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The Payday Puzzle: Solving Employee Compensation and Benefits

HR Digest

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

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Employee Compensation: Hazard Pay, Leave and Employee Satisfaction

Flimp Communications

Employee satisfaction is an area taking a bit of a hit. Several industries have workers striking (or threatening to strike) over working conditions, employee compensation and leave or healthcare benefits. HR and company leadership should always be upfront and honest about employee compensation.

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Employee Benefits Success is All About Communication

Best Money Moves

Employee benefits success is all about communication. A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcare benefits, but almost half of employees don’t even understand the benefits their employer already offers.

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A Quick And Simple Guide To Compensation Planning

Vantage Circle

Learn more about types of compensation strategies here: Employee Compensation: How To Pay Employees? A compensation plan will impact many policies related to payroll, fringe benefits, and other pay-related matters. Ensure All Policies Are in Place. Plan A Communication Strategy.

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