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 […]
Nov 09, 2022
Oct 19, 2022
U.S. companies are expected to increase staff salaries in 2023 amid various unfavorable economic conditions, according to the July Salary Budget Planning Report by WTW. They’re budgeting for this under the pressure of low labor supply and the pay expectations of employees coping with a higher cost of living. Between April and May earlier this […]
Oct 12, 2022
After increasing by 1.3% in June, the urban Consumer Price Index (CPI) remained unchanged in July on seasonal adjustment, according to a press release by the U.S. Bureau of Labor Statistics (BLS). An indicator of spending patterns for city consumers and workers, the all-item index soared 8.5% over the last 12 months before seasonal adjustment. […]
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 17, 2022
The concept of diversity, equity, and inclusion (DE&I) is seeping into the fabric of the modern business. This set of objectives is a key to defining organizations as socially responsible. Here’s how DE&I as executive compensation is revolutionizing corporate culture. DE&I Compared with ESG DE&I incentive programs are built on the long-term pay incentive model […]
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 […]
Jul 20, 2022
Workers for private companies in the Los Angeles Metropolitan Area saw wage increases for a 12-month period ending March 2022. This increase was reported by the Bureau of Labor Statistics (BLS), a division of the U.S. Department of Labor. The 5.2 percent compensation gain overshadows the previous year’s report of a 4.2 percent increase in […]
Jul 13, 2022
Schools are facing a metamorphosis in the fallout of the pandemic involving teacher pay. Innovative schools have led the way toward a new faculty compensation model. Here’s a look at how Graland Country Day School in Denver, Colorado, has pioneered a new model that improves the education system for teachers and students. Need to Update […]
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 […]