article thumbnail

Compensation Philosophy: The “Why” Behind the Paystub

Zenefits

A compensation philosophy is an integral part of what makes a business tick. Expectations have changed, and competitive compensation has a vital role to play. In the current climate, employers are particularly dependent on salary survey data to determine what kind of compensation package to offer job candidates.

article thumbnail

21 Highest-Paying HR Jobs in 2023

AIHR

VP, Human Resources Salary : $241,000 – $420,000 Job description A VP of Human Resources is responsible for the effective operations of the company’s HR department. They work with the company’s CEOs, COOs, and other C-suite leaders in its overall planning and strategy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Want a Career in Human Resources? Your In-Depth (2023) Guide

AIHR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. Here are some reasons why some individuals choose to work in HR: 1.

article thumbnail

Key Human Resources (HR) Pillars: Your 101 Guide

AIHR

A department : The HR department manages all HR activities, including recruitment, onboarding, compensation, development, performance management, and employee relations. Strategic planning: Support the company with the development and administration of strategic business plans.

article thumbnail

Strategic Human Resource Management 101: Your Essential Guide

AIHR

With a strategic HRM plan, HR teams operate more proactively because they are integrated with business strategies. This involves planning and taking action to ensure the organization has the workforce it needs to achieve its goals. The following five tips will help you implement truly Strategic HRM: 1.

article thumbnail

Human Resource Management Career: 15 Career Paths You Can Follow in HRM

AIHR

While HRM will vary depending on the industry and size of the company, it generally involves recruitment, taking care of employees’ wellbeing, training and development, building a positive work culture, managing compensation benefits, and dealing with any employee grievances.

article thumbnail

Job Outlook for Human Resources (HR) in 2023

AIHR

HR is evolving from administrative tasks to leading in strategic planning, supporting employee wellbeing, and enabling tech integration. HR manages a spectrum of responsibilities, including recruitment , onboarding , training, employee relations, compensation , benefits administration, and compliance with labor laws.