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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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An in-depth guide to job analysis image

An in-depth guide to job analysis

December 11, 2023

This detailed job analysis guide dives into all the details on what job analysis is and how you can successfully perform one. We’ll also look at 4 different methods to performing a job analysis and 6 different questions you can ask to help you get started.

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Projected salary increase budgets holding, for now image

Projected salary increase budgets holding, for now

December 04, 2023

Let’s take one more look at what employers are forecasting for salary increase budgets for 2024. The 2023 Mercer QuickPulse™ - US Compensation Planning Survey also has insights to share on promotions, off-cycle increases, salary structure adjustments, and some hot topics, such as pay transparency.

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5 things pestering compensation teams image

5 things pestering compensation teams

November 07, 2023

Our compensation experts discuss, at a high level, 5 key topics that are dominating the discussions and activities of most compensation and total rewards teams in the United States.

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Pay transparency: a crucial part of attracting new talent! image

Pay transparency: a crucial part of attracting new talent!

October 30, 2023

Pay transparency is quickly becoming the new normal. What do these trends mean for employers across the country? Let’s look at the data from Indeed and assess how can affect your future hiring process./p>

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Securing top pharmacists in your organization image

Securing top pharmacists in your organization

October 12, 2023

Pharmacists have continued to take on more and more responsibilities, but has their pay been reflective of this additional workload? Look at the US Pharmacy Compensation Survey findings and make sure you’re offering competitive pay and benefits for your pharmacists.

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How to attract and retain hourly talent image

How to attract and retain hourly talent

October 05, 2023

Like many in the hospitality industry, you may be experiencing a shortage of hourly workers. In this post we explore the three factors you can focus on to differentiate your company in order to become attractive to hourly candidates.

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10 tips for compensation professionals  image

10 tips for compensation professionals

September 25, 2023

Whether you've been a compensation professional for years or or just starting your career, you already know how complex compensation planning can be. These 10 tips can help you fill your toolbox with with tools you need to more efficiently perform your job.

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