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Variable Compensation: All HR Needs to Know

AIHR

Finding the right mix of pay, benefits, and other incentives is essential to attracting and retaining top performers, especially in a tight labor market. Variable compensation can be a useful tool for rewarding employees’ performance to provide measurable results for your business. Contents What is variable compensation?

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Your 7-Step Guide To Using a Compensation Plan Template (Plus Free Template)

AIHR

Using a good compensation plan template can provide both an organization and its employees with important information and clarity on their compensation and benefits packages, supporting pay equity. Contents What is a compensation plan? What is a compensation plan template?

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What Is Salary Range Penetration? Definition, Use, and Examples

AIHR

Salary range penetration is a crucial compensation metric to help you understand and manage pay differences at your organization. Why is salary range penetration a useful compensation metric? It lets employees and HR and compensation professionals know where someone stands in relationship to the entire salary band.

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Pay Equity Audit: How To Conduct One (Plus Free Checklist Template)

AIHR

Pay equity vs. pay equality 8 steps to effectively conduct a pay equity audit The benefits of using a pay equity audit checklist template 7 key elements of a pay equity audit checklist template Free pay equity audit checklist template Tips for using AIHR’s pay equity checklist audit template What is a pay equity audit?

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How to Become a Human Resources (HR) Manager: The Definitive Guide

AIHR

Contents Definition of Human Resources Manager What does a Human Resources Manager do? Compensation and benefits : HR managers oversee compensation and benefits programs, ensuring competitiveness in the market, managing payroll, and administering employee benefits packages. Let’s dive in!

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What is Voluntary Turnover? Definition, Causes, and Calculation

AIHR

Let’s look at its definition, examples, causes, and calculation. Let’s look at some of the common reasons for voluntary employee turnover: Career progression Management issues Job dissatisfaction Toxic organizational culture Lack of flexibility Lack of learning opportunities Poor compensation Fatigue / exhaustion.

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Group Dynamics: The Leader's Toolkit

Ed Batista

If you simply enact changes by fiat, you won't necessarily reap the expected benefits, not only because your colleagues may not share your assumptions about how to improve team culture, but also because logistical changes can make a sub-optimal team perform worse if they're made in isolation without considering the other factors below. .