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How to Ensure Your Pay Practices Are in Compliance With Pay Disclosure Laws

Zenefits

Pay disclosure mandates will likely gain traction in more jurisdictions, which means employers must be ready to change their compensation policies and even their recruitment practices, if necessary. In 2019, the number was 60%. Collecting data from compensation reports on pay rates in your geographic area.

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HR in 2023: Trends to Watch For

Zenefits

The Great Resignation may be waning as the flexible scheduling and compensation strategies are now helping HR professionals retain their employees. In 2022, this included: Out-of-the-box compensation. This past year saw companies like Shopify roll out novel methods for compensating their employees. How to begin.

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Employee Resource Group Toolkit: An Essential Guide

AIHR

ERGs are also gaining popularity in hiring and recruiting circles. An Indeed Harris Poll survey of 1,140 workers found that references to ERGs in job postings grew by a staggering 497% between 2019 and 2023. You can also take it further and track how ERGs impact: Staff retention and turnover Employee engagement Employee satisfaction.

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The True Costs of Employee Turnover

15Five

As of 2019, US companies were losing a staggering trillion dollars a year to turnover. Recruitment and hiring. Working with recruiters. Fair compensation. Here are some strategies organizations can use to lower their turnover, boost retention, and hang on to their best people. Posting job ads. Orientation session.

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Thinking of Switching to a 4-Day Workweek? Here’s What Other Companies Said

Zenefits

Companies need to get more creative than ever when it comes to retention strategies and creating a competitive working culture. This is especially true for organizations that can’t afford to compete with salary and total compensation packages. What people expect in today’s environment. What is the 4-day work week?

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Payroll Challenges to Overcome in 2023 and Beyond

Zenefits

Compensating diverse and distributed workforces. Employers are recognizing payroll’s role in strategic endeavors, such as employee motivation, satisfaction, and retention. A 2019 survey found that 1 in 5 employees were paid late at least once in the last year.). Compensating diverse and distributed workforces.

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13 Tried-and-Tested DEI Initiatives To Implement [in 2023]

AIHR

It’s about how people in the workplace, particularly leaders and managers, behave each day, what they say and do, what they promote, and who they recruit. Firstly, it reduces recruitment bias , which can promote a diverse culture with new perspectives, ideas, and innovation, improving employee engagement.