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Using Total Rewards for a Great Employee Experience

Bonusly

Consider the following when reviewing your compensation and benefits as part of your Total Rewards package: Compensation : whether it’s an annual salary or regular hourly wages, fixed compensation gives employees a benchmark for building their lives. One employee said, “Let me get this straight—I can save $4,000 this year by switching plans?”

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Causes of Employee Turnover

Bonusly

And while it can be helpful to benchmark externally based on industry, function, and region, the most important benchmark is internally based on department, job level, location, and other segments of your organization over time. It includes health benefits like insurance and financial benefits like retirement savings.

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HR TechStack – Performance Tracking

Workstride

BambooHR providing online HR Software for small and medium businesses that have outgrown spreadsheets. BambooHR’s cloud-based system is an intuitive, affordable way for growing companies to track and manage essential employee information in a personalized Human Resources Information System (HRIS). VIEW DETAILS ». VIEW DETAILS ».