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The purpose of statistics in compensation is to provide mathematical tools to objectively identify and describe how much jobs are worth and how to pay employees in the context of organizational goals. Compensation professionals are tasked with making a business case for a recommendation to change pay or pay program by analyzing the underlying assumptions, pulling data from the right source, and preparing concise conclusions for the management team. WageWatch reports its data in several ways. The Benchmark report is a fast and easy way to report on national, regional, state, and city market cuts of data. The PeerMark report is our advanced tool that allows the survey subscriber to build custom competitive sets at a granular or niche market level.
(WageWatch) Read the complete article
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Top Stories: Lodging & Gaming
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Benchmark Hospitality International announces the Top Dining Trends for 2013
Benchmark Resorts & Hotels and Personal Luxury Resorts & Hotels, has just released its Top Dining Trends for 2013. The trends were observed by Benchmark's executive chefs and culinary experts at the company's 39 luxury hotels, resorts and restaurants coast to coast and off shore. These range from the luxurious Bardessono in Napa Valley to the landmark Turtle Bay Resort on Oahu's North Shore to the extraordinary ONE Bal Harbour Resort & Spa in Miami and the exotic Santa Barbara Beach & Golf Resort, Curacao. -
(Travel Daily News) Read the complete article
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Healthcare Robotics: Patently Incredible Inventions
According to the Japan Robotic Association, medical care will be one of the largest markets for robots in 2025. The coming technologies can have disruptive influences in operating rooms as much as personal computers had in offices decades ago. From steerable micro-robots traveling in our veins to precision robots guiding surgeons in the operating room, the possibilities start to force the limits of our imagination.
(Information Week) Read the complete article
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Health Care 101: Dealing With a Medical Error
Making a medical error is the most feared consequence of practicing medicine. From misreading lab values to doing surgery on the wrong site, any slip in clinical judgment can potentially cause serious injury or even death. A landmark study conducted by the Institute of Medicine (IOM) demonstrated that medical errors in the U.S resulted around 75,000 unnecessary deaths and more than one million excess injuries each year.[1] Despite this data, it is remarkable that medical errors are made every day and usually result in little to no negative patient outcomes.
(The Huffington Post) Read the complete article
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FLSA: Work Done During Breaks May Violate Law
Three registered nurses and an administrative assistant who worked for Boston Medical Center (BMC) filed a lawsuit claiming the Center deliberately used a "combination of unlawful pay practices and timekeeping policies" to deprive them of pay, including a timekeeping system that automatically deducts pay for breaks. They also charged that the BMC did not allow them to record time worked beyond their shifts and denied them pay for required training sessions.
(HR.BLR) Read the complete article
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Top Stories: Human Resources
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