Sat.Jan 18, 2025

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Global Pay Transparency Trends Emphasize Employer Unpreparedness

HR Digest

Despite global pay transparency trends suggesting that it is an increasingly important consideration for candidates who are seeking a job, only 19% of U.S. companies surveyed by Mercer have a pay transparency strategy in place. Regulations around pay transparency have been slow to come but the open sharing of information on wages and salaries has slowly grown to become a central topic of discussion when it comes to hiring.

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How HRMS Can Help Reduce Employee Turnover?

Qandle

Employee turnover is a pressing challenge for organizations worldwide. Losing valuable team members not only disrupts operations but also incurs significant costs in terms of recruitment, training, and reduced productivity. In todays competitive market, retaining skilled employees has become crucial for sustained business growth. This is where an HRMS (Human Resource Management System) steps in as a powerful ally.