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

HR Digest

While salaries have been increasing only marginally, prices on everything from rent to food continue to go up. The high cost of living in the area means that many employees are forced to commute long distances or find roommates to save money. Still, there is an amount of uncertainty as regards pay raises. Bottom Line.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. So, what non-monetary benefits can you provide to retain these employees? Some more unconventional employee benefits are : Pet-Friendly Office.

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How to Design an Employee Benefits Program Effectively

Empuls

Offering comprehensive employee benefits can improve employee morale and job satisfaction, leading to higher productivity and lower turnover rates. Certain benefits like health insurance can promote employee wellness and reduce absenteeism, which can be beneficial for both the employee and the company.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. So, what non-monetary benefits can you provide to retain these employees? Free food and beverages.