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Examples of fringe benefits by category

Business Management Daily

A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity.

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Top 5 reasons to check your payslip

cipHR

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. And, what details do we need to check when we do? CIPHR asked payroll expert Jon Lee for some pointers.

Pension 98
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How Can Employers Help Employees With the Cost of Living Crisis?

Empuls

Studies in the UK established that only a small portion of companies were paying a short-term solution, such as a hike in wages or salaries or a one-time bonus that helps employees battle inflation in the economy. For example : Adobe , in response to the cost of living crisis in the UK, is introducing a hybrid work model for its employees.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate. Interviews.

Salary 105
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Top non-monetary ways to recognise your employees

Hppy

Many employers assume that a bonus or salary increase is the way to their employees’ hearts. While salary is important, money isn’t the only thing that matters when it comes to work. Not every member of your team will want to work from home every day, but most will appreciate having more options.

Bonuses 36
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Two in five employees are working extra hours as cost-of-living crisis bites

cipHR

New research suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022. Take part in our Evolving World of Work survey

Food 52
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Performance Management: All You Need to Know

Bayzat

It is important to use the following reward systems: Salary increases – the obvious but not the only perk employees want. Flexible work arrangements – including work from home or extra time off. Bonuses – monetary bonuses can be a great added extra.