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Utilizing Pre-Tax Benefits to Prioritize Health in 2023

Benefit Resource Inc.

A Health Reimbursement Arrangement (HRA) is an employer funded plan that allows employees to be reimbursed up to certain limits for qualified healthcare expenses such as copays or deductibles not covered by other insurance plans like Medicare or private insurance plans. How Employers Can Help. New Year – New You.

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What financial wellbeing support should be offered around salary advance schemes?

Employee Benefits

It is important that salary advance schemes are explained properly so that staff fully understand how these operate and the costs involved. With financial wellbeing on many employers’ agendas due to the rising cost-of-living, many have been reviewing their pay and financial wellbeing strategies.

Salary 111
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Leave Salary Calculation in UAE

Bayzat

Leave salary calculation in the UAE often raises questions for both employers and employees alike. You might be curious about the payment structure during this period—whether it will be based on your basic salary or if you will receive your salary in full. What is a Leave Salary in UAE?

Salary 52
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Beyond Salary: Strategies to Attract and Retain Top Talent In the UAE

Bayzat

Factors Contributing to the UAE’s Talent Shortage Despite its thriving economy, below are factors contributing to the scarcity of UAE talent in the workforce: Unexpected Salary Expectations The 2022 Hays GCC Salary Guide shows that 21% of employers in the UAE struggle with candidates’ unrealistic salary demands.

Salary 52
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Salary Benchmarking Guide - Importance, Process, Challenges, and Trends

Empuls

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.   Salary benchmarking ensures that employees are paid fairly for their work. 

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The Top 5 Tips on How to Negotiate Salary

Professionals Alternative

Knowing how to negotiate salary is a good skill to have especially when you receive a job offer and the starting salary you are offered turns out to be less than what you were expecting. Best Practices to Consider on How to Negotiate Salary. . 2) Remember Non-Salary Benefits. In this case, you can make a counteroffer.

Salary 52
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Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% In fact, 64% of large employers (with 500 or more workers) plan to enhance their health insurance and well-being benefits to stay competitive for talent and to keep their staff happy, Mercer found. copay plan). copay plan).