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5 Best Compensation Management Software 2021

HR Lineup

One of the ways to achieve employee satisfaction is by designing an effective compensation plan that provides fair salaries and other pay programs like bonuses, commissions, equity, and more. That is why you should upgrade to the best compensation management software 2021 with modern and personalized features. .

Software 245
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12+ Creative Staff Bonus Ideas That Go Beyond Cash Rewards

Empuls

Bonuses have long been a favorite tool for employers to boost employee motivation and engagement. However, a 2021 study found that nearly 78% of employees feel more motivated when they receive a mix of both financial and non-monetary rewards. The challenge is that not all bonuses are created equal.

Bonuses 52
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Gender pay gap reporting 2021: what’s required?

cipHR

The submission deadline is 30 March 2021 for public-sector organisations and 4 April 2021 for private companies and charities. . The post Gender pay gap reporting 2021: what’s required? The snapshot dates are: 5 April 2020 for private companies and charities. 31 March 2020 for public-sector organisations. .

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How to Address Gender Pay Gap in the Workplace?

HR Lineup

According to the World Economic Forum’s Global Gender Gap Report 2021, the global gender pay gap stands at 16%. This analysis should include not only base pay but also bonuses, incentives, and benefits. Gender pay gap violates the principles of gender equality and hinders the progress of women in the workplace.

Salary 246
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Structuring Competitive Compensation Packages for UAE Talent

Bayzat

Performance-Based and Incentives In addition to a base salary, many organizations in the UAE also offer incentives and bonuses as part of their compensation packages. Sales commissions: Particularly relevant in sectors like real estate, where commissions can form a significant portion of total compensation. Federal Law No.

Salary 52
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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. Some companies now offer bonuses and other perks to entice candidates. Additionally, the pandemic has exacerbated employee burnout.

IT 139
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Top 5 reasons to check your payslip

cipHR

For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L. While the onus is on employers to pay their employees correctly, there is some responsibility on the employee to make sure that any variable payments, such as overtime or commission, are paid.

Pension 98