Compensation Today
NOVEMBER 30, 2015
Taylor, PHR, SHRM-CP, PayScale Senior Blogger This time of year always sees an increase in hiring additional people to cover the busy holiday season, at least on a temporary basis. The survey mentioned that, “companies expecting to hire seasonal workers plan to keep 68 percent of those workers on staff after the holidays.”
Affinity HR Group
DECEMBER 19, 2019
With 2019 over and at the dawn of a new decade, it’s an ideal time to think about bonuses for 2020. Over 60% of respondents in a 2016 World at Work survey reported using some type of bonus or variable pay program, as did 73% of respondents in a more recent 2019 Payscale survey. Discretionary Bonuses. Non-Discretionary Bonuses.
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Analytics in HR
JULY 31, 2023
Managing Human Resources involves overseeing all aspects of HR, such as hiring, training, compensating, engaging, promoting, and retaining employees. For example, your HR would look into hiring people who are a good culture fit for the organization so they stay longer and be more productive. Let’s take a look at some of them.
Zalaris
MARCH 18, 2024
This assessment is in addition to the already existing expenses like hiring, onboarding, and training as well as lost productivity from vacant jobs because of changing circumstances. Employee motivation stems from what is assessed and rewarded; hence incentive strategies must complement organisational strategies.
Zenefits
DECEMBER 29, 2021
In addition, as a rising number of organizations adopt remote work, there is an increased need for clear communication regarding salary negotiation, benefits packages, and incentives. Creating a compensation philosophy that aligns with your company strategy is one way to strengthen hiring and retention. Think you can’t afford it?
Analytics in HR
JANUARY 25, 2022
Different types of compensation include base pay, company bonuses, stock options, and benefits like insurance, pension programs, and parental leave. Even so, a recent study by Payscale found that less than 50% of companies have a strategic compensation plan. It can also include bonuses and tips.
Linkedin Talent Blog
OCTOBER 17, 2022
And make sure to communicate clearly and consistently about the program, particularly its incentives. Most companies offer referral bonuses contingent upon a hire or upon the referral staying with the company for a specific amount of time.
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