Finch’s Post

Over the course of the past few months, TalentEdgeAI and WageScape have proudly united to transform pay transparency using advanced predictive analytics. This groundbreaking collaboration has aimed to deliver unprecedented insights and fairness to the workplace, empowering both organizations and employees. Together, we have advanced the future of pay transparency. Click the link to learn more: https://lnkd.in/eebfAvmR #Innovation #PayTransparency #PredictiveAnalytics #FutureOfWork #WorkplaceEquity

Salt Labs, a pioneer in employee rewards and incentives for frontline workers, has been selected to join UKG Labs, a prominent global startup ecosystem dedicated to fostering innovation in HR, payroll, and workforce management solutions. Read the Latest full News - https://lnkd.in/dMPXDEjJ #hrtech #hrtechedge #integration #collaboration #hrandpayroll #workforcemanagement #businessgrowth #innovation #transformation #technology

According to this article 85% of US workers are planning to quit this year. 9 out of 10 organisations globally are concerned about employee retention. 1/2 of hiring managers in Europe predict an increase in employee turnover in 2024. This means that keeping workers happy might just climb back to the top of managers' to-do lists. #thegreatreshuffle #employeesatifaction #careerchange #careerdevelopment

In the dynamic landscape of modern businesses, prioritising employee retention over constant recruitment emerges as a strategic imperative. Retaining staff not only proves cost-effective by curbing recruitment expenses but also ensures sustained productivity fueled by the experience and knowledge of long-serving employees. Moreover, fostering a culture of retention boosts morale, preserves team cohesion, and nurtures enduring customer relationships, all while freeing up valuable time and resources for strategic pursuits. Our employee hub is a great way to keep your employees engaged, it enables employees to access all their key workplace applications in one place via a simple user interface. Let’s face it, no one has time to search out what they need at that moment; they just want easy access at any time, from anywhere and for everything to be in one place. myworksapp enables them to do this from one, simple screen. Now employees can find their work related documents as and when needed without the hassle of swiping through multiple screens or searching for links and website addresses. Employees simply open myworksapp on their mobile and access epayslips, P60s, P11Ds, HR and auto enrolment communications, work emails, secure email, documents requiring approval, workplace pension, employee benefits, HR portal or intranet logins. Contact us at info@sslpost.com to find out more #EmployeeRetention #BusinessSuccess #WorkplaceCulture

Here is some food for thought as we head toward 2024! Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month. So, if you thought the wave of resignations that began in 2021 was slowing, think again. According to a recent survey of 2,500 U.S. workers, nearly half plan to look for a job in 2023—including 60% of Gen Z workers and 56% of millennials. Providing temporary furnished housing is an exceptional means to supporting onboarding, engagement and employee loyalty - helping new hires feel "at home" more quickly! Reach out and let's discuss how we can support your successful employee retention in 2024! #SHRM #retention #talentacquisition #temporaryhousing #relocation #employeeengagement #GWERC #CHPA #GBTA

🚀 2024 𝐂𝐨𝐦𝐩𝐞𝐧𝐬𝐚𝐭𝐢𝐨𝐧 𝐓𝐫𝐞𝐧𝐝𝐬: 𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐏𝐚𝐲𝐬𝐜𝐚𝐥𝐞 The Payscale 2024 𝐂𝐨𝐦𝐩𝐞𝐧𝐬𝐚𝐭𝐢𝐨𝐧 𝐁𝐞𝐬𝐭 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 reveals pivotal trends in the evolving job market and compensation management: ➡ 𝐒𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬: Compensation now emerges as the top challenge for organizations, overtaking retention and recruitment. As economic uncertainties persist, strategic investments in compensation are more crucial yet more scrutinized. ➡ 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐚𝐧𝐝 𝐌𝐚𝐭𝐮𝐫𝐢𝐭𝐲: Over half of organizations are developing or optimizing their compensation strategies, using technology to enhance transparency and efficiency. ➡ 𝐃𝐢𝐯𝐞𝐫𝐠𝐢𝐧𝐠 𝐉𝐨𝐛 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: The job market has cooled, showing stark differences between white-collar layoffs and blue-collar wage growth due to labor shortages. Organizations are adjusting strategies accordingly, including geographic pay adjustments for remote and hybrid work setups. ➡ 𝐒𝐤𝐢𝐥𝐥𝐬-𝐁𝐚𝐬𝐞𝐝 𝐏𝐚𝐲: There's a growing trend towards skills-based pay, recognizing the direct impact of skills and competencies over traditional educational credentials. This approach not only enhances employee engagement by aligning pay progression with skill acquisition but also broadens the talent pool by eliminating the 'paper ceiling'—the barriers posed by undue educational prerequisites. ➡ 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 𝐏𝐚𝐲 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐚𝐧𝐝 𝐑𝐞𝐦𝐨𝐭𝐞 𝐖𝐨𝐫𝐤: Geographic pay strategies are becoming increasingly nuanced, reflecting the varied work environments from remote to hybrid settings. This adaptability in pay structuring is crucial as organizations strive to manage pay equity and internal fairness across dispersed workforces. ➡ 𝐏𝐚𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐚𝐧𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Increasingly, organizations are adopting transparent pay practices to enhance trust and compliance with new regulations, like the EU Pay Transparency Directive. As we navigate these changes, Hybridge Consulting offers 𝐞𝐱𝐩𝐞𝐫𝐭 𝐠𝐮𝐢𝐝𝐚𝐧𝐜𝐞 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐝𝐚𝐩𝐭 to these compensation trends, ensuring strategic alignment and regulatory compliance. 🌟 Reach out to us today to refine your compensation strategies for 2024 and beyond! #totalrewards #compensation #HybridgeConsulting

Wondering how to spend your people budget more wisely? How to drive better performance? How to increase offer acceptance rate? How to comply with pay transparency requirements? No dedicated compensation resource to answer all this? Go no further! We bring this to you at an affordable price without having to build your in-house team! Get in touch at info@hybridgeconsulting.com!

Uncover the secrets of attracting and retaining top talent in this Small Business Guide to Recruiting. With insights into flexible work arrangements and competitive benefits, find practical solutions to enhance employee satisfaction. How do you prioritize employee well-being in your small business? Share your strategies! #smallbusiness #employeeretention #workplacewellness

Small businesses often are concerned that they cannot offer salaries that are as competitive as larger companies. This article shares some advantages small employers can leverage. #smallbusiness #employeeexperience #employeeengagement