Remove Bonuses Remove Employee Retention Remove Human Resources Remove Pay Raise
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How inflation affects pay raises

Business Management Daily

Some saw typical wage growth and bonuses, but most of us received salary cuts as inflation ate up more and more of our paychecks. Companies like American Airlines received billion-dollar bailouts in the Payroll Support Program to make up the difference, but they chose to use the money on executive bonuses and a fleet of new jets instead.

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6 tips for reducing employee turnover

Hppy

There are a lot of different ways that you can show your employees that you appreciate them! Here are just a few: Offer annual bonuses. Provide regular pay raises. Give them benefits, like paid time off or employee discounts. Consider holding regular pay reviews with all of your staff members, as well.