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Should Compensation Be Tied to Performance Reviews?

15Five

Since feedback is hard to come by, separating compensation and focusing on performance during the review process is necessary. Should you tie compensation and performance reviews together? For nearly 60% of organizations, compensation and performance decisions are made simultaneously. Did they notice a difference?

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The 5 Biggest Compensation Strategy Challenges for HR Leaders

15Five

With today’s competitive talent market compounded by economic factors like high inflation, people leaders face tremendous pressure to create a competitive compensation strategy. They also want fairness and equity, both in the way they’re treated and how they’re compensated. . Common compensation strategy challenges.

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How to Support Your Introverts

Association Now Leadership

Central to that concept is recognition, especially at organizations that may lack the resources for higher compensation. Yet when included, they’re 22% less likely to report compensation is the number-one reason they would job hunt.” And the recognition doesn’t have to be terribly sophisticated, Yardley adds.

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SCOTUS to hear overtime pay case involving worker who earned $200K a year

Zenefits

Legal experts say Helix Energy Solutions Group, Inc. Hewitt could have an enormous impact on employers using the “daily pay rate” model – a common payroll practice in the oil, gas, and energy industries. Helix said the former employee qualified for the federal law’s “highly compensated employee” exception to premium pay.

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PEO for Small Business? Yes, Yes, and Why.

Zenefits

They can also handle payroll taxes, workers’ compensation coverage, employee onboarding, employee training and development, and more. Freed from these tedious administrative tasks, business owners and employees can focus time and energy on the core missions of the business. Could PEO be right for you?

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What’s the Difference Between Exempt Vs. Nonexempt Jobs? A Guide

Zenefits

The primary differences in status between exempt and nonexempt jobs are whether they’re: Paid a salary Paid by the hour Eligible for overtime compensation The Wage and Hour Division (WHD) under the U.S. The DOL raised the minimum weekly compensation for lower-paid exempt workers effective Jan.

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12 Organizational Health Metrics HR Should Know

AIHR

Plus, it affects your employee’s ability to make rational decisions and can result in low energy levels, empathy, and compassion. If employees are happy at work, feel they are well compensated, and have opportunities to grow and progress within the company, why would they leave? Organizational Health Index.

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