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The New Normal for Employee Raises: What to Expect in 2024

HR Digest

According to a salary budget survey conducted by Payscale, more than three-fourths of U.S. companies were planning to increase salaries the same as or more than the previous year. The survey also revealed that 22% of companies intended to cut the amount dedicated to salary increases in 2024, a significant jump from the previous year.

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Top 10 Employee Perks Programs for 2024

HR Lineup

Employee perks, also known as employee benefits or fringe benefits, are additional incentives provided by employers to their employees beyond their regular salaries or wages. Leading companies are providing: Tuition Reimbursement: Covering the cost of higher education and specialized courses. What are Employee Perks?

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How to prepare the workplace for a coronavirus pandemic

Business Management Daily

Employee education on how to prevent spreading infection. Key FLSA rules for paid leave, working from home and sick time. Your sick leave policy can allow employees to work from home, if they’re up to it. This should be indicated on your sick leave request form. You’ll be able to act quickly should the need arise.

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What are Total Rewards: Here’s A Holistic View

Empuls

"   -   Keith Reynolds PepsiCo By taking a total rewards approach - a combination of salary, benefits, incentives, rewards, and engagement- the whole shebang, focusing on all aspects of the employee’s wellbeing. Paid leaves. Educational stipend. Variable pay. Overtime wage. Supplementary pay.

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Employment Law in Albania

Global People Strategist

If that is not done, an employer can be fined up to thirty times the value of the minimum monthly salary. No one can be discriminated on the grounds of gender, race, religion, ethnicity, language, political opinions, religious or philosophical beliefs, or educational, economic, social status. Maternity Leave. Employment Terms.

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15 Employee Benefit Examples from Great Companies

Empuls

They also offer generous parental leave policies, allowing new parents to take up to 18 weeks of paid leave. Furthermore, Patagonia provides excellent parental leave policies , offering up to 16 weeks of paid leave for both new mothers and fathers.

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11 Actionable Ways To Boost Employee Morale In 2023

Vantage Circle

The cost of absenteeism is roughly $3,600 and $2,660 per year for hourly and salaried workers, respectively. 2 times the employee's salary. You will see the resulting effects in a reduced number of absentees, paid leaves, and employee turnover. Train and educate your managers and help them understand why it matters.