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Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Written by Sheu Quen • 4 minute read • September 25, 2024 Are your employees satisfied with their compensation, or are they looking elsewhere for better offers? That’s where a competitive compensation package comes in. Our article explores the vital role that well-designed compensation packages play in retaining talent.

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6 Multigenerational Pay Strategies | ClearCompany

ClearCompany HRM

This post was originally published in June 2015 and was updated with new information about multigenerational compensation strategies in May 2025. Did you know you might be managing a workforce made up of employees from as many as five different generations ? Learn how to build a compensation plan that unites your team.

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Chasing Best Practices

Compensation Cafe

Research from the firm PayScale may help to answer at least some of those questions, with their annual analysis of compensation trends and activity. It turns out that high performers are more likely to provide pay increases (90% compared to 84%), bonuses (81% compared to 74%), and are also likely to leverage more of a compensation mix.

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10 Employee Incentive Programs to Engage Your Team

Achievers

Perhaps the most important thing they can do to keep employees engaged is effectively incentivize them. Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best.

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10 Unique Employee Incentive Programs For Your Team 2021

CuteHR

One of the most accomplishable ways to achieve employee engagement and retain them is by incentivizing them. Incentives give employees something to aim for and motivation to work much harder without actually telling them to work hard. What Is An Employee Incentive Program?