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Google Execs tell workers they won’t raise pay to match inflation

HR Digest

Therefore, other firms could lure potential employees away. Despite this, even though the tech giant does not promise to pay raises in line with inflation, it has been on a streak of benefits in recent years following a corporate poll that revealed a decrease in Google employee well-being during the pandemic. .

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Employee Discount Platform: A Simplified Guide with Best Practices

Empuls

   Additionally, a Glassdoor survey revealed that 79% of employees would choose new or additional benefits over a pay raise. These statistics underscore the effectiveness of employee discount programs in attracting and retaining top talent. 

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How to fix low employee morale before it becomes a problem

Business Management Daily

Does your company offer inflation raises as well as regular pay raises? Fair pay was a given, promotions were expected, and pensions were the incentive for years of loyalty with one employer. Remote teams do remote work, and they no longer feel that their employers value loyalty.

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Top 3 Hiring Trends for 2020

Best Money Moves

How employers are planning to expand recruitment efforts to attract and retain the right talent in a tight labor market. Employers are ready to pay up to combat the skills shortage in the new year. . Hays drew from a national survey of more than 3,500 employers and employees across the U.S. for their latest report.

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Empowering Equality: Navigating the PoSH Act 2013 for Safe Workplaces

Qandle

Employers are obligated to file annual compliance reports, with penalties for non-compliance. It includes not only the physical office space but also extends to any location where an employee performs work-related tasks. Employers have a significant responsibility under the Posh Act.

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The Role of Employee Benefits in Talent Retention: A Comprehensive Guide for HR Professionals

Hppy

Furthermore – as reported by Gallup – 49% of employees are thinking about leaving their job, and only 27% would recommend their employer to others. As you can see, retaining key players in your team means more than just paying competitive salaries. And it’s not just tech giants that can follow suit.

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Unlocking the 23 Benefits of Employee Engagement in the Workplace

Vantage Circle

Improves Retention Rates According to a 2021 study, 73 percent of employees would consider leaving their jobs even if they weren’t looking for a job at the moment. Some reasons are lack of recognition, internal office conflicts, and lack of pay raise. Employees join a company with expectations and desires.