Employee Benefits

AUGUST 2, 2023

Remember that salary and compensation are only part of the total reward picture. Employers are in no doubt as to how soaring inflation and a cost-of-living crisis are impacting their employees’ finances, health and wellbeing. Need to know: In challenging times, it is important to foster trust in the workplace.

Salary 98

Salary Management Education Finance 98

HR Lineup

APRIL 19, 2024

In this comprehensive guide, we will delve into the various types of equity compensation, how they work, their tax implications, and their impact on both employees and employers. Equity compensation is a powerful tool used by companies to attract, retain, and incentivize employees.

Equity Compensation 79

Equity Compensation IT Taxes Compensation Equity 79

Achievers

MAY 26, 2015

by Andrea Vearncombe, Total Rewards Manager, Achievers. Do you give your employees big annual bonuses as a reward for their work? There’s a psychology behind rewards and incentives that you need to understand before you can create an effective bonus structure. Reward more with less. Too little, too late.

Bonuses 186

Bonuses Salary Management Employment 186

HR Lineup

MARCH 29, 2024

Employees are the backbone of any organization, driving its success and growth. However, their value goes beyond just their salaries. To truly understand the financial impact of hiring and retaining employees, organizations need to consider the comprehensive cost of employing them.

Salary 52

Salary Retirement Plan Taxes Health Insurance 52

Empuls

FEBRUARY 29, 2024

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. It helps ensure fair compensation for employees and offers a competitive advantage. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.  

Salary 40

Salary Media Engineering Software 40

Vantage Circle

MAY 17, 2023

Are you familiar with the management philosophy of holacracy and how it’s transforming the way organizations operate? How does it distribute power and decision-making authority in a workplace? What benefits can it offer compared to traditional hierarchical structures? What is holacracy?

Government 98

Government Food Construction Management 98

Vantage Circle

JULY 13, 2021

A Comprehensive Guide to Total Rewards (And How to Master It). This hands-on guide on Total Rewards will unveil the core fundamental areas and give a solid foundation for your Total Rewards strategy. How to manage all aspects of employee compensation, reward, and recognition.

IT 52

IT Bonuses Employee Retention Benefits Package 52

Employee Benefits

MARCH 3, 2022

Author: Louise Haines, Managing Director of Henley Reward Consulting. After two years of the pandemic when everyone was looking inwards both at home and at work, the world has opened back up with people now reassessing their life and how they view work. But how sustainable can all this be?

Consulting 52

Consulting Salary Finance Recruitment 52

Insperity

NOVEMBER 14, 2023

Your human resources (HR) budget encompasses a wide variety of initiatives directly impacting your people and, therefore, your business success. In this complex landscape, which HR trends do you need to be aware of? In this complex landscape, which HR trends do you need to be aware of? 6 HR budget items to prioritize 1.

Salary 102

Salary Recruitment Human Resources Technology 102

Empuls

DECEMBER 18, 2023

  In this blog post, we'll explore proven strategies to boost employee retention in the insurance industry, empowering you to keep your valuable team members amidst the intense competition in the insurance market. Employee retention is a critical factor in the success of insurance companies. 

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40

Empuls

OCTOBER 11, 2023

Rewards and benefits were different commodities in the pre-pandemic world. With employee morale affected, depression on the upswing, and rising insecurities, organizations must rethink their employee rewards and benefits strategy for a healthy workplace—be it virtually or within an arm’s reach.

Bonuses 52

Bonuses Medical Insurance Salary 52

Vantage Circle

MAY 29, 2023

Although 90% of business leaders think sustainability is important, only 60% of companies have a sustainability strategy. B Lab But how can you build a workplace that's sustainable for people and your bottom line? People sustainability in the workplace means simultaneously taking care of your employees, community, and bottom line.

Health and Welfare 89

Health and Welfare Education Government Electronics 89

Empuls

OCTOBER 4, 2021

"How do we create compensation and benefits programs that can help us to attract the right talent, retain that talent, and help to engage that talent now and in the future?" ” - Josh Bersin, Bersin by Deloitte Why do we need a total rewards approach To begin with, what are total rewards?

Bonuses 52

Bonuses Paid Leave Salary Benefits Package 52

Business Management Daily

JUNE 6, 2022

As in-house opinions regarding employee compensation practices vary, smart businesses spend time developing a compensation strategy as a vital component of their overall business strategy. Considerations when composing your compensation strategy. How do competitors compensate their employees? Encouragement.

Salary 52

Salary Human Resources Retirement Plan Health Insurance 52

Achievers

OCTOBER 20, 2016

Remember that recruiting is only half the battle — ensure your structure is also set up to effectively retain new and old employees alike. #6: How do you welcome and onboard new employees? You can never overestimate the value of a well-designed engagement strategy. #9: . #1: Unsuccessful New Hires Haunting Your Halls.

Human Resources 155

Human Resources Recruitment Education Employee Retention 155

Vantage Circle

AUGUST 11, 2021

It is now widely understood that traditional reward programs are no longer sufficient for today’s workforce, especially for Millennials and Gen Z. An employee incentive program is a program designed to reward employees for achieving company performance goals. Tangible rewards (merchandise, travel, cash).

Employee Incentives 52

Employee Incentives Bonuses Employee Retention Finance 52

Vantage Circle

AUGUST 21, 2022

In this post, we'll share practical tips on how HR leaders can positively influence sales team performance, thus helping businesses thrive. Understand their challenges and existing sales strategy. The human resource team plays a significant role when it comes to hiring talent management.

Human Resources 105

Human Resources Healthcare Benefits Salary Healthcare 105

CorpStrat

JANUARY 27, 2023

This article explores today’s top compensation trends and how employers can best compete in the labor market looking ahead to 2023. While employers are exploring more competitive compensation strategies, wage raises still lag behind the current rate of inflation. Organizations are facing evolving talent challenges.

Salary 52

Salary Payroll Manufacturing Commissions 52

Empuls

DECEMBER 7, 2021

In the context of this blog, they created waves with their employee rewards and recognition programs.  Each  Each one of them is a forerunner in using one or multiple forms of rewards and recognition to motivate their employees, and most importantly, to align and nudge their people towards the work culture they seek to build.

Employee Recognition 52

Employee Recognition Bonuses Salary Retail 52

Bayzat

APRIL 5, 2024

Furthermore, we will provide actionable strategies that organizations can adopt to attract and retain top talent in the region. Before discussing strategies to attract and retain top talent, it is important to define these terms. This scarcity isn’t just a fleeting trend but a long-term issue for the nation’s progress.

Salary 52

Salary Benefits Package Utilities Recruitment 52

Vantage Circle

SEPTEMBER 8, 2021

One of the most important aspects of organizational planning is having a compensation plan that rewards employees and provides competitive pay. The bottom line is that the better your compensation strategy is, the better your retention rates. The first step is understanding how much your employees cost you.

Salary 52

Salary Health Overtime Employee Compensation 52

Vantage Circle

SEPTEMBER 26, 2021

While phantom stocks may sound good right now, there are many things you should know before you give phantom shares to your employees, including how they work and the tax implications. In this article, I will help you understand what phantom shares are, why they're different from other types of equity, and how to set them up.

Employee Stock Option 52

Employee Stock Option 401(k) Taxes Bonuses 52

Empuls

SEPTEMBER 29, 2023

The hum of a call center – a synchronized symphony of ringing phones, typing keyboards, and countless voices connecting with clients from around the globe. It’s a fast-paced environment where each day is as unpredictable as the next. High attrition rates have long plagued the call center industry. The numbers don't lie.

Telecommunication 40

Telecommunication Benefits Package Salary Bonuses 40

Abel HR

DECEMBER 22, 2020

By ensuring that you structure an employee review properly, you bring the business forward. Maintaining day-to-day business operations means employee productivity should be topnotch. And to oversee the employees’ overall performance, employers must do a regular employee review. KPIs vary depending on the role of each employee.

Pay Raise 52

Pay Raise Overtime Engineering Finance 52

Vantage Circle

SEPTEMBER 16, 2021

In the US, approximately 6501 ESOPs hold a total asset of $1.4 Even though ESOP programs are becoming more popular, there is still some confusion about what they are and how they work. In this article, I will walk you through the basics of ESOPs and how they work. So, without further ado, let's start. Meaning of ESOP.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

Hppy

SEPTEMBER 18, 2017

How big should your team be? How should you spend your personal time? Don’t forget to cover the following questions: Corporate culture – how do they see it. Hiring plan – organizational structure, roles, seniority, priorities. Hiring plan – organizational structure, roles, seniority, priorities.

Media 54

Media Recruitment Technology Management 54

cipHR

MARCH 22, 2022

Despite this, only one in nine (11%) are actively job hunting and interviewing for a new role. A significant majority (78%) also share the view that their salary increase doesn’t match the rising cost of living in the UK, with higher inflation causing real wages to fall over time. The majority (63%) of workers, however, are likely to stay put.

Salary 52

Salary Payroll Recruitment Health 52

Vantage Circle

JANUARY 31, 2023

In this blog, we will dive deep into the business core values of 10 well-known companies and understand how they have transformed their values into reality. Let me guess. Your organization is planning to create a new set of core values or revamp the existing ones. Don’t worry. We have your back. Here's something to consider.

Entertainment 104

Entertainment Construction Technology Management 104

Vantage Circle

APRIL 30, 2021

As an employer, you must understand the importance of rewards and recognition for every employee. Recognizing employees is an essential part of your HCM strategy. If we were to combine office hours and family chores, an average working mom puts in a total of 98 hours a week. Image Courtesy- Unsplash. Image Courtesy- Unsplash.

Work From Home 52

Work From Home Employee Benefits Food Employee Retention 52

Insperity

DECEMBER 28, 2015

As such, it is important to identify the motives of departing workers and devise an effective retention strategy. No matter how much someone loves working for you and believes in your business, if they are presented with a better offer, they will likely consider leaving. Here are four of the top reasons many good employees resign: 1.

Health 74

Health PTO Benefits Package Salary 74

Insperity

JANUARY 11, 2016

An HR plan gets your people ready to execute on your business strategy and goals. A good HR plan should also include a succession plan, so you can limit disruptions to your business should there be a change in management or structure. It’s just as critical. Assess your current workforce. Continuing education history.

Human Resources 52

Human Resources Recruitment PTO Education 52

Insperity

JANUARY 11, 2016

An HR plan gets your people ready to execute on your business strategy and goals. A good HR plan should also include a succession plan, so you can limit disruptions to your business should there be a change in management or structure. It’s just as critical. Assess your current workforce. Continuing education history.

Human Resources 46

Human Resources Recruitment PTO Education 46

Vantage Circle

MAY 6, 2024

In this blog, we explore some of the top employee experience software platforms, delving into their key features, pricing models, and how they can transform your organization’s work environment. Recognition and Rewards : Enables managers and peers to acknowledge and reward employee achievements.

Software 107

Software Employee Recognition Payroll Health and Welfare 107

Vantage Circle

MAY 2, 2023

That's where reward segmentation comes in. So, does it really make sense to have a blanket reward system for your entire workforce? If you want to keep your employees happy and motivated, doesn't it only makes sense to customize your reward approach based on their needs? What Is Reward Segmentation?

Bonuses 96

Bonuses Retirement Plan Retail Employee Retention 96

Achievers

AUGUST 3, 2020

This translates to a better bottom line : companies with highly aligned cultures and innovation strategies see 30 percent higher enterprise value growth and 17 percent higher profit growth. How to define and live by your company values. Have you ever walked into work knowing without a doubt that what you did mattered?

Family and Medical Leave Act 261

Family and Medical Leave Act Healthcare Health Employee Recognition 261

Vantage Circle

DECEMBER 19, 2022

Building a good company culture can be difficult, but given how companies like Wipro and Apple have transformed by fostering a great company culture, it's safe to say that your efforts will be rewarded in manifolds. A toxic work culture is just how it sounds; appalling at its worst! What is Company Culture?

Construction 96

Construction Management Work From Home Employee Retention 96

Employee Benefits

DECEMBER 14, 2022

This looks set to continue into 2023, with employers forced to re-examine what their reward package offers their workforce and how they can improve it. This looks set to continue into 2023, with employers forced to re-examine what their reward package offers their workforce and how they can improve it.

Pension 64

Pension Parental Leave Healthcare Government 64