HR Digest

MAY 19, 2021

This isn’t the first time the American multinational investment bank and financial services has raised wages. In 2017, BoA raised its minimum wage to $15 an hour. Two years later, it announced it will pay $20 an hour over the next two years. BoA achieved that goal in 2020 – a year earlier than expected.

401(k) 52

401(k) Banking Employment Parental Leave 52

Patriot Software

JANUARY 30, 2019

Examine pay raise alternatives. If you can’t afford a pay raise but want to show a deserving employee you value their work, you have options. Consider offering a pay raise alternative, like a bonus, more paid time off , or flexible scheduling. Many employers opt for paying bonuses to employees over raises.

Pay Raise 46

Pay Raise Salary Bonuses Payroll 46

Vantage Circle

MAY 12, 2020

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. A statistic in 2017 showed that lack of career development is one of the key reasons for attrition.

Pay Raise 52

Pay Raise Salary Human Resources Utilities 52

Vantage Circle

MAY 12, 2020

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. A statistic in 2017 showed that lack of career development is one of the key reasons for attrition.

Pay Raise 52

Pay Raise Salary Human Resources Utilities 52

SnackNation

FEBRUARY 20, 2017

The 2017 Ultimate Guide to Employee Engagement | SnackNation. More from SnackNation 9 Simple Hacks to Stay Healthy at Work [Infographic] 11 Shocking Employee Happiness Statistics That Will Blow Your Mind The 7 Habits of Highly Effective HR Professionals 16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic].

Pay Raise 101

Pay Raise Finance Employee Recognition Salary 101

Vantage Circle

NOVEMBER 28, 2018

A research by Gallup in 2017 showed that 51% of employees are planning to leave their current jobs. Some reasons are lack of recognition, internal office conflicts , lack of pay raise. And, engaged employees are 44% more productive than satisfied employees. Benefit 2: Improves Retention Rates.

Pay Raise 51

Pay Raise Employee Retention Media Salary 51

Vantage Circle

NOVEMBER 28, 2018

A research by Gallup in 2017 showed that 51% of employees are planning to leave their current jobs. Some reasons are lack of recognition, internal conflicts, lack of pay raise. And, engaged employees are 44% more productive than satisfied employees. Improves Retention Rates.

Pay Raise 40

Pay Raise Employee Retention Media Salary 40