Compensation’s Role in the Attraction and Retention of Employees
There are many factors why employees seek to work for or remain with an employer, with compensation being a key element. There is research that suggests that compensation’s role is not to be a driver of attraction and retention but support the other areas of the...
Types of Salary Surveys & Benefits of Salary Structures
PURPOSE The overall purpose for collecting market data is to make informed decisions about the compensation program. These decisions involve pricing jobs, analyzing pay trends, identifying pay practices, and establishing a salary structure. TYPES OF SALARY SURVEYS A...
Seven Steps to Developing Career Paths
by Susan Malanowski Talent Acquisition and Management One of the reasons employees either leave or cut short the hiring process is because there is a lack of career paths or career development opportunities. Regardless of size, many organizations recognize the talent...