Compensation

Preparing a Budget for Human Resources

HR does more than what seems on the surface. For a business owner or employee who doesn’t know the ins and outs of HR and how it works, complaining about not getting a pay raise or additional benefits and expecting an immediate turnaround is not wrong.  A company’s owner or senior leadership is responsible for …

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Powerful Compensation Strategies to Retain Top Talent

The economy has been under a structural transformation since the late 1960s with a shift from a manufacturing economy to a service economy. This shift means that the people in the workforce compete on the basis of knowledge and expertise compared to labor efficiency. In this regard, the workforce has become increasingly competitive with job …

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