Category: Salary & Benefits

Benefits Package Attracts Top Talent

Findings from a new survey suggest that if a company offers no or limited benefits it risks losing out on top talent during the hiring process.

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Citi Addresses Gender Pay Gap

Citigroup has become the first major U.S. bank to respond to shareholder pressure and agree to disclose wage data and adjust employee salaries in a company-wide effort to achieve gender and ethnicity pay equity.

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Tips to Help Employers Manage Salary Expectations

Employees have certain expectations when it comes to salary. While a company may not be able to meet all expectations, creating a culture that addresses issues related to pay can positively impact employee engagement and retention, as well as recruiting and hiring.

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Walmart Raises Starting Pay. Will Others Follow?

The world’s largest private employer has announced it will raise starting pay for all its U.S. workers to $11 per hour. The change, which takes effect with the Feb. 17 pay cycle, is the latest in a series of salary increases, aimed at better wages for associates.

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More Employees Expected to Quit This Year Because of Salary

A new survey from job site Glassdoor finds that 35 percent of hiring decision makers expect more employees to quit in 2018. Among those surveyed nearly half (45 percent) indicate that salary is the top reason for employees changing jobs, followed by career advancement opportunities, benefits, and location.

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Wage Growth Remains Stagnant

According to job site Glassdoor, the annual median base pay in the United States grew 1.1 percent year over year (YOY) in December 2017 to $51,210. Glassdoor Local Pay Reports show pay growth ticked up slightly from a revised 1.0 percent growth last month. Pay growth peaked in January 2017 at a revised 3.5 percent.

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The Truth About Student Loan Assistance

It’s been heralded as the most attractive benefit – and the implication is that if your company were to offer it, you would have job seekers lining up at your door. But is student loan assistance a.k.a. student loan repayment really the next greatest thing?

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How Important Is Fair Pay?

A recent survey by professional services firm PwC, in partnership with the London School of Economics, finds a significant intergenerational difference of opinion when it comes to fair pay and what constitutes ethical behavior around pay, with the younger population wanting stronger protection for the less well-off, compared to the older generation who are more […]

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Survey Finds More Employees Sick … of Work

Are more workers feeling stressed, disengaged or disillusioned with their jobs? Or are they simply trying to juggle the various aspects of their busy lives?

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