HR Digest
OCTOBER 9, 2023
can look forward to their pay raises in 2024 as reports and predictions begin to come in. Aggressive pay raises in 2024 still seem imminent but the compensation numbers are slowing down from last year. Aggressive pay raises in 2024 still seem imminent but the compensation numbers are slowing down from last year.
Business Management Daily
JANUARY 6, 2022
That means it’s a great time to start thinking about pay raises. Pay raises are particularly important going into 2022 as turnover rates continue to soar. Employees that feel undervalued or underpaid will not stick around long, so do your best to provide annual salary raises. How to determine pay raises.
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Business Management Daily
APRIL 16, 2024
A merit increase or merit raise refers to a pay increase based on an employee’s performance. Merit pay is a permanent increase to an employee’s base salary and tends to go hand-in-hand with regular performance reviews. In other words, not every employee will receive the same size of an increase to their salary.
HR Digest
OCTOBER 5, 2020
The hope of getting a pay raise with promotion is a less-attractive proposition these days. As the coronavirus outbreak spreads, many workers’ will find themselves getting a promotion without a raise than a salary increase with no promotion. There are a handful of reasons why employers give promotions without raises.
HR Digest
JANUARY 19, 2023
Are you ready for a pay raise? It looks like it’s raining raises in corporate Japan as more and more companies are announce a pay increase as a response to the call from Japan’s Prime Minister for companies to help employees struggling with rising inflation costs.
Employee Benefits
JULY 25, 2023
You can aid your employees and business in saving considerable amounts: If you neglect to periodically review your pension, your company might be losing money that could be allocated towards pay raises or bonuses. Defined benefit pensions guarantee a specific retirement income based on factors like salary and length of service.
Business Management Daily
MAY 8, 2024
Legal Issues to Consider When Crafting Job Descriptions Compliance concerns govern what you should or should not include in job descriptions. Highly compensated employee exemption: Employees are considered highly compensated if they earn at least $684 per week paid on a salary or fee basis, and at least $107,432 in total annual compensation.
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