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Employee Rewards and Recognition Strategy: Aligning HR Objectives With Organizational Goals

Empuls

A recent research by Zenefits, 63.3% Customization is vital, allowing personalized rewards catering to diverse employee preferences, from monetary bonuses to professional development opportunities. Personalization Different employees will be motivated by different incentives.

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Compensation vs. Salary: Make the Difference Work for You

Zenefits

Total compensation statements typically list base salary along with other cash bonuses and commissions. Tax consequences While any kind of pay is taxable, such as paid time off and bonuses , some fringe benefits listed under total compensation are non-taxable. It also enables them to better perform their own compensation comparisons.