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Salary Benchmarking: The Key to Attract and Retain Top Employees

Vantage Circle

You can establish what a ‘competitive’ salary is through a process called ‘salary benchmarking’ Let’s take a look at what salary benchmarking is and how you can use it to bring the best of the best to your business. What is Salary Benchmarking? How to do Salary Benchmarking 1.

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Growth Benchmarks Are (Mostly) Useless

Brian Balfour

Most growth communities, forums, and email lists will inevitably have that thread that goes: “Hey, what are the benchmarks everyone’s seeing for X?” I constantly find people seeking out benchmarks or pointing to benchmarks, and we’ve all been there -- who doesn’t want some normalizing data to understand whether we’re on track or not?

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5 Steps To Implementing A Successful 4-Day Workweek Trial

Chief Executive

Monthly employee surveys, 1:1 interviews, productivity dashboards and tracking customer service response times are a few ways to benchmark your goals. Hold yourself accountable for taking Fridays off or schedule messages to go out on Monday. Take a hard look at your company culture and make adjustments accordingly.

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The Ultimate Guide to Elevating Employee Engagement Index

Vantage Circle

By examining key benchmarks, let’s examine what constitutes a “good” index score versus poor engagement. While there is no definitive benchmark, research shows that an employee engagement score above 70 percent indicates employees are reasonably engaged, on average. Now, which survey questions to include?

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How to Evaluate Your Compensation Plan

Zenefits

Benefits and other programs beyond wages account for an average of 31.2% of total compensation, according to the Bureau of Labor Statistics. Benchmarking. This will require you to do a little research to benchmark your business against current conditions. Benchmarking needs to go beyond pay. No account yet?

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How to Start Addressing Accessibility Gaps

Association Now Leadership

And association research departments conduct benchmarking surveys to develop some baseline targets for a variety of initiatives. The second is to do a broad accounting of cases where accessibility challenges exist. With all that standard-setting, it can be hard to hear that whatever it is you’re doing, it’s not enough.

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Quick Tips to Stay on Top of New Year’s Resolutions

Refresh

If your resolution is to be a better leader, then look at where you’ve been, where you want to be, and make specific benchmarks to achieve that goal. So to avoid short-lived resolutions, ask a friend, co-worker, or mentor to keep you accountable to ensure you stay focused on achieving your goals.