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Do Pay Transparency Laws Actually Matter?

Allwork

employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

Salary 306
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Dry promotions: Definition, considerations, and guidelines for employers

BMT Office Administration

Getting a promotion is an exciting event for employees. However, some of that excitement is probably due to the pay raise that they expect will come with the promotion. But sometimes employers offer promotions without an increase in pay, a growing phenomenon called dry promotions. What is a dry promotion?

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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

Companies are more concerned with mitigating costs than they are hiring new team members. . Amidst the consequences of the pandemic, companies are more concerned with mitigating costs than they are hiring new team members. . Allwork.Space spoke to three HR leaders to gauge their opinion on the practice of labor hoarding. .

Payroll 279
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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. But it depends on how the company goes about it, and if they are compensated for additional tasks or just expected to do more for the same salary. How do employees feel about quiet hiring?

2023 290
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7 Types of Competitive Advantages and How to Develop Yours

Success

In other words, it addressed the unmet demand of adult learners seeking skills training. Niche focus: develop your cost advantage and product differentiation. One is gaining a cost advantage. Finding means to reduce production, supply chain, and delivery costs also assist your cost advantage.

Budget 279
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Over one quarter of employees do not trust their CEO to be honest and transparent

Workplace Insight

Nearly two-thirds (61 percent) of respondents do not feel that their current level of pay and remuneration has kept pace with inflation and the cost of living, so it’s perhaps unsurprising that over half (56 percent) of employees are more likely to discuss their pay with colleagues because of these factors.

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Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

This highlights the cost savings from reduced turnover since recruiting and training can cost up to nine months of an employee’s salary. As these cost-saving opportunities and the long-term benefits become more and more evident, it’s easier than ever to introduce remote work.

Salary 111