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In today’s competitive business world, attracting and retaining the right talent is crucial for organizational success, and one approach to this is having a clear compensation philosophy. A compensation philosophy is a plan for how you pay your employees, but this philosophy must also align with business objectives. The significance of a compensation philosophy lies […]
Written by LaborIQ Staff Writer on October 30, 2023
The economy added 336,000 jobs in September, doubling economists’ expectations. While the jobs report is mostly good news, the acceleration in hiring in September and upward revisions for July and August could be bad news for those hoping the Federal Reserve pauses or even reverses interest rate hikes. Wage growth and a hotter-than-expected labor market […]
Written by Mallory Vachon, PhD on October 6, 2023
