Remove Compensation Remove Employee Recognition Remove Payscale Remove Retention and Turnover

Compensation Challenges in 2022: Brace for Turbulence

Astron Solutions

We are facing an interesting time in compensation. The events of 2020 and 2021 have left a mark on how both employers and employees view work. In this Astronology® we will review some of the factors in play with the current compensation upheaval. Embrace indirect compensation.

Six Considerations When Evaluating Your Compensation Strategy

Tandem HR

Employees are vital to your organization and a significant investment for most businesses, often averaging 70% of operating expenses. While compensation is only one factor for recruiting and retaining talent, it is critical to your overall HR strategy. Analyze Turnover.

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10 Employee Incentive Programs to Engage Your Team

Achievers

If so, you probably saw the effects in the form of greater turnover ? Employee engagement should be a huge concern ? low morale can lead to high turnover rates and low productivity, and ultimately, disengagement has a negative impact on your bottom line. Recognition and rewards.

9 Employee Bonus Ideas and How to Use Them Effectively

Semos Cloud

9 Employee Bonus Ideas and How to Use Them Effectively. What are different types of employee bonuses and how can you use them to increase retention and productivity in your organization? However, there is more to what employees really expect of their employers nowadays.

Inside the Biggest Wave of Salary Increases Since 2008

Kazoo

The country’s workforce is now seeing the highest salary increase averages in 14 years as evidenced by budget increases that companies dedicate to worker compensation. Compensation has not kept pace with the rate of inflation nor the cost of goods and services.

10 Unique Employee Incentive Programs For Your Team 2021

CuteHR

Did you feel a lack of engagement from the employees’ side? Usually, these issues are very much evident in the form of increased turnovers, especially from the top-performing employees. Therefore, employee engagement is a huge concern. Rewards And Recognitions.