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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

It is a type of motivation that all employees expect from their organization. Pay still remains one of the most impactful motivators that make an employee refrain from moving to greener pastures. What would happen if your employees knew that behind every great job they do, there is a tangible reward waiting for them at the end of it?

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Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

As an HR professional, you’re well-versed in working on multiple projects at once. 401(k) plans, profit-sharing plans and money purchase plans) increase to $69,000 (up $3,000) Annual compensation limit (applicable to many retirement plans) increase to $345,000 (up $15,000) However, two areas remain unchanged for 2024.

401(k) 52
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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

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. In this article, you will learn: What are your employees looking for through their Total Rewards Strategy. Let’s begin! Table of Contents.

IT 52
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Flexible work arrangements: Balancing employee preferences with organizational needs

Higginbotham

In the 1970s, a NASA engineer, who happened to be working remotely from home, coined the term “telecommuting”. Advances Driven by Technology Many advances in flexible work arrangements were enabled by technology. Job Sharing Like work sharing, the concept of job sharing is based on two employees each working a half shift.

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Profit sharing Profit-sharing programs are designed to distribute a portion of a company's profits among its employees. Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success.

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14 Employee Engagement Activities for Blue Collar Workers to Motivate and Empower Them

Empuls

Employee engagement can help address many of these challenges by creating a more supportive and motivating work environment. In this program, seasoned employees are paired with new hires to provide guidance, share insights, and offer support during the onboarding process.