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Shrinking the Student Loan Debt: Let’s Start at Work

HR Daily Advisor

PricewaterhouseCoopers’ 2018 Employee Financial Wellness Survey revealed that 54% of employees are stressed about their finances, and 64% are impacted by student loans. A 2018 CommonBond survey of 1,500 workers found that 78% of employees with student loan debt want their employers to provide ways for them to pay down their loans faster.

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Why Every Organisation Needs a Solid Compensation Strategy

6Q

A compensation strategy typically includes the following: Basic pay: This refers to the initial salary without the benefits, bonuses or raises. Bonuses: Employees are rewarded with bonuses for meeting their quotas and performing their job duties well. Image: Pexels. Why is a compensation strategy important? About the Author.

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Why Every Organisation Needs a Solid Compensation Strategy

6Q

A compensation strategy typically includes the following: Basic pay: This refers to the initial salary without the benefits, bonuses or raises. Bonuses: Employees are rewarded with bonuses for meeting their quotas and performing their job duties well. Image: Pexels. Why is a compensation strategy important? About the Author.

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Merit Pay Raises: Why They're More Popular and How to Get One

45 Things

of payroll is targeted for incentive and bonus pay in 2018. Further, some companies are going to raise the bar for high performance, with 15% of organizations say they will set higher targets for bonuses and incentive pay. According to an Aon Hewitt survey of 1,062 companies, an average of 12.5%

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A Word to the Wise, Once Again!

Compensation Cafe

Now, in early 2018, broad-based employee pay is in the news, with media outlets regularly providing employees with information that they used to get through your internal communications. Especially informative is the Aon Hewitt visual about the share of companies' payrolls devoted to bonuses vs. the share devoted to salary increases. "If

AON 40
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Minimum Wage Increase: The Positives and the Pitfalls

Paycor

Adjusted for inflation, the federal minimum wage peaked in 1968 at $12.22 (in 2018 dollars). Eighteen states and localities raised their minimum wages in 2018. The difference between the current median rate and projected raise in minimum wage would result in an addition in payroll costs to the tune of more than $450,000 per year.

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Guide to Hiring Employees in Ireland

Recruiters Lineup

Payroll and Taxes in Ireland Payroll and taxes in Ireland are governed by the Irish Revenue Commissioners, and employers must comply with specific regulations to ensure accurate and timely payment of wages and taxes. These can take the form of annual bonuses, performance-based incentives, or profit-sharing schemes.