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Non-discretionary vs discretionary bonuses: Do you know the difference?

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Bonuses are a great way to show your hourly employees that you value them and their contributions to your business. But bonuses can also be complicated. Non-discretionary bonuses are often used to incentivize employees. For example, a team of baristas might be promised a bonus if they exceed a customer satisfaction benchmark.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

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Compensation Package: A Guide For HR (+ Free Template)

Analytics in HR

It includes health insurance, retirement schemes, vacation days, bonuses, equity shares, and additional benefits such as flexible work schedules or educational stipends. In a time when HR professionals are struggling to find, hire, and retain employees, the competition for talent is becoming more challenging by the day. In fact, 83.4%

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Guide to Hiring Employees in Lebanon

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Contracts should include details such as job title, duties, working hours, salary, benefits, and duration of employment if applicable. Working Hours: The standard workweek in Lebanon is 48 hours, typically spread over six days. Minimum Wage: Lebanon has a minimum wage set by the government, which is subject to change.

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Compensation and Benefits

Analytics in HR

Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses.

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Guide to Hiring Employees in Singapore

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The Act stipulates provisions related to working hours, rest days, public holidays, annual leave, sick leave, and termination notice periods. Hiring employees in Singapore can be a rewarding but complex process, considering the country’s dynamic business environment and strict employment regulations.

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The Best Way to Process Payroll [Updated for 2020]

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Learn to Process Payroll Efficiently and Legally. Manual records (including employee timesheets) are lost over 10 times more often than electronic records and are much more vulnerable to employee hours theft. Application for state withholding certificates. Or you own an existing one that is moving into the realm of employees.