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HR pros can help bridge that divide by getting a better understanding of veterans’ applicable skill sets, educating hiring managers, and being intentional with their veteran recruiting and retention strategies.

However, an organization with a career portfolio-based talent system would ideally have a skills management software platform to capture and analyze needed and existing skill sets.

.; ;Set clear expectations regarding board member participation on committees.; ;Provide committee chairs with additional retainers to reflect their increased responsibilities, time commitments and exposure to heightened scrutiny.; Leading Practices for the Board To ensure an organization’s board finds qualified directors, members should construct an appropriate peer group, benchmark pay and leverage the expertise of their compensation consultant, King said.

Facebook might be the most high-profile example of the tricky nature of setting compensation for workers performing similar jobs in different locations.

These roles involve hands-on work and require deep domain expertise, consultation skills, standard-setting, and complex, often cross-functional problem-solving.

Then set specific targets going forward to improve on these weak areas, and create a series of milestones to mark your progress.

Having strong analytics and pay administration is more important than ever when addressing compression, she said, and employers need to be deliberate in setting their annual salary budgets.

In addition, the continuing consolidation of healthcare providers into fewer, larger systems has given them greater ability to work with insurers in setting reimbursement levels.

He noted that employers offering unorthodox perks may lessen the stress of commuting to the office and working set hours, as well as move the needle on creating or bolstering a company’s culture.

Instead of relying on information supplied by a vendor, the process of calculating ROI typically involves conducting an actuarial investigation using a cohort analysis, a method of grouping and examining data based on shared characteristics of a specific set of individuals, according to Ihrke.