Tag: Compensation

hiring

Job Growth Expected to Hold Steady in 2016, Says CareerBuilder

U.S. employers remain confident in their hiring plans as they embark on a new year, according to CareerBuilder’s annual job forecast. Thirty-six percent of employers plan to add full-time, permanent employees in 2016, the same as 2015. Nearly half of employers (47%) plan to hire temporary or contract workers.

For Compensation Plan Communication, Try Video

John Hyttinen, Senior Director of Total Rewards at payroll and business services giant ADP, needed to explain a bonus program to all employees. Before he could execute on it, he needed to identify his tactics. He started by determining guiding principles for the communication. While his own ideas would play a role, he really wanted […]

Unemployment Compensation 101

Unemployment compensation is meant to help keep struggling individuals and families out of poverty while they search for employment. It also is set up to help keep the economy afloat at times when consumer spending would otherwise dip, by giving compensation to individuals so that they can continue to pay their rent or mortgage and […]

Attracting—and Signing—the Best Candidates Starts With the Right Compensation Program

By Stacey Hawley, The Credo Company Companies endeavor to hire the right candidates, with the right skills, right qualifications and right cultural fit, for their organizations. Finding the right candidates is critical. Recruitment is costly. Turnover is even more costly (typically two times the annual salary and benefits of a role).

Nervous about pay equity? Don’t worry, you don’t have to boil the ocean

It’s one thing to strive for an equitable compensation system, but it’s quite another to really understand whether employees are being paid fairly and what to do if they’re not. With employees having instant access to salary data through the Internet—data that may or may not be relevant to their situations—and the debate becoming a […]