2007 Compensation Retention 
HRsoft
SEPTEMBER 28, 2020
Communicating total rewards is an important aspect of any retention and engagement strategy. While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. Employees should be able to understand the organizational philosophy, and how that fits into compensation decisions.
JazzHR
DECEMBER 3, 2018
Following raises in 2007 and 2008, the federal minimum wage hasn’t budged since 2009, when the government set the wage at $7.25 Employers that raise their wages before it’s legally mandated to do so can benefit from higher employee satisfaction and retention rates.
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Recruiting Daily
MAY 5, 2022
This contrasts sharply with compensation and work-life balance concerns of new job seekers just half a decade ago. As younger children, many watched their parents and older siblings experience one financial setback after another while struggling through The Great Recession in 2007, then record-high unemployment rates in 2020.
Workable
FEBRUARY 1, 2016
A significant percentage of the workforce will be in need of short-term disability leave and US law (with the exception of six states ) doesn’t guarantee any compensation. Productivity and retention. Nearly two-thirds of all personal bankruptcies are attributed to medical problems, according to a 2007 report.
TalentCircles
AUGUST 18, 2015
As I mentioned in part one of this series, supply and demand has played a big role in how we recruit, with the recession that began around 2007 causing many companies to cut perks, pay and even their workforces. They’re also shifting their focus to be around retention in general. As a recruiter, retention is powerful.
TalentCircles
AUGUST 25, 2015
By Jessica Miller-Merrell Check out part 1 of our recruiting retention series by clicking here. As I mentioned in part one of this series, supply and demand has played a big role in how we recruit, with the recession that began around 2007 causing many companies to cut perks, pay and even their workforces.
HRsoft
MAY 15, 2017
Communicating total rewards is an important aspect of any retention and engagement strategy. While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. Employees should be able to understand the organizational philosophy, and how that fits into compensation decisions.
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