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Want to Show Employees the Money? Here’s How to Calculate a Raise

Patriot Software

Only 19% of employees are comfortable with their rate of pay. To avoid losing your top employees, you might consider offering pay raises. Learn about criteria for raises, when to give salary raises, and how to […] READ MORE. And, 54% say they would leave their job to make more money elsewhere.

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Choosing the best workplace pension for your business

Employee Benefits

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.

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Workers in North West most likely to be researching pay rises online

cipHR

Online searches about pay rises have almost doubled in 2022. . A recent study by HR and payroll software provider Ciphr found that more people living in the Midlands and North of England search online for information and advice about the cost-of-living crisis than anywhere else in the UK.

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Top 10 Benefits of Remote Working for Employers

HR Lineup

You also need to compensate them accordingly through salaries and other benefits that may deem fit. . Most of them will prefer telecommuting to pay raises. . This is because remote team members will easily keep in touch through various team management software, getting the feeling of being in an office anyway.

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Is Your Employee Asking for a Raise? Here’s What to Do

Patriot Software

At some point, your employee may ask for a higher salary or hourly wage. Although raise conversations can be uncomfortable for both you and the inquiring employee, you need to know how to handle them. What do you do when an employee is asking for a raise? What to do when an employee is asking for a raise.

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5 Best Tricks To Enhance Employee Tenure In Remote Working

Vantage Circle

Give generous starting salaries, and progressive pay raises : Maintaining a long, successful relationship with your remote workers can be challenging. Make use of a contract : Signing a contract as part of their hiring process that outlines all the details of their work and salary can be beneficial.

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Does Increasing Female Leadership Help Reduce Gender Bias in the Workplace?

COMPackage

Ensure your female employees are applying for advertised promotions and asking for pay raises. In addition to encouraging more women to fill senior positions or positions of leadership in the organization, you will do well to review salaries and standardize pay. This will help bridge any gender pay gaps.