Remove Bonuses and Incentives Remove Career Development Remove Discrimination Remove Retirement
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Compensation Package: A Guide For HR

Digital HR Tech

It can include unique rewards for different job levels, such as mid-level management vs. executives — who are seeking different forms of compensation (performance bonuses vs. equity in the company). Direct compensation includes: Salary or hourly wages Retirement savings Paid time off Health insurance. These are just for starters.

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Is Your Compensation Fair? How to Create a Compensation Plan That Works for Everyone

Zenefits

Health insurance, investment options, bonuses, and development opportunities are all additional forms of compensation that can improve the quality of your total compensation plan. Before you start setting pay ranges and choosing incentives, it’s important to understand how much you can really spend on each employee.

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Ultimate HR Calendar 2023: Key Dates (+How To Celebrate Them)

Vantage Circle

International Day of Elimination of Racial Discrimination: March 21, 2023, Tuesday. Re-evaluate the retirement plans of your employees and curate a perfect plan for them. (Tip: Do something nice for the workforce, like appreciating them with monetary incentives. National Career Development Month.

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Guide to Hiring Employees in Colombia

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Discrimination and Harassment: Colombian labor laws prohibit discrimination based on gender, race, religion, disability, or other protected characteristics. Fixed components are the base salary, while variable components may comprise bonuses, commissions, and other performance-related incentives.

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Guide to Hiring Employees in Kosovo

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In Kosovo, employees are entitled to various rights and protections under the Labor Law, including: Non-discrimination: Employers are prohibited from discriminating against employees on the basis of race, ethnicity, gender, religion, disability, or any other protected characteristic.

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Guide to Hiring Employees in Kenya

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Additionally, various sector-specific regulations and international conventions ratified by Kenya further shape the labor landscape, emphasizing fair treatment, non-discrimination, and worker protection. Bonuses and Incentives: Additional payments made to employees based on performance, achievements, or company profits.

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Guide to Hiring Employees in Cameroon

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Overtime rates must be at least 150% of the regular hourly wage, and employees have the right to refuse overtime work without facing discrimination or retaliation from their employer. These contributions fund various social security benefits such as retirement pensions, healthcare, and unemployment benefits.