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Pay raise percentages are returning to pre-pandemic levels. See how industries vary and learn why experts advise a strategic approach to compensation.

Staff engagement can open doors for you in terms of growth. This requires finding out what reasonable adjustments can make your workers more productive, and implementing them. This could be anything from greater flexibility, higher earnings, or learning and development. This can help boost worker performance and business revenues by extension. Find more here: https://bit.ly/3vViWIN #StaffEngagement #WorkerPerformance #BusinessRevenueGrowth

The spotlight is on executive compensation: Dive into the complexities and understand why, even in a down market, the demand for the right executives remains unwavering. CEO Eric Walczykowski and CMO Adam Boone break down the key factors keeping compensation levels high. Join the quick-hit 10 minute interview for more on the latest trends in executive recruitment: https://lnkd.in/e-_StdpT #PrivateEquity #ExecutiveSearch #Compensation

When a leading private school wanted to review staff compensation, they engaged the Elliott Davis team to help. Our team analyzed approximately 90 staff positions, gathered market research, reviewed current compensation against industry standards, and made key recommendations. Learn how our analysis better positioned the school to reward and retain top talent in our latest case study: https://bit.ly/3zYNFa7 #compensation #compensationmanagement #operationalexcellence

As the Canadian labor market slows and living costs rise, compensation and benefits are becoming crucial in attracting top talent. Our 2024 research reveals a gap between employer offerings and employee expectations. 

📣 As economic insecurity looms, firms are recognising the significance of financial wellbeing initiatives. But how can you outshine your competitors and secure skilled resources? 🌟 💰 Stay ahead of the curve: 60% of organisations are planning to review their pay, ensuring they remain attractive to top talent. 💼 ⚖️ Adapt to the changing landscape: 57% of companies are changing their pay policies to meet the evolving needs of employees. 📈 🔍 Benchmark for success: 56% of organisations are conducting more regular pay benchmarking to gain a competitive edge. Discover what strategies your competitors are using in our handy infographic below! ⬇️ #EmployeeBenefits #FinancialWellbeing #PayBenchmarking

📣 As economic insecurity looms, firms are recognising the significance of financial wellbeing initiatives. But how can you outshine your competitors and secure skilled resources? 🌟 💰 Stay ahead of the curve: 60% of organisations are planning to review their pay, ensuring they remain attractive to top talent. 💼 ⚖️ Adapt to the changing landscape: 57% of companies are changing their pay policies to meet the evolving needs of employees. 📈 🔍 Benchmark for success: 56% of organisations are conducting more regular pay benchmarking to gain a competitive edge. Discover what strategies your competitors are using in our handy infographic below! ⬇️ #EmployeeBenefits #FinancialWellbeing #PayBenchmarking

Seeking a deeper understanding of the strategic aspects of executive remuneration? 💭 Our latest blog post has all the answers! Join us as we debunk misconceptions and shed light on the benefits of participating in remuneration surveys. 💡 From gaining a competitive advantage to making strategic decisions based on real-time market data, our guide is your roadmap to success in the ever-evolving world of executive pay. 📈 Read more: https://lnkd.in/gt3ytZSm #GRG #ExecutiveRemuneration #CompensationStrategy #BenchmarkingExcellence #LeadershipCompensation #HRInsights #StrategicHR #PayTransparency #IndustryStandards #ExecutivePay

Important announcement for business leaders! The U.S. Department of Labor announced a final rule raising the minimum salary for exempt employees and the total annual income threshold for highly compensated executives. The first increase takes effect on July 1, 2024. Read more at https://lnkd.in/gfVEchhj to stay updated on this change that could impact your workplace!

Great insights on workforce spending by the Government in challenging circumstances by our business case and workforce transformation experts Liz Tolcher, Katie Crookbain and Liz Tolcher. With the UK government facing scrutiny on spending, optimising the public sector workforce is more critical than ever. In our latest insight piece on the Spending Review, we explore practical considerations for departments to justify investments in their people – from identifying the minimum viable workforce to exploring automation, demonstrating ROI, and estimating the cost of inaction.