HR Digest

APRIL 13, 2023

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

Employee Compensation 64

Employee Compensation Retirement Plan Profit Sharing Plan Commissions 64

HR Digest

DECEMBER 2, 2023

Leading companies like Microsoft and Google are known for providing exceptional compensation to their employees, but not every business can afford top dollar to fill every role. Bonuses for top performers and performance reviews with the chance of a hike are also good motivators.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Empuls

OCTOBER 11, 2023

In contrast, organizations that prioritize recognition and rewards experience a 31% lower voluntary turnover rate. Here are the effective ways to reward employees for good performance. Performance bonuses Performance bonuses are a common and effective way to reward employees for their outstanding work.

Bonuses 40

Bonuses Retail Food Benefits Package 40

Achievers

OCTOBER 20, 2020

Disengagement is cropping up at many companies, and can stem from overexhaustion, ineffective management, or misalignment throughout an organization. Employee engagement should be a huge concern ? Incentivizing employees effectively requires both social and monetary recognition ? Profit sharing.

Employee Incentives 266

Employee Incentives Profit Sharing Plan 401(k) Bonuses 266