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Why employers are leaning into benefits to stand out in the job market

HR Brew

Compensation is consistently cited as one of the top factors employees consider when they decide whether to take a job, and offering competitive wages is one way HR teams seek to attract or retain employees with rising salary expectations. Quick-to-read HR news & insights. Subscribe to HR Brew today.

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Impersonal layoffs are a lost opportunity. 3 ways to do better

HRExecutive

Advertisement - Best practices include severance based on years of service,hiring preference for open jobs, and outplacement assistance. Even employees working remotely should at least get a telephone call from their supervisor. That message cannot be delegated to HR.

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Top 10 Global HR Services Providers 2024

HR Lineup

Key Services: Talent Acquisition and Recruitment Workforce Management Solutions Payroll Services Learning and Development Outplacement Services Why It Stands Out Randstad combines technology with human insight to offer tailored HR solutions. With operations in over 60 countries, Adecco has a significant global footprint.

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Reduction in Force Checklist

Careerminds

Step 6: Determine Severance, Benefits, and Outplacement Determine severance benefits for impacted employees, such as severance pay, continuation of insurance plans, retirement benefits, and stay bonuses. Consider including outplacement support with severance packages. Determine severance, benefits, and outplacement 7.

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Evaluating the Legal Implications of Layoffs and Downsizing

HR Digest

Crafting a fair and legally sound severance package requires careful attention to: Monetary Compensation: Base severance on tenure, position, and organizational policies. Outplacement Services: Provide career counseling, resume workshops, and job placement assistance.

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27 Key Drivers of Employee Engagement To Benefit Your Workforce 

AIHR

Provide support during transitions: If retrenchment or restructuring is necessary, provide outplacement services, counseling, and clear communication to support affected employees. GET STARTED Driver 11: Fair compensation Fair compensation reflects how much the organization values its employees.

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Older Workers Benefit Protection Act: What It Is and Why It Matters

Careerminds

Typical forms of “consideration” include: Severance pay Health benefits extension Outplacement services Bonus or incentive payouts Relocation assistance EXPERT TIP: Final pay, unused paid time off, or other legally required benefits don’t qualify as valid consideration. COBRA ), bonuses, or outplacement services.