Remove 2011 Remove Bonuses and Incentives Remove Compensation Remove Retirement
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Why Every Organisation Needs a Solid Compensation Strategy

6Q

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

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Why Every Organisation Needs a Solid Compensation Strategy

6Q

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

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

Zenefits

When this is applied, it is added to the recipients’ existing monthly retirement and/or social security payments. However, they are calculated at a different (usually lower) rate than that of those on retirement income. Active government employees may receive COLAs as well. So, why don’t all companies apply cost of living adjustments?