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How Compensation Analysis Shapes Competitive Compensation Plans

Zenefits

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? Why is compensation analysis important?

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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. For example, as of 2022, employers in New York City must include a salary range for any advertised job. An April 2022 survey of 1,000 United States full-time employees by Visier found: 79% of respondents want some form of pay transparency.

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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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Deferred Compensation and Its Valuable Role in Total Employee Compensation

Zenefits

There are different ways to compensate employees for their work. Deferred compensation is another method. While many forms of pay go directly into an employee’s bank account at the close of a pay period, deferred compensation doesn’t. What is deferred compensation? What is deferred compensation?

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How to Differentiate Through Talent Acquisition In 2022

15Five

In our second HR Superstars Summit held on February 16, 2022, we held a panel called “Differentiating Through Talent Acquisition” to discuss this pressing topic. Managers should have conversations with their employees about compensation and its structure because that level of transparency creates trust.

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25 HR Blogs to Subscribe to in 2022

AIHR

Updated February 10th, 2022. But how do you know which HR blogs are worth following and subscribing to in 2022? If you’re interested in compensation and benefits , compliance, or people management, Paycor’s blog is a great resource to follow. Here are the best 25 HR blogs and newsletters right now to help you stay on the pulse.

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What You Need to Know About Providing Healthcare Benefits in 2022

Zenefits

Let’s take a look at some of the emerging trends and what you need to know about providing competitive healthcare benefits in 2022. However, spending is expected to reach pre-pandemic levels in 2022. The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Payroll Protection Program ended in 2022.