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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. The sectors where benefits stand out. Quick-to-read HR news & insights.

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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 2: Consider Alternatives Options Furloughs or extended leaves Temporary layoffs Temporary or permanent pay reductions Reduced hours of paid work Hiring freezes Voluntary time off Voluntary layoffs Voluntary or early retirement Step 3: Outline Your RIF Plan Document the high-level business reasons for why a RIF is necessary.

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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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How to Craft Your Employee Termination Policy (Template Included)

Careerminds

This could occur when an employee submits notice of resignation or retirement to their supervisor, when an employment contract expires or is completed, or when an employee is absent from work for [insert number] consecutive workdays and fails to contact their supervisor (job abandonment). Types of Terminations 1.

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How Severance Pay Works and Who Typically Receives It

Intoo USA

Severance pay, also referred to as post-employment compensation, gap pay, or a separation package, is rarely a fun topic to discuss—no matter what your company calls it. In most cases, post-employment compensation is extended when job loss is not directly connected to job performance—but there are exceptions.

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How to Lay Off an Employee: Industry Best Practices

Intoo USA

Some require that you provide departing employees with final paychecks on their last day of work; others require that you compensate departing employees for unused vacation or sick time. The package may also include continuation of health benefits, stock options, contributions to retirement savings, or other perks.