article thumbnail

STR Group rewards staff with 5% salary increase

Employee Benefits

International recruitment firm STR Group has given its workforce a pay rise worth 5%, an investment of more than £250,000, as of 1 January 2023. Eligible employees are now able to earn commission on all billings, rather than those above a specific threshold. The new commission scheme is also better in every way for me.

Salary 59
article thumbnail

How to Plan Your Recruitment Budget in 2024?

HR Lineup

As we navigate through the evolving landscapes of talent acquisition and workforce management in 2024, the importance of a meticulously planned recruitment budget cannot be overstated. Turnover Rates: Analyze historical turnover rates to anticipate recruitment needs for replacing outgoing employees and minimizing talent gaps.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Capita TVL staff accept pay deal

Employee Benefits

The deal, which applies to the firm’s 165 field staff, increases starting salaries on average by 9.5% from £23,680 to £30,000, provides the option of a company car , and abolishes the long-standing commission scheme for the 139 visiting officers within the field operation. after the commission scheme has been consolidated.

article thumbnail

Pros and cons of pay transparency and the legal requirements around it

Business Management Daily

Employers have been facing all kinds of recruiting challenges and questions over the past few years, including the rising issue of pay transparency. Pay transparency in terms of recruiting often refers to the act of disclosing the salary range for a job that you are posting. What is pay transparency and why does it matter?

Salary 52
article thumbnail

WFH may help recruitment but it won’t stem resignations, research shows

cipHR

HR software provider CIPHR conducted a survey of over 330 British employers last month to discover how the increasingly competitive talent market has affected their staff retention and recruitment drives over the past twelve months. For employers who offer a four-day working week, it’s 73% and 70% respectively.

article thumbnail

New Employment Laws in 2023: A Guide for Employers and Employees

HR Digest

Employment Law Non-compete Clause Earlier this year, the Federal Trade Commission proposed an employment law regarding the non-compete clause, proposing to ban its use across the country. In California , the salaries must be disclosed in any job posting and apply to any organization with at least one employee in the state.

article thumbnail

Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

However, their value goes beyond just their salaries. These include: Base Salary: The primary component of an employee’s compensation, typically determined by factors such as job role, experience, and market rates. Employees are the backbone of any organization, driving its success and growth.

Salary 52