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Modern Compensation Strategy Best Practices

Bonusly

No matter how large or small your business is or what industry you work in, chances are, you’ve thought about how best to determine compensation for your employees—especially if you are a company or HR leader. They may need some updating to align with the compensation best practices below. However, the working world has evolved.

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3 Non-Monetary Incentives for Employees

Hppy

Employee appreciation is a great way to keep your staff motivated and elevate your employer branding. You can reward them with cash bonuses and other monetary compensation types. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation.

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How to Build a Staffing Model for Your Business

Replicon

Employees are the valuable assets that serve as one of the strongest pillars of a successful organization. A staffing model helps the HR department envision its future staffing needs and build a roadmap to fulfill them promptly. Each model has a unique way of hiring, managing, and retaining the employees in the organization.

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Employee wellbeing: How to keep employees happy and healthy 

Achievers

A healthy workforce is a prerequisite for sustained success in any industry, but the new normal has led to a wide range of challenges to employee wellbeing. What is employee wellbeing? Employee wellbeing is a holistic measure of the physical and emotional welfare of individuals at your workplace.

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How HR can give your company’s employee retention strategy a boost

Insperity

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? Hiring practices If you want to have talented, productive employees who remain with your workplace for the long term, it’s incredibly important that you hire the right people for the right job in the first place.

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What Is a Culture Committee? How To Build Yours in 2024

Analytics in HR

8 culture committee ideas How HR can help build a culture committee in the workplace Culture committee mission statement examples What is a culture committee? The culture committee acts as a guardian of the company’s values, behaviors, and practices to ensure a positive and engaging workplace environment for all employees.

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Ways to keep a good specialist if a competitor pays a higher salary

Hppy

The success of an organization is determined by the level of its employees’ competence, motivation, and performance. One of pitfalls of keeping a good specialist in the organization is the impossibility to give employees a raise when all competitors pay much more money for executing the same kind of work.