Pay transparency has been drawing attention in recent years. This allows employees to be aware of the company’s pay structure and how much their colleagues are paid, helping them understand their value within the organization. It also creates a sense of integrity and equity within a team. Besides, it also helps reduce recruiting costs. Do […]
Category: Human Resources
Feb 15, 2023
Feb 08, 2023
The economic uncertainty and labor shortages impact the executive pay outlook for 2023. From an HR analytics standpoint, this uncertainty makes it difficult to accurately assess and predict executive pay trends. Let us discuss the current stand on executive pay and the potential outlook for 2023. The Impact of Uncertain Environment on the Current Executive […]
Dec 14, 2022
Difficulties with employees, absenteeism, poor quality work and other performance issues are bad for organizational success. It’s important to have a proactive strategy to manage these problems long before they occur and force you to terminate the culpable employee. For most successful organizations, a holistic performance management plan is the right approach. Keep reading for […]
Nov 23, 2022
The American workplace has gone through extreme changes due to the pandemic. The crisis caused millions of individuals to rethink their careers and lifestyles. Social interaction has become a major concern for workers, as the pandemic led to social distancing and remote work. Here’s a look at job candidate expectations that recruiters should include in […]
Nov 09, 2022
Hiring the right talent for your business is crucial to its long-term success. The key is to hire skilled and knowledgeable people who want to work for your company. Here are seven important steps for the selection process when filling open job positions. 1. Make job applications easily available Before you allow job candidates to […]
Sep 21, 2022
Employers must regularly evaluate employee performance to ensure all team members are helping the company. The weakest link can bring down productivity and morale. Setting work-at-home policies help unify a remote team. It’s important to have a plan to boost employee performance to avoid employee burnout and declining profits. Annual Employee Performance Evaluation It’s common […]
Sep 14, 2022
A business can win the hearts of loyal customers more easily if it demonstrates a sense of people’s experience. The more a company emphasizes the importance of people in its mission, the better reputation it builds with customers. Here’s a look at key aspects your HR department should know about employee treatment. Explanation of People’s […]
Aug 10, 2022
Since change has become the norm in business this century, change management for HR is a significant area of concern. Any time a business makes a noticeable change, it risks alienating its followers. Yet failing to plan for change is like planning for stagnancy. Your HR department needs to take steps to prepare for and […]
Jun 29, 2022
Equal pay has become a major issue for companies working on building their social profile with the public. Conducting a job evaluation is useful for HR departments to match appropriate pay with a given job description. Use this guide to job evaluation to improve your hiring of productive talent. Defining Job Evaluation HR departments design […]
May 22, 2022
Of all compensation issues organizations have to confront today, and for the foreseeable future, pay equity is increasingly becoming the most defining. Key stakeholders, including employers and employees, agree on the need to have pay equity, but there are varying perspectives on the topic and various obstacles to achieving equitable compensation. What is Pay Equity? […]