HR Digest

DECEMBER 2, 2023

In her book Keeping the People Who Keep You in Business , Leigh Branham recommends companies actively work to retain key employees, at least the top 80 percent. Bonuses for top performers and performance reviews with the chance of a hike are also good motivators. Here, other forms of monetary compensation are useful as well.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

SnackNation

MAY 13, 2016

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]. 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. Performance bonuses are a fantastic way to do just that. Performance bonuses are a fantastic way to do just that.

Pay Raise 73

Pay Raise 401(k) Food Health Insurance 73

Vantage Circle

NOVEMBER 30, 2022

The survey also found that 80% of employees would choose additional benefits over a pay raise. In addition to the employee's salary and bonuses, an employer may pay it directly or indirectly. Timely And Frequent Bonuses. Employee rewards tied to specific tasks are referred to as task-based bonuses.

PTO 106

PTO Profit Sharing Plan Bonuses Paid Leave 106

Vantage Circle

AUGUST 23, 2018

Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Below listed are some employee benefits which employees feel are better than pay raises: Health Insurance. Bonuses through Time-Off. Paid Sick Leaves.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Vantage Circle

AUGUST 23, 2018

Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. These are done through various methods like pension schemes, 401(k)s and more. Bonuses through Time-Off. Paid Sick Leaves.

Employee Benefits 45

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 45