The Problem with Pay Compression (and How to Fix It)

Recruitment and retention strategies go hand in hand. The perks, benefits, and initiatives that attract new talent improve employee satisfaction, too. Still, it’s hard for employers to stay competitive in the current market for talent, and inflation isn’t helping.

Find us at https://www.bernieportal.com/hr-party-of-one/

BerniePortal: The all-in-one HRIS that makes building a business & managing its people easy. 

http://bit.ly/2NEQ5Qb

What is an HRIS?

https://bit.ly/what-is-an-hris

BernieU: Your free one-stop shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources.  Approved for SHRM & HRCI recertification credit hours. Enroll today!

https://university.bernieportal.com/

The HR Party of One Blog

https://blog.bernieportal.com/en/hr-party-of-one?hsCtaTracking=b3b92578-8739-4cfd-b1ca-97b75053c111%7Cfc88f7d2-eafe-4e2f-b269-3cd9d1d6950c

Join the HR Party of One LinkedIn Group!

https://www.linkedin.com/groups/12527070/

▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬

What is Pay Compression and How HR Should Address It 

https://blog.bernieportal.com/what-is-pay-compression-how-hr-should-address-it

Attracting Recruits with Big Salaries May Create Unfair Pay Gaps

https://www.thinkwhy.com/news-detail/attracting-recruits-with-big-salaries-may-create-unfair-pay-gaps

Your Right to Discuss Wages | National Labor Relations Board 

https://www.nlrb.gov/about-nlrb/rights-we-protect/your-rights/your-rights-to-discuss-wages

St. Louis, Missouri | National Labor Relations Board

https://www.nlrb.gov/about-nlrb/rights-we-protect/our-enforcement-activity/st-louis-missouri

Here's what happens when salary is actually included in job listings - CNN.

https://www.cnn.com/2022/02/09/success/salary-ranges-pay-transparency/index.html#:~:text=Only%20about%2012%25%20of%20postings,increase%20from%208%25%20in%202019

Do Employers Need to Disclose Pay Information on Job Posts?

https://youtu.be/RwmS0ag-Ki8

How to Create a Culture Guide, Part 1  

Recruitment and retention strategies go hand in hand. The perks, benefits, and initiatives that attract new talent improve employee satisfaction, too. Still, it’s hard for employers to stay competitive in the current market for talent, and inflation isn’t helping.

Find us at https://www.bernieportal.com/hr-party-of-one/

BerniePortal: The all-in-one HRIS that makes building a business & managing its people easy. 

http://bit.ly/2NEQ5Qb

What is an HRIS?

https://bit.ly/what-is-an-hris

BernieU: Your free one-stop shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources.  Approved for SHRM & HRCI recertification credit hours. Enroll today!

https://university.bernieportal.com/

The HR Party of One Blog

https://blog.bernieportal.com/en/hr-party-of-one?hsCtaTracking=b3b92578-8739-4cfd-b1ca-97b75053c111%7Cfc88f7d2-eafe-4e2f-b269-3cd9d1d6950c

Join the HR Party of One LinkedIn Group!

https://www.linkedin.com/groups/12527070/

▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬

What is Pay Compression and How HR Should Address It 

https://blog.bernieportal.com/what-is-pay-compression-how-hr-should-address-it

Attracting Recruits with Big Salaries May Create Unfair Pay Gaps

https://www.thinkwhy.com/news-detail/attracting-recruits-with-big-salaries-may-create-unfair-pay-gaps

Your Right to Discuss Wages | National Labor Relations Board 

https://www.nlrb.gov/about-nlrb/rights-we-protect/your-rights/your-rights-to-discuss-wages

St. Louis, Missouri | National Labor Relations Board

https://www.nlrb.gov/about-nlrb/rights-we-protect/our-enforcement-activity/st-louis-missouri

Here's what happens when salary is actually included in job listings - CNN.

https://www.cnn.com/2022/02/09/success/salary-ranges-pay-transparency/index.html#:~:text=Only%20about%2012%25%20of%20postings,increase%20from%208%25%20in%202019

Do Employers Need to Disclose Pay Information on Job Posts?

https://youtu.be/RwmS0ag-Ki8

How to Create a Culture Guide, Part 1  

https://youtu.be/Jds7C5pDQM8

How to Create a Culture Guide, Part 2

https://youtu.be/ywCLAIURviQ

Why I Never Let Employees Negotiate a Raise | Inc.com

https://www.inc.com/magazine/20090401/how-hard-could-it-be-employees-negotiate-pay-raises.html

New Report: Pay Transparency May Be the Key to Keeping Your Employees in 2021 | Inc.com 

https://www.inc.com/marcel-schwantes/new-report-pay-transparency-may-be-key-to-keeping-your-employees-in-2021.html

▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬

► LinkedIn: https://www.linkedin.com/company/bernieportal

► Twitter: https://twitter.com/HRPartyofOne

► Facebook: https://www.facebook.com/BerniePortal

► Instagram: https://www.instagram.com/bernieportal/

▬ Podcast▬▬▬▬▬▬▬▬▬▬▬▬

► Apple Podcasts: https://podcasts.apple.com/us/podcast/hr-party-of-one/id1495233115

► Spotify: https://open.spotify.com/show/5ViQkKdatT40DPLJkY2pgA

► Google Podcast: https://www.google.com/podcasts?feed=aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vaHJwYXJ0eW9mb25lLw%3D%3D

► Amazon Music: https://music.amazon.com/podcasts/1874beb8-2a68-4310-8816-e704e6850995/HR-Party-of-One

► iHeartRadio: https://www.iheart.com/podcast/269-hr-party-of-one-57127074/#

► Pocket Casts: https://pca.st/o6e2auqq

►RSS: https://feeds.captivate.fm/hrpartyofone/ 

► Other: https://hrpartyofone.captivate.fm/listen

#PayCompression, #HR, #HumanResources, #HRTips, #HumanResourcesTips, #SmallBusiness, #HRPartyOfOne,