Handler’s Post

With all the talk of salary transparency over the last few months, this brings up another challenge for HR departments: Pay raises. This process can have both a positive and negative impact on hiring. Positives include enhancing retention and attracting top talent, while negatives include hindering workforce expansion, salary compression, and more. Read the full workup on the positives and negatives of pay raises in the latest Handler Report: https://bit.ly/4axDS8s #payraises #hiringleaders #salarytransparency

With growing demands for pay transparency and fairness, organisations must rethink how they discuss and manage compensation. This latest guide emphasises the importance of developing a core compensation philosophy. Here’s how you can start: What?: Share monthly salaries with team members. How?: Provide external salary benchmarking data. Where?: Break down salary, benefits, and ranges for each employee. Why?: Establish clear pay calculation processes and train managers. Who?: Consider a completely open pay system. Read on for more: https://heyor.ca/BBruuD #PayTransparency #CompensationPhilosophy #FairPay #EmployeeTrust #HRTrends #TalentAttraction

With growing demands for pay transparency and fairness, organisations must rethink how they discuss and manage compensation. This latest guide emphasises the importance of developing a core compensation philosophy. Here’s how you can start: What?: Share monthly salaries with team members. How?: Provide external salary benchmarking data. Where?: Break down salary, benefits, and ranges for each employee. Why?: Establish clear pay calculation processes and train managers. Who?: Consider a completely open pay system. Read on for more:https://heyor.ca/BBruuD #PayTransparency #CompensationPhilosophy #FairPay #EmployeeTrust #HRTrends #TalentAttraction

Stay informed on the latest trends in compensation and benefits with SHRM's recent article highlighting the realities of 2024 salary increases. Titled "2024 Salary Increases Lower Than Projected," this piece sheds light on the challenges businesses face in meeting salary growth expectations. Understanding these trends is crucial for organizations to adapt their compensation strategies effectively. Explore the full article for valuable insights into navigating the evolving landscape of employee compensation. #Compensation #Benefits #HRInsights #BusinessStrategy https://lnkd.in/gjbrSM2q

Our 2025 Salary Guide is now available to help employers better understand compensation trends and make informed decisions to attract and retain top talent! Check it out and reach out for a more detailed discussion. #2025SalaryGuide

🚀 Elevating the Compensation Conversation in HR In today’s job market, salary compensation isn’t just about a paycheck—it’s about valuing our people. 💼✨ As HR professionals, here’s how we can make a difference: -Benchmark Salaries: Stay competitive with market rates to show we care. -Transparent Communication: Build trust through honest discussions about pay. -Performance-Based Pay: Recognize and reward hard work to inspire growth. -Benefits & Perks: Think beyond the base salary to support overall well-being. Let's lead the change toward fair and motivating compensation packages. #HR #CompensationStrategy #EmployeeEngagement #TalentRetention #SalaryTransparency #PerformanceRewards #Benefits #HRTrends #EmployeeSatisfaction #WorkplaceCulture #Leadership What are your thoughts on reshaping salary compensation in 2024? 🌟🔍 #LinkedInHR #SalaryCompensation #FutureOfWork #HRInnovation

In an era where transparency is increasingly championed in all spheres, the conversation around salary transparency in companies has gained momentum. But can this bold move foster a culture of trust and equality, or does it pave the way for new challenges? In this article, salary expert Martina Ernst, MBA delves into this debate. Discover the intricacies of salary transparency, its potential impacts on organizational culture, employee motivation, and the overarching question – can it really work? #salary #wuexecutiveacademy #wuea #wuvienna

Understanding the implications of salary vs. hourly pay is crucial for both employers and employees in structuring compensation. Our latest article breaks down the advantages and disadvantages of each pay structure, providing insights into flexibility, stability, and overall impact on workforce management. This is essential reading for HR professionals and anyone negotiating their employment terms. https://bit.ly/4dGgdVf #HRManagement #CompensationStrategy 📘

Get pay right with our comprehensive insights. Gain the data-driven knowledge you need to confidently design a competitive compensation and talent retention strategy. Korn Ferry’s 2023 Total Rewards data with 2024 forecast are live now To get access click here: https://bit.ly/3Qkk9zY #CompensationandBenefits #TotalRewards #SalaryForecast2024 #Salary #Compensation #KornFerry #HRInsights #compensation #retention #talentattraction #compensationsurvey

The Power of Salary Benchmarking: Navigating Compensation with Confidence In today's competitive job market, understanding salary benchmarks is more crucial than ever. For both employers and employees, having a clear picture of compensation trends can make all the difference. Our partner Parity Consulting have just released their annual salary data for FY24/25. It is such a pleasure to be their partner in workplace success. Here’s why salary benchmarking is a priority: 📊 Data-Driven Decisions: Accurate salary data ensures that compensation decisions are based on current market trends, fostering fairness and transparency. 💪 Attract Top Talent: Competitive salaries are key to attracting and retaining the best talent. Benchmarking helps you offer packages that stand out. 📈 Boost Employee Morale: When employees know they are being paid fairly compared to industry standards, it increases job satisfaction and loyalty. 🔄 Stay Competitive: Regular benchmarking keeps your organisation competitive, ensuring you don’t lose top talent to better-paying competitors. 🚀 Promote Equity: Salary benchmarks help identify and correct pay disparities, promoting a more equitable workplace. Whether you're an employer striving to attract top talent or an employee seeking to negotiate your worth, understanding salary benchmarks is essential. Let's leverage data to make informed, fair, and strategic compensation decisions! To review the Salary Guide and Predictions for FY24/25 please click here: https://hubs.li/Q02KmG9V0 #SalaryBenchmarking #CompensationStrategy #TalentManagement #EmployeeRetention #WorkplaceEquity #HRInsights