Netchex HR Blog

JULY 31, 2025

At its core, it aims to simplify how deductions and benefits are calculated, particularly for middle- and lower-income workers, and create financial incentives to stay in the workforce. Tax Highlights from the ‘One Big Beautiful Bill Act’ The “One Big Beautiful Bill Act” (OBBBA) enacts a wide range of tax benefits for workers and retirees.

Assessment Software

Astron Solutions

SEPTEMBER 28, 2021

As with our review of 2022 compensation budgeting in the last Astronology® , predictions on how variable compensation will unfold are challenging. We explore the impact of these challenges on the continued use of variable compensation in the 2022 total rewards mix. Variable Pay Projections. percent of salary.

Bonuses and Incentives

Astron Solutions

SEPTEMBER 7, 2022

As with our review of 2023 compensation budgeting in the last Astronology® , predictions on how variable compensation will unfold next year are challenging. In this Astronology® , we explore the impact of these challenges on the use of variable compensation in the 2023 total rewards mix. ” Short-Term Incentives.

Bonuses and Incentives

i4cp

FEBRUARY 1, 2022

In particular: evolving policies (including geographic differentials in compensation) associated with remote and hybrid work, return-to-workplace considerations, and strains on organizations, people, and resources resulting from headcount growth. Another development presenting complexity for TR is shifting work models.

Bonuses and Incentives

Insperity

OCTOBER 10, 2023

In December 2022, the U.S. Act of 2022 enables business leaders to: Deliver additional financial benefits to round out an organization’s compensation strategy Remain competitive in an increasingly dynamic labor market Win the war for talent In this blog, we’ll discuss: What the SECURE 2.0 The SECURE 2.0 The SECURE 2.0

Retirement

HR Brew

FEBRUARY 1, 2024

Under the incentive, employees who earn as much as $500,000 a year will receive restricted stock on top of their regular compensation. Equity, a form of compensation that gives employees partial ownership of where they work, is seen by many HR leaders as a way to motivate employees and keep them engaged, HR Brew previously reported.

Bonuses and Incentives

6Q

JUNE 26, 2022

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.

Compensation

6Q

JUNE 26, 2022

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.

Compensation

Astron Solutions

OCTOBER 12, 2021

Last year, when preparing for 2021 and what we assumed would be a post-Covid 19 world, this article focused on the fact that most nonprofit organizations had frozen executive base pay levels and were focusing on long-term incentives. Does that still make sense as we head into 2022? Now is not the time to reduce compensation levels.”.

Compensation

Compensation Cafe

DECEMBER 28, 2021

I seldom make predictions for an upcoming year because compensation generally evolves so slowly that any real changes take several years to come to fruition. As we head into 2022, I am going to break that tradition and make a few predictions. Expect this to be a normal part of survey submissions before the end of 2022.

Compensation

AIHR

OCTOBER 13, 2021

How can you plan your HR budget for 2022? With things slowly returning back to normal in many organizations, now is the ideal time to start your 2022 HR budget planning process. 2022 may be heavy on the recruitment focus. Compensation and benefits. All HR planning must line up with business goals for 2022.

HR Planning

HiBob

JANUARY 11, 2023

Some companies made the hard decision to lay people off in the last weeks of 2022 and early 2023. On the other hand, strategic compensation incentives are crucial for retaining the key talent you’ve fought so hard to find over the last few years. What are the compensation benchmarks on average merit increases for 2023?

Compensation

Semos Cloud

MARCH 15, 2022

March 15, 2022. Total Rewards is a compensation strategy for employees of a business or an enterprise. It’s worth mentioning that successful enterprises also have Total Rewards departments to ensure that compensation policies are well-thought and meet employee needs. Some examples of bonuses are: Stock options.

Bonuses and Incentives

Bonusly

DECEMBER 9, 2021

We’ll take a look back on some key themes from 2021, like turnover and hybrid work, and provide resources that will help you navigate the waters better in 2022. Some even went as far as offering free food and cash incentives just to get applicants to show up to an interview! Cheers to that! Key HR themes in 2021. High turnover rates.

Background screening

Trusaic

APRIL 4, 2023

EU Corporate Sustainability Reporting Directive: What It Means for Pay Equity The European Union (EU) Corporate Sustainability Reporting Directive (“CSRD”) was published on December 16, 2022 by the EU Commission. Employers in member countries will be fined for failing to comply, while employees will be entitled to compensation.

Staffing Software

Astron Solutions

FEBRUARY 8, 2022

As a direct result of the ongoing COVID-19 pandemic, 2022 finds us facing high inflation rates. This means employers have to adjust their compensation strategy in response. How much will rising inflation and the Great Resignation influence compensation this year? According to CNBC , “Employers had it easy over the past decade.

Compensation

Zalaris

MARCH 18, 2024

A growing number of employees are quitting their compensation package without fully understanding or appreciating its value, which leaves them more open to alluring offers, especially among remote workers. Why do you need compensation strategies?

Compensation

CCI Consulting

FEBRUARY 23, 2023

For a variety of reasons, 2022 was a disruptive year for pay practices. Driven by inflation, many companies have been adjusting their compensation strategy by raising pay , changing pay models, and benchmarking salaries at an accelerated rate. So, then, what to do?

Compensation

Fond

JANUARY 24, 2023

Employee incentives and rewards are a type of benefit employers can offer to boost employee morale, reward good work, and recognize employees for their service. It’s a large category including things like cash bonuses, gift cards, discounts, service awards, charitable donations, swag, and other benefits.

Bonuses and Incentives

Semos Cloud

JULY 11, 2023

Gartner ’s July 2022 survey reveals that “72% of total rewards leaders report that their organization’s senior leadership believes that pay equity is a high or very high priority”. Tony Guadagni , senior principal in the Gartner HR practice, states that: “Employee perceptions of pay equity aren’t rooted in compensation.

Hiring Software

Zenefits

SEPTEMBER 14, 2022

Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. That means a regular review of your compensation package should be a top priority. Is it time to evaluate your company’s compensation package? Total compensation.

Compensation

HRExecutive

APRIL 8, 2024

While a competitive base salary forms the bedrock of a nurturing organizational culture, the strategic enhancement of the overall compensation package can significantly improve frontline employee retention rates. Oftentimes, development will be tied to an actionable path for career advancement.

Retention and Turnover

AIHR

JULY 12, 2023

According to Gallup : Global employee engagement in 2022 was at 23%. 18% of the global workforce in 2022 was actively disengaged. Ensure fair compensation Fair compensation is crucial in the workplace. Fair compensation also helps employees feel valued and respected by their employers.

Employee Engagement

CCI Consulting

MARCH 31, 2023

For a variety of reasons, 2022 was a disruptive year for pay practices. This may include, for example, variable pay, such as bonuses and incentives, or different options for benefits packages to address specific employee needs. So, then, what to do?

Compensation

Empuls

OCTOBER 17, 2022

By arming employees with the right tools to be more efficient - and incentives to do their best work - engagement happens as a side effect, and your best employees are much less likely to start searching for greener grass. Allow employees to use work time for additional training and offer incentives for certifications or coursework.

Wage and Hour Training

Zenefits

FEBRUARY 7, 2023

HR professionals and hiring managers often walk a fine line when it comes to employee compensation issues. If you are involved in the hiring process, you’ve probably already faced challenges with compensation structure and pay levels for existing and new hires. 2, 2022, that average hourly earnings were up 5.1%

Compensation

Zenefits

FEBRUARY 24, 2022

A competitive benefits package filled with attractive incentives for employees is key to attracting top talent to your organization. A typical benefits plan includes both the employee’s compensation and non-wage perks like health insurance and pension plans. What benefits matter to employees in 2022?

Employee Benefits

Compensation Cafe

OCTOBER 20, 2020

Traditional equity compensation program designs have been shown, for the third or fourth time in the past twenty years, to have critical flaws that can wipe out value with no-fault, or magnify value with little effort. In the world of compensation, most companies seem content to wait things out and hope everything “returns to normal.”

Bonuses and Incentives

Synergita

JUNE 13, 2022

It could mean providing incentives for higher productivity on projects if necessary; however, it could also mean recognizing someone’s efforts even if they aren’t working at full capacity. Offer Fair Compensation and Growth Opportunities How do you attract and retain the strongest talent from the pool?

Strategy

Synergita

JUNE 13, 2022

It could mean providing incentives for higher productivity on projects if necessary; however, it could also mean recognizing someone’s efforts even if they aren’t working at full capacity. Offer Fair Compensation and Growth Opportunities. How do you attract and retain the strongest talent from the pool? Relevant Articles.

Strategy

Astron Solutions

APRIL 20, 2021

From the factors that contribute to how you’ll compensate individuals , to the growth opportunities your company offers, your job description should tell it all. It’s only a couple of sentences, doesn’t list what the role entails, and is vague about the compensation. Consider conducting a compensation survey ! Let’s dive in.

Hiring Software

Empuls

DECEMBER 22, 2021

Organizations must understand and address the top five HR challenges of 2022 as they pivot to a new post-pandemic reality. Top Five HR Challenges to Address and Overcome in 2022 1. SHRM surveys show that 50% of employees in North America are planning to quit and look for a new job by 2022. Agility will be critical.

HR Software

HR Digest

MAY 29, 2024

Kroger’s 2023 financial report recently revealed that the Kroger CEO took a pay cut with a compensation package that was 18 percent less than in 2022. However, Rodney McMullen’s pay cut came anyway, a result of reduced compensation due to the company’s annual performance incentive falling below target. million USD.

Bonuses and Incentives

6Q

JULY 27, 2023

They also want to be compensated fairly for their efforts. Acknowledging and rewarding employee achievements by providing incentives such as bonuses, promotions, and public recognition can help boost employee retention efforts. Research shows that compensation is one key reason why employees choose to leave their jobs.

Strategy

HRExecutive

NOVEMBER 17, 2021

These methods include: · Compensation, benefits and flexibility: Organizations may need to offer sign-on bonuses and increase their starting salaries to compete for talent in the market. But in 2022, that impromptu reinvention will become intentional. Conclusion: The flipside of disruption is reinvention.

Compliance Training

Zenefits

FEBRUARY 7, 2023

In its wake emerged the need to attract new talent in order to compensate for ongoing labor shortages. But it’s still important to have a robust compensation package to help secure new hires to fill your open positions. According to BLS, total employer-to- employee compensation costs for civilian employees averaged $41.86

Compensation

Talentia

MARCH 27, 2024

Read on to discover four ways to promote pay equity and fair compensation for your team. Analyzing compensation allows your organization to start with a more precise, ongoing picture, creating a better environment in which to make future pay decisions without causing new inequalities.

HR Software