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Author Archives: Kelly Wells

Compensation and Salary Benchmarking Practices

Compensation Salary Benchmarking

Retention 101: Benchmarking Employee Compensation People power businesses and labor costs typically represent a company’s highest expenditure. It’s imperative that employers understand how their respective job roles are valued in the market and how that compares to their own compensation practices. Employers reach this understanding through the practice of compensation benchmarking. Also referred to as …