When it comes to fair and effective employee compensation practices, pay transparency and pay equity should be top priorities. In fact, according to WorldatWork, these are likely to be two of the most important responsibilities in human capital in the next 2 to 3 years. Unfortunately, even though pa...
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Differences abound between transactional and strategic human resources, but even if the distinctions are clear to HR generalists, these terms get a little fuzzy when it comes to employee pay matters. Nonetheless, it’s important to understand the distinctions as these can be important to establishi...
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This changes everything! Or does it? In the midst of the Coronavirus pandemic, with U.S. and global economies in free fall, businesses are asking, “What will this do to the employment market as we navigate through and beyond this crisis?” It’s a reasonable question. Unfortunately, it’s a rea...
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When employers need to maintain or add to their workforces, an age-old question emerges: Which is better -- recruiting or retaining workers? In other words, is it more cost-effective to keep your current talent pool versus accepting turnover as a fact of business and focusing more on attracting, hir...
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