HR Digest
MAY 29, 2023
Fringe benefits are the additional compensation that companies offer to an employee, over and above the salary for doing a particular work. Advantage of using fringe benefit is to help the employers to recruit, motivate, and keep high-quality people. As an employer one needs to understand what fringe benefits are.
Winston Benefits
JANUARY 8, 2019
In 2019, employers will need to offer more than a competitive salary, paid vacation and a 401(k) plan to recruit prospective job candidates and retain top employees. Unemployment is low and the economy is strong, even with recent volatility in the stock market.
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Insperity
OCTOBER 4, 2016
According to a study by the Society for Human Resource Management , replacing an employee could cost you up to five times the annual salary of the now vacant position. Who do you rely on to recruit the new people? Their high-dollar salaries are now being spent on recruiting. What about the losses that are not so obvious?
HR Digest
MARCH 5, 2020
For this type of HR interview question, never say, “This is the first job interview the recruitment agency gave me.” What are your salary expectations?” If possible, give a salary range that applies based on your work experience, education, and skills. 2. Why would you like this job?
PeopleStrategy
SEPTEMBER 17, 2019
No one knows this better than HR professionals who often are tasked with recruitment, applicant tracking and onboarding. While salary is still important (we all have bills to pay!), And, in cases where the salary offers are similar, the better benefits package will most likely win.
Business Management Daily
JULY 12, 2021
Alternatively, some companies do allow candidates to negotiate additional vacation time as part of their salary negotiations. This may lead to a less equitable disbursement of paid vacation among staff members. Attractive to potential recruits. Work-life balance is important to today’s candidates.
Empuls
OCTOBER 17, 2022
A departing employee can cost a company 1.5 - 2 times the employee’s salary. It isn’t always about salary either. For example, paid gym memberships, personal days, and stock options motivate employees and foster buy-in. There are also “soft costs” to consider.
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