“It’s the general idea of where labor costs fit in the budget, what priority they have, what types of behavior we want to reward with pay,” Heather Bussing, employment lawyer and author, tells HR Brew.
The tool scrapes jobs boards and career sites to popular its compensation database.
Money falls behind company culture, career support, and professional development as reasons why employees are engaged at work, according to a recent report from Right Management.
More than one-half of employers have committed to undertaking compensation reviews of specific employee groups, a survey from global advisory firm WTW found.
HR should be monitoring compensation “in real time” to get ahead of any gender-based inequities, one expert tells HR Brew.
Employees performing work in Chicago will be entitled to up to five days of paid time off for any reason starting Dec. 31, 2023.
From recruiting and retention to company culture and the latest in HR tech, HR Brew delivers up-to-date industry news and tips to help HR pros stay nimble in today’s fast-changing business environment.
