in the space. This …

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Our Top 5 Recommended SHRM18 Sessions

This year’s SHRM Annual Conference & Exposition is around the corner, and we are just counting down the days. Held June 17-20 in Chicago, SHRM …

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Is HR Losing Influence on the C-Suite?

Is HR Losing Influence on the C-Suite? HR leaders can regain their influence with senior executives by transforming HR into a data-driven, proactive function that …

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