Opportunity Equity: Prepare for 2024’s Emerging HR Trend

Opportunity equity

While pay equity remains a key HR trend in 2023, another is emerging as we approach 2024; that of opportunity equity.  Opportunity equity is the practice of providing all workers with equal access to opportunities for employment, development, and career advancement. That’s irrespective of gender, race/ethnicity, age, and other personal attributes. It aims to dismantle…

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Addressing Wage Compression to Attract and Retain Talent

Wage compression

Pay transparency continues to be a focal point this year. With 10 states having implemented salary range requirements for job listings, it’s paramount that employers manage pay policies and practices that promote fair pay in the workplace.  As organizations incorporate these pay transparency policies, however, they must be mindful of wage compression.  Wage compression, also…

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Data: The Good, The Bad, and The Ugly

Data analysis informs our daily business decisions, but that analysis is only as good as the data supporting it. Organizations should invest in ensuring that their decision-making is based on accurate information. As data analysis is becoming increasingly sophisticated, machine learning is becoming a sought after technology. Organizations that haven’t already incorporated machine learning predictions…

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