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 […]
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 […]
Jan 18, 2023
The average US pay increase is expected to hit 4.6% in 2023, according to a recent survey from the Bureau of Labor Statistics. This increase is slightly higher than the 3.2% that was projected in 2019. It is expected to be a result of the current low inflation rate, as well as the tight labor […]
Jan 11, 2023
In today’s globalized, hyper-connected workforce, trust and transparency are crucial. A modern employee directory is a perfect tool to facilitate these aspects. Read on to learn more about the modern employee directory and its benefits in the workplace. A Modern Employee Directory Connects All Your Employees A modern employee directory is a powerful tool for […]
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 […]
Dec 07, 2022
Does your company have a fully-fledged human resources department streamlined for all functions, from hiring and payroll to compliance and benefits? Sometimes, a small business is better off outsourcing employee management to a professional employer organization (PEO). However, how can a PEO benefit your organization, and how does it work? Read on for more. What […]
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 […]
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. […]