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Employee bonus programs: What’s right for your company?

Insperity

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. Spot bonus.

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What are fringe benefits? What employers need to know

Insperity

It’s one more way to signal that you’re an employer of choice. Job hunters typically compare fringe benefits their target companies offer – they’re an important factor in choosing an employer. At the same time, current employees may compare your offerings against a prospective new employer. What mistakes do employers make?

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7 strategies for a successful total rewards program

Insperity

It doesn’t just entail traditional salary structures, but additional elements that contribute to employee well-being, job satisfaction, and personal growth and development. Career growth and development: Such programs provide employees with opportunities to advance their skills and enhance their employability.

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6 ways to make sure your employee bonus program doesn’t fail

Insperity

But, if you’re like most employers, sustaining this happiness can be a struggle. Year-end bonuses – These are often tied to individual performance milestones and are paid out in one lump sum. Pros: Enables you to connect a portion of salary to pay for performance. Simple enough, right? Not always. Know your workforce.

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How professional employer organization (PEO) pricing works

Insperity

If you’re considering entering into an agreement with a professional employer organization (PEO) , chances are you have questions about how PEO pricing works. What is your employer overhead? Employer overhead (in excess of compensation) typically costs between 1.25% and 1.4% of an employees’ salary, according to the U.S.

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7 ways to support employees during economic inflation

Insperity

In the post-COVID workplace , employees tend to have much higher expectations of their employers, including the frequency and breadth of communications. Of course, there’s always the option of raising salaries commensurate with inflation. It can have a wide-ranging negative impact on your workforce and, ultimately, your business.

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A complete guide to winning job offers

Insperity

A job offer is much more than a procedural formality — it lays the foundation for a successful and harmonious employer-employee relationship in the future. involves not only presenting a competitive salary but also showcasing your company’s employee value proposition. Find out what’s most important to the candidate.

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