Management How can increased diversity result in higher economic performance? A company provides three months of paid parental leave for new parents both men and women, what type of compensation is this? How is this company considering diversity in their compensation? Diversity is a principal factor to HR decisions, please describe how diversity can impact different HR functions. XYZ company surveys employees every year to improve the working environment from a compensation and benefits perspective. For example, they help employees with providing college loans, they also provide more family leave for people who have kids. They also change the basic salary based on the location, in locations where rent and prices are high, they increase the salaries.
Management
How can increased diversity result in higher economic performance?
A company provides three months of paid parental leave for new parents both men and women, what type of compensation is this? How is this company considering diversity in their compensation?
Diversity is a principal factor to HR decisions, please describe how diversity can impact different HR functions.
XYZ company surveys employees every year to improve the working environment from a compensation and benefits perspective. For example, they help employees with providing college loans, they also provide more family leave for people who have kids. They also change the basic salary based on the location, in locations where rent and prices are high, they increase the salaries.
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