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How to tackle wage growth and remain competitive in a tough market

Insperity

Whether you realize it or not, if you’re hiring employees or giving out pay raises, your company already has a compensation philosophy. Because it: Serves as the foundation and principles for how your company pays its people. Examine why your pay practices are in place. So, why do you need a formalized strategy?

Salary 98
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How to tackle wage growth and remain competitive in a tough market

Insperity

Whether you realize it or not, if you’re hiring employees or giving out pay raises, your company already has a compensation philosophy. Because it: Serves as the foundation and principles for how your company pays its people. Examine why your pay practices are in place. So, why do you need a formalized strategy?

Salary 82
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Which Job Perks Do Employees Value?

HR Digest

Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise. This article first appeared in the April 2019 issue of The HR Digest magazine. While some businesses, like JPMorgan Chase & Co.,

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Promotion without a raise? Experts weigh in

HR Digest

The hope of getting a pay raise with promotion is a less-attractive proposition these days. As the coronavirus outbreak spreads, many workers’ will find themselves getting a promotion without a raise than a salary increase with no promotion. There are a handful of reasons why employers give promotions without raises.

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Overcoming seasonal impacts on employee motivation

Insperity

Obviously, holiday bonuses or pay raises for the new year can be a major morale boost, but don’t underestimate the power of expressing sincere gratitude for jobs well done. That can mean: A thoughtful note A simple box of chocolate An elaborate, full-blown Thanksgiving feast with employees and their partners.