HR Digest

APRIL 13, 2023

What is employee compensation? Compensation is the total amount of pay and benefits that an employee receives in exchange for their work. It includes monetary rewards like a base salary, bonuses, commissions, and any other incentives that an organization offers.

Employee Compensation 64

Employee Compensation Retirement Plan Profit Sharing Plan Commissions 64

Achievers

OCTOBER 20, 2020

Organizations that do so are 41 percent more likely to see increased employee retention and 34 percent more likely to increase employee engagement. Perhaps most importantly, make frequent recognition easy for everyone on your team with an employee recognition platform that facilitates recognition from anywhere at the click of a button.

Employee Incentives 260

Employee Incentives Profit Sharing Plan 401(k) Bonuses 260

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