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What Are Employee Incentives?

Intoo USA

Employee incentives are rewards or benefits provided by employers to motivate employees and boost their morale in the workplace—ultimately enhancing job performance and satisfaction, and aiding in attracting top talent. Over time, the concept evolved, with various industries experimenting with different incentive structures.

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Breaking Down the Virtual Onboarding Process

ApplicantStack

Onboarding a new employee means a huge data dump of company values and culture, job responsibilities, department procedures, and all the administrative tasks of setting up payroll and benefits. Remote employees face an extra hurdle in that all of their onboarding has to be done through virtual or text communication.

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Guide to Hiring Employees in Ukraine

Recruiters Lineup

Types of Employment Contracts: Ukrainian labor law recognizes several types of employment contracts, including fixed-term contracts, indefinite-term contracts, and part-time contracts. Employers utilize various platforms such as online job boards, company websites, and social media to reach potential candidates.

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All You Need To Know About Sales Incentive Programs In 2023

Vantage Circle

When it comes to sales incentive programs the first thought in your mind is monetary incentives. However, that is not all there is to incentive programs. Let’s find out more about sales incentive programs and how to design and implement them to benefit your organization. What Is A Sales Incentive Program?

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The State of HR: 5 Important Lessons from the SHRM Conference

Netchex HR Blog

The Society for Human Resource Management’s (SHRM) annual conference is a big deal. Since the SHRM Conference was hosted in New Orleans—aka Netchex’s own backyard—of course, we had to do it big. The underlying message of the SHRM Conference. The tagline for the SHRM conference was “Cause the Effect.”

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Is the Great Resignation really over? Getting to the root of retention problems

HRExecutive

While the movement has been losing some steam over the past year, the cost of employee turnover is still extremely high, as the cost of replacing an employee ranges anywhere from one-half to two times their yearly salary. Much of the total cost involves the direct expenses associated with recruitment , onboarding, training and the like.

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Guide to Hiring Employees in Armenia

Recruiters Lineup

Additionally, the employment contract should specify the details of the compensation package, including any bonuses, benefits, or allowances offered to the employee. Many employers place a strong emphasis on academic achievements, particularly in fields such as technology and engineering.