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3 Ways to Help Employees Understand Their Worth

Cornerstone On Demand

A recent study from compensation software company PayScale found that among 71,000 people surveyed, an incredible 83 percent believed they were paid below market rate — even though 66 percent actually earned at or above market value. When they don't have proof otherwise, most people believe they're not paid fairly.

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Compensation Challenges in 2022: Brace for Turbulence

Astron Solutions

However, including moments of indirect compensation or employee recognition can have a positive impact. Embrace indirect compensation. Yes, proper and fair cash compensation will always be preferred.

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10 Employee Incentive Programs to Engage Your Team

Achievers

Organizations that do so are 41 percent more likely to see increased employee retention and 34 percent more likely to increase employee engagement. Perhaps most importantly, make frequent recognition easy for everyone on your team with an employee recognition platform that facilitates recognition from anywhere at the click of a button.

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How Much Compensation Does it Take to Make Appreciation Unnecessary?

Compensation Cafe

Ramos’ article quotes Alison Green, author of the Ask A Manager blog, on why this phenomenon plays out, even among the highly visible and highly compensated: “I don’t think everyone feels underappreciated, but it’s true that many people do. Salary does make a difference and is part of how we know we are appreciated at work.