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16 Employee Perks Your Team Wants More Than a PayRaise [Infographic]. What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. If salaries don’t always move the needle, what does? This provides more long term value than a salary ever could. Healthcare Insurance.
Mercer recently released their 2015/2016 U.S. Compensation Planning Survey , indicating a trend towards continuing to reward top performers and incentivize employees through recognition opportunities that are not only linked to base pay. The average salary increase budget is expected to be 2.9% of base salary (compared to 8.4%
For each of As You Sow’s yearly reports dating back to 2015, the shareholder advocacy nonprofit discovered that CEO remuneration does not often connect with prior stock return success, and that instead, companies with the 100 most overpaid CEOs underperformed the equal-weighted average S&P 500 company.
According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a payraise. Not just salary.
of their salary. https://hbr.org/2015/12/proof-that-positive-work-cultures-are-more-productive. . $500 billion. siphoned off from the US economy because of workplace stress. The cost of replacing a single employee. Sources: [link]. https://www.greatplacetowork.com/blog/325-peer-recognition-culture-and-going-the-extra-mile.
Grab the book and learn how to develop a job evaluation scheme for your business and industry, use performance appraisal methods , guarantee pay fairness, and boost engagement. The Truth About Employee Engagement by Patrick Lencioni Year: 2015 If asked, could you tell how your employees spend their free-from-work time? Again wrong.
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