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Pay equality vs. pay equity  image

Pay equality vs. pay equity

February 21, 2024

Understanding the crucial differences between pay equity and pay equality in the workplace is key when it comes to achieving fair compensation in a workplace that values fairness, diversity, and inclusion. Follow along as we examine their significance in the modern workforce, and shed light on why these concepts matter for both individuals and organizations.

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Mastering repeat survey participation

February 13, 2024

Salary benchmarking only gets easier with each passing year, assuming you’re a repeat participant in the same compensation surveys. Do you know why? Here you’ll find out everything you need to know about repeat participation and why it’s such a valuable asset for your organization.

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Mastering Your New Role as a Compensation Professional: Tips for Success image

Mastering Your New Role as a Compensation Professional: Tips for Success

January 17, 2024

Discover the key strategies and insights to thrive in your new role as a compensation professional. From understanding industry trends to mastering effective communication, we provide valuable tips to help you excel in your career. Unlock your potential and achieve success in the dynamic field of compensation management.

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Gen Z is working for more than a paycheck image

Gen Z is working for more than a paycheck

January 05, 2024

Your best bet for securing energetic new employees might just be turning to new graduates and interns. But, attracting this group might mean taking a fresh approach when it comes to total rewards. In Mercer’s US New Graduate Pay and Gen Z Compensation report we reveal what other employers are doing to attract and retain recent graduates, interns and co-op participants.

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How can you help your managers confidently discuss pay? image

How can you help your managers confidently discuss pay?

December 27, 2023

From navigating limited budgets and approval processes to separating performance feedback from pay discussions, we delve into practical tips that empower you to foster open communication and transparency with your employees. By implementing these strategies, organizations can create a supportive environment where managers feel equipped to address pay-related concerns and deliver annual increase news effectively.

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Managing your salary structure and pay ranges with confidence image

Managing your salary structure and pay ranges with confidence

December 20, 2023

In this article, we will be discussing how to identify and measure whether your structure, ranges, and assignment of jobs to ranges might be misaligned. We will also review some common compensation formulas that you can integrate into your periodic reporting to monitor how your structure is working.

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Employee Financial Well-Being: 5 Strategies for Success image

Employee Financial Well-Being: 5 Strategies for Success

December 19, 2023

Why is employee financial well-being so important? Financial stress can significantly affect an employee's mental and physical health, leading to decreased focus, motivation, and engagement at work. Take a look at these 5 strategies to boost employee financial well-being within your organization.

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Understanding Pay Compression: Causes, Implications, and Strategies image

Understanding Pay Compression: Causes, Implications, and Strategies

December 15, 2023

Pay compression occurs when there is a minimal difference in pay between employees in different positions or with varying levels of experience. We explore the basics, including its causes and implications, as well as provide strategies for addressing pay compression issues to ensure fairness and maintain employee motivation and satisfaction.

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