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Cost of Living vs. Cost of Labor — Is There a Difference?

Zenefits

Since that time, the various annual COLAs have ranged from a low of 0.00% in 2010, 2011, and 2016 (0.03% in 2017) to a high of 14.3% The primary factors involved in calculating the cost of labor include: Salaries, wages, incentives, commissions, and bonuses. So, why don’t all companies apply cost of living adjustments?

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Pay transparency: the pros, the cons, and best practices

Workable

Zoë in her NBER paper discusses how transparency can lead comparisons with peers in a counterproductive way – if Jer learns that he’s making $10K less per year for the exact same role as Maria, he’s naturally not going to be happy. The good news is that this is only when you manage it poorly. This isn’t theory.

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Tackling Unconscious Bias at Workplace

Keka HR Blog

The Employment Equality Act of 2010 guarantees that employees are safeguarded from discrimination in the workplace based on a list of protected characteristics, including gender, race, and sexual orientation. The contrast effect is a bias that frequently leads to valuing something in connection to or in comparison to another object.

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9 Employee Bonus Ideas and How to Use Them Effectively

Semos Cloud

What are different types of employee bonuses and how can you use them to increase retention and productivity in your organization? Direct monetary prize is a great employee incentive , and it allows the recipients to spend it how they prefer. All, Best Practices. 9 Employee Bonus Ideas and How to Use Them Effectively. Signing bonus.

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7 of the Best Appointment Scheduling Software Solutions for your Business

Homebase

This incentive alone is an excellent reason to give this platform a try and see how it stacks up to others you’ve tried in the past, or use it as a benchmark for future comparisons if you’re just getting started in your search. . If you want to stay and play, a sole proprietor (i.e., Schedulicity. A Business Directory.

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Google's 10% Raise: We Don't Care About Our Employees

Evil HR Lady

Wednesday, November 10, 2010 Googles 10% Raise: We Dont Care About Our Employees Usually a raise is a sign that youre valued. November 10, 2010 10:26 PM Anonymoussaid. I thought the news article said there are bonuses on top of the uniform 10% raise. November 11, 2010 12:00 AM Anonymoussaid. Come to HR. Come to HR.