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

HR Digest

Tech companies are bringing new ideas to the market every day, new innovative products that have changed the daily use of technology. However, one thing hasn’t changed much in the past ten years – the salaries of employees working for these tech giants. Still, there is an amount of uncertainty as regards pay raises.

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

Hppy

Take tech giants like Google for instance; they famously provide their staff with free meals, gym access, unlimited paid leave time amongst other perks resulting in lower turnover rates compared to average technology firms. And it’s not just tech giants that can follow suit.

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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? State-of-the-art Technology. Performance Bonus.

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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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12 Rewards & Recognition Ideas in the Manufacturing Industry to Improve Engagement

Empuls

Employees whose suggestions are implemented can receive financial rewards, recognition, and even the opportunity to work on the implementation team.  Wellness and health incentives Promote employee well-being by recognizing those who actively participate in health and wellness initiatives.

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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? State-of-the-art Technology.

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What is Employee Engagement? Everything You Need To Know

Vantage Circle

Help your employees be comfortable sharing concerns. Ensure employee well-being. Use people-centered technology. Employee engagement has an emotional connotation to it. Prioritize Employee Well-being. A Gallup research has shown that employee engagement and well-being are reciprocal to each other.