Remove 2021 Remove Accounts Remove Compensation Remove Recruitment
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How to Evaluate Your Compensation Plan

Zenefits

Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. That means a regular review of your compensation package should be a top priority. Is it time to evaluate your company’s compensation package? Total compensation.

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Is an Open Compensation Policy a Good Idea?

Zenefits

To increase trust and improve transparency, some companies adopt an open compensation policy. Here are a few of the big advantages that come with an open compensation policy. For example, AAUW reported in 2021, women still made only 83% of what men earn. Consider your company culture before you introduce open compensation.

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How To Avoid A Recruiting Non-Compliance Lawsuit: Hiring Compliance 101

Zenefits

Most recruiting-based lawsuits deal with discrimination cases, with the average defense expense through settlement costing $160,000. Recruiting compliance 101: Regulators and laws. To do this, it helps to use the federal laws as a guide when planning your recruiting process. More federal laws impacting recruiting and hiring.

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Expanding the Pie to Drive Alignment Around Inclusion Efforts: 3 Tactics

UVA Darden

Corporations made commitments — through words, actions, and resources — to recruit, retain and foster cultures where racial and gender minorities could thrive. For instance, consider recruiting, where a DEIB goal is to increase female and underrepresented minority job candidates for engineering positions.

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10+ Employee Retention Strategies for 2023 to Keep Your Top Talent

AIHR

Cost savings – replacing an employee can cost between one-third to double their annual salary when you account for recruitment, hiring and training, which can quickly become expensive. Start in the attraction and hiring phase Employee retention begins during the attraction and recruitment stages.

Retention 101
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What Are Some of the Best Careers in HR?

Zenefits

HR focuses on several specialty areas: Recruiting and staffing, including writing job descriptions, placing ads on job boards, evaluating applicant resumes, scheduling interviews, and making an offer of employment. As of May 2021, the Bureau of Labor Statistics (BLS) reported that the median annual salary for an HR specialist was $62,290.

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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. While 2021 saw over 47 million people quit in the Great Resignation , 2022 had mass layoffs , especially in tech. In 2022, this included: Out-of-the-box compensation.