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Compensation and Benefits

Analytics in HR

On the other hand, in Europe, there is often a focus on more social benefits, including parental leave, severance pay, and termination notice. HR uses compensation to attract top talent and boost retention rates. For example, an employee in their 40s is likely to value a pension plan or parental leave more than a recent graduate would.

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Exploring Immedis Absence Management

Immedis

The cost of paid leave benefits is often an employer’s largest expenditure , even exceeding healthcare. Global organizations are also under pressure to ensure that they adhere to local legislation and statutory rights around leave. The variety of leave types increases the challenge of absence management. Maternity leave.

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