Remove 2023 Remove Bonuses and Incentives Remove Retirement
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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., 401(k) matching), stock options, or performance bonuses. The concept isnt new.

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Inside Singapore: Leadership in an aging workforce

People Matters

Through flexible work arrangements, upskilling opportunities, and financial incentives, Singapore is creating an environment where mature employees remain productive and engaged. billion national programme launched in 2023—promote ageing in place by redesigning housing, transport, and community services.

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Structuring Competitive Compensation Packages for UAE Talent

Bayzat

Performance-Based and Incentives In addition to a base salary, many organizations in the UAE also offer incentives and bonuses as part of their compensation packages. Long-term incentive plans (LTIPs): Often used for senior executives, these may include stock options or restricted stock units, even in non-public companies.

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How Effective Loyalty Programs for Employees Can Transform Your Organization

Empuls

Referral bonuses Referral bonuses are an effective way to engage employees in the recruitment process. Options may include health and wellness programs, retirement plans, or lifestyle benefits like gym memberships and childcare support.  What types of loyalty programs can be implemented?

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15 Inclusive Employee Benefits to Offer in 2024

Ongig

Traditionally, employee benefits revolved around perks like vacation time off and retirement plans. 15 Inclusive Employee Benefits for 2024 #1 Mental Health Support Statistics from Medical Health America’s 2023 State of Mental Health in America survey revealed that 21% of adults experience some form of mental illness.

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Building and Improving Employee Loyalty for Long-Term Success

Empuls

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. Referral bonuses Referral bonuses are an effective way to engage employees in the recruitment process.

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Looking Ahead, the IRS Raises 401(k) Contribution Limit to $23,500 for 2025

HR Digest

This increase in the 401(k) cap brings up the annual individual contribution limit by $500 and equals the change we saw going from 2023 into 2024. This will allow them to save more in their last few working years before they turn to retirement. Certain SIMPLE retirement accounts that fall under the purview of the SECURE 2.0