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How AI Is Changing Compensation Practices

Artificial intelligence (AI) is growing rapidly, and it is notably impacting the workplace. One area undergoing major shifts is how companies structure pay for employees. …

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Salary Data Showdown: Which Source Is Best

Finding the right salary data to make smart decisions can be tricky, with so many sources out there claiming to have the most accurate data. …

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The High Cost of Losing Employees: How to Keep Your Top Talent

You know employee turnover is a problem, but do you realize just how expensive it is? Every time someone walks out that door for the …

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Is Your Salary Stuck? Fight Back Against Pay Compression

Have you ever felt like your salary isn't keeping pace with your experience and skills? You're not alone. Pay compression is a common issue that …

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Hire Top Talent: The Complete Guide to Building a Talent Acquisition Strategy

Looking to build an effective talent acquisition strategy for your company? You’ve come to the right place. This comprehensive guide will walk you through everything …

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Stay Ahead in Hiring: The Critical Role of Pay Positioning in Recruitment

How companies find and hire employees has changed a lot over time. From the early days of factories to today's digital age, recruiting methods have …

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The Basics of Pay-for-Performance: How It Works and Why It Matters

Employees stay longer and increase their productivity when they feel that their efforts are paying off. And for this reason, companies are looking for ways …

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How to Calculate Employee Turnover Rate Effectively

High employee turnover can feel like a never-ending carousel of hiring, training, and losing staff. This constant cycle drains resources and affects team morale, making …

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Is Your Pay Fair? Know Your Worth and Get What You Deserve

Have you worked hard at a job but felt you weren't getting paid enough for it? Many have experienced this at some point. Not getting …

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Conquer Compensation Budgeting: A Guide to Calculating Raises

When it comes time to calculate those annual raises, you know it can get tricky. Building an effective compensation budget that keeps your employees happy …

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Understanding Cost per Hire

When it comes to hiring new employees, most companies look at the bottom line. How much will it cost to find, recruit, and onboard new …

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The Role of Skills in Pricing Jobs

When companies hire for a new role, one of the trickiest parts is figuring out the new employee’s pay. Several factors impact employee pay —location, …

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Earning More than a Salary: Making Sense of Incentive Pay

Getting a paycheck is nice, but wouldn’t it be awesome if your employer gave you extra money on top of your salary? That’s what incentive …

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CEO Compensation: Why Do CEOs Make So Much?

You’ve probably wondered how much CEOs really make. Those headlines about massive CEO salaries and compensation packages are everywhere. But what’s the real deal when …

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Understanding Holiday Pay Laws: What Every Employee Need to Know

Holiday pay is extra compensation that employees receive for working on a holiday. Employers can also provide holiday pay for days when employees get time …

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Here’s Why Focal Reviews Are Game Changer

Performance review is essential in creating fair compensation and rewarding employees. Companies most commonly use anniversary reviews, which are conducted during the employee's hire date. …

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Exploring Compensation Through Maslow’s Hierarchy of Needs

When it comes to employee compensation, it's important to consider the different levels of human needs—physiological, safety, belongingness, esteem, and self-actualization. Psychologist Abraham Maslow outlined …

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Navigating Recruitment Challenges: How to Attract the Right Candidates Within Your Budget

Hiring the right candidates to fill job roles is not an easy task as it requires time, effort and the right strategies. During the recruitment …

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