What compensation benchmarks do you use?
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I have been applying to so many job postings and only got one interview. I receive so many Thanks, but no thanks letters. Some of which are very good and very personal - not the typical we value your time and appreciate you applying to our organization. I have altered my resume and letter via AI to really try to get "that job", but am 1 of 100's of applicants. I don't have a degree, but am obtaining my SPHR, have 25 years of experience and have taken courses. What else should I do?
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Some of the best retention strategies have nothing to do with compensation. What non-monetary factor has had the biggest impact in your organization?
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These "graduations" are getting out of hand. Over the past few weeks, I've had to rework shifts for dozens of employees because their kids had midday prek, kindergarten, 5th grade, 8th grade, etc., graduations. Are all of these necessary?
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I had an exit interview recently where the employee said: "The job was not the problem." It was the team culture. That stayed with me. We spend a lot of time talking about pay, workload, recruitment and retention. Yet so many people leave because of how they felt every day at work. Have you ever left a role because of the culture rather than the job itself?
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I recently submitted a candidate that was qualified for a role. The HM looked at the video and passed on her before I even submitted the info. I asked why she said nothing just move on. The candidate asks why she wasn’t moving forward and feedback listing her qualifications vs the job description. I agree go back because I want to know what I’m missing in efforts to submit proper prospects. I was told we don’t have to give a reason and she didn’t fit the culture but don’t tell her that. 😔
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TWW and Aon for the larger organisations (F500) from a global perspective which are then overlayed with local data to identify the entry vs experienced tiers. For smaller organisations, I have used payscale as a cheaper alternative
Radford
Options impact
Mercer
Radford
Willis Towers Watson mainly, but in past orgs, Mercer
Radford