It’s a challenging time. When a pandemic like the coronavirus outbreak leads to COVID-19 infections, serious illness and even death, we are all impacted. Lives change. At home and at work. Indeed, for many U.S. corporate workers, the home is the workplace now, and employee interactions take place ...
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Market pricing is an essential component of any successful employee compensation and total rewards program. Unfortunately, market pricing is also complex and cumbersome, with many factors and moving parts. These parts include the processes of submitting salary survey data, determining your market pr...
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When demand for workers goes up (in a tight labor market due to low unemployment), entry-level wages rise. Perhaps that’s no surprise. What might be surprising, however, is that many employers are aggressively vying for workers by offering more than double the federally-mandated minimum wage. Add ...
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Just when you thought there was enough free salary data on the internet for employees to use and question you with, we now have a new player in the market: the "WageSpot" app. This new salary information app will make data available by ZIP code based on gender, industry, age, and job title. WageSpot...
Read More(Excerpt from the Total Rewards Solutions Newsletter, Fall 2011) By now you should have received your data back from the salary surveys you participated in earlier this year. But now... what to do with all of that information? You will want to start by ensuring you review your compensation str...
Read More(Excerpt from the Total Rewards Solutions Newsletter, Spring 2011) It is the time of year that some companies begin their salary survey submission process. Before you start downloading data and submitting it, you will want to consider completing the following steps: Review any job descripti...
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