Kolective HR

👋 Wave goodbye to payroll woes and say hello to the Big Little Book of HR: Payroll Edition. We know it's nobody's favorite, but it's an absolutely fundamental component of running a business --- and getting it right means everything to your employees. For most startups and young companies, setting up payroll is the first foray into HR, and it can be daunting! Whoever is running payroll for your company needs a reliable and easy to reference guide with information that applies whether you're using the most up to date SaaS solution, or your cutting paper checks. Enter, the Big Little Book of HR: Payroll Edition. The first of many in our series of our HR pocket guides geared towards supporting HR employees and the businesses that rely on them. Visit our website for a free download, and to learn more about how Kolective can help build, design, or supplement your HR function. Download Your Copy Here: https://lnkd.in/e7_BBerj

HR professionals often find themselves left out when it comes to competitive compensation packages. According to the 2023 CHRO Compensation Report, only 22% of HR leaders feel fairly compensated compared to their C-suite peers, and fewer than one-third of senior HR executives believe they are paid on par with other executives. When comparing HR roles to other fields, the gap becomes clear. For example, while HR managers earn around $126,000 annually, their counterparts in tech or finance—like IT managers—can earn upwards of $150,000. Performance reviews and compensation discussions are coming - get informed. Knowledge is power 💪

As we continue to talk about compensation across various industries, it's time we acknowledge a growing reality: HR professionals are often under-compensated compared to peers in fields like finance, tech, or operations. These pay disparities are puzzling when you consider HR’s growing role in strategic initiatives, including talent retention, compliance, and diversity efforts. HR has become essential in shaping company culture and managing workforce challenges, yet the compensation doesn’t always reflect this strategic importance. But that's just one data point -- so we want to hear from our HR community:

👋 Hey Linkedin, it's Alexa Baggio, Kolective's founder. We just wrapped up our first session of the Kolective HR Fellowship Program, and the feedback from participants was nothing short of inspiring! 🌟 Every fellow emphasized three key desires: flexibility, community, and a strong focus on expanding their HR networks. These insights truly reflect the shifting priorities in the HR world today. By fostering a community of connected, adaptive, and well-networked HR professionals, we’re not just developing individual careers—we’re strengthening the HR support we offer to our clients. A stronger HR network leads to better ideas, more innovative solutions, and ultimately, more resilient organizations. It’s too long been the burden of the few to manage the collective working vibe of many (or even sometimes the burden of just one). We're thrilled to see where this journey takes us and how it will drive even better results for the companies we serve. Stay tuned for more updates from our Fellowship program! 💼 🤝 #HRCommunity #LeadershipDevelopment #FellowshipProgram #HRNetworking #BetterTogether

A core part of our business is placing HR consultants with companies that need their specialized skills.