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

HR Digest

According to audio of an internal Google meeting obtained by CNBC, Google has made it clear to its employees that it will not raise salaries across the board in response to inflation. . Inflation and Employee Salary in The Tech Industry . The tech industry has grown exponentially throughout the past decade.

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How to Recruit Top Talent without Treating It Like a Chore

HR Digest

Competitive salaries are a no-brainer when it comes to establishing a strategy on how to recruit top talent. But for companies that do not have the current funds to support competitive salaries, there can be many other ways to support their employees. but benefits can be stacked up in other ways as well.

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Evolving with the Shifting World of Employment Benefits

HR Digest

Seek inputs from industry experts and work with them to create an employee benefits guide for your business Innovative Employment Benefits to Offer at Your Organization The Conference Board ’s CHRO Confidence Index found that 42 percent of surveyed companies were planning to offer new well-being benefits this year.

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Cost of Living Bonuses for Employees in the UK: What Employers Need to Know

Empuls

A cost of living bonus, often referred to as a COLA (Cost of Living Allowance) or a living wage supplement, is a financial incentive provided by employers to help their employees offset the rising costs associated with living in a specific location or region. Inflation : Inflation can erode the purchasing power of people's incomes.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll. Free food or drinks. Fitness or wellness stipends.

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Personalized Benefits Are The Key to Successful Employee Engagement

Benefit Resource Inc.

With numerous options available, employees are demanding more than just a good salary. A well-structured employee benefits program can be a make-or-break factor in attracting and retaining top-performing employees.

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10 Basic Employee Needs And How To Meet Them

Vantage Circle

Regularly accessing your employees' salaries ensures that your salaries are competitive and live up to the benchmarks against the industry average. Regular assessment of salaries will give you confidence in your organization and discourage employees from looking elsewhere to fulfill their basic needs.