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Exploring the Power of Compensation and Recognition

Terryberry

Let's dive into the role that employee recognition and compensation play in the workplace. The Biggest Difference Between Compensation and Recognition To understand the difference between employee recognition and compensation, think back to your Psychology 101 class and Maslow's Hierarchy of Needs.

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Year-Round Recognition: Crafting a Continuous Employee Appreciation Strategy for 2024

Empuls

  Nothing is more fun, exciting, engaging, productive, and fulfilling for employees than having a culture of appreciation in the workplace.    Meanwhile, employers should realize that employee appreciation translates to a high employee morale, increased engagement, improved productivity, and overall business success.

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Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

Do you tend to get the same questions and concerns from employees? The Bureau of Labor Statistics has found that benefits make up around 30% of the total compensation for each employee, as costs continue to increase. Utilize employee benefits management software. Manage benefits cost. Maintain compliance.

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Retaining Top Talent During The Great Resignation

MTM Recognition

The first theory has been multiple years coming – the increase in demand for high-level employees to work long hours, without the increase in pay to compensate for the rising cost of living. In 2010, the median household income grew about 16 times that number to around $50,000. Find Balance in your Organization.