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3 Types of Compensation Packages To Consider and Why

Achievers

Some folks are hourly, some are salaried, and depending on what role they play, others receive bonuses or commissions based on their performance. Here are the three most popular types of compensation packages and a few notes on who might be most attracted to them. Straight salary compensation. Simple, right?

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How to conduct a compensation and benefits review

Higginbotham

Companies depend on their compensation and benefits package to attract talent. On the other hand, if you offer benefits that no one really wants or cares about, you’re wasting money. You need to get it just right, and a compensation and benefits review can help. Employee Benefit Needs Have Changed.

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How to Run an Employee Discounts Program Effectively

Empuls

Employee discounts have become increasingly popular in the modern workplace and for good reason. They provide a win-win situation for both employers and employees. Attracting and retaining talent Employee discount programs can also be used as a tool for attracting and retaining top talent. Book a demo with us now.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

In this article, you will learn: What are your employees looking for through their Total Rewards Strategy. How to approach a Total Rewards Strategy that ensures benefits for both employees and employers. How to manage all aspects of employee compensation, reward, and recognition. Compensation.

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Performance Management 2.0: Improving Your Employee Motivation Strategy

15Five

In my book, Next Generation Performance Management , I differentiate between Performance Management 1.0 (PM To learn more, you can watch the full webinar, Performance Management: Addressing Ratings and Compensation , or read the highlights: Progressive Performance Management: Why Your Employee Compensation Strategy is Holding You Back.

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). These phantom shares are credited to the company's books.

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