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48% of employers have invested in benefits due to economic climate change

Employee Benefits

Nearly half (48%) of employers have boosted investment in their benefits package over the last 12 months in response to economic climate changes, according to research by benefits provider Zest. Salary (46%) was the next largest factor, followed by demands for better employee benefits packages (43%).

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How to implement a pay strategy for hybrid working

Employee Benefits

With the exception of salaries that already vary by location already, for example, those with a London weighting, reducing an employee’s pay would need their consent. A two-tier pay structure where new recruits are paid differently according to where they do the majority of their work could deter new talent from joining.

Overtime 124
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Gi Group promotes group risk benefits that support long-term health issues

Employee Benefits

Recruitment firm Gi Group offers group risk products to support its employees experiencing a range of health conditions that affect both their mental and physical health. It has also produced a brochure to outline its employee promise and to provide details of its benefits.

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What is Unicorn Hiring?

HR Lineup

In the world of business and recruitment, the term “unicorn” originally referred to privately-held startup companies valued at over $1 billion. Traditional recruitment methods may not be sufficient to identify and attract these exceptional individuals.

Health 98
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Do employers have a role to play in overcoming the UK childcare crisis?

Employee Benefits

The Early Education and Childcare Coalition and the University of Leeds’ November 2023 study Retention and return: delivering the expansion of early years entitlement in England revealed that 35% of nursery managers said they would limit the number of places they offered unless there was more government support to retain and recruit staff.

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India’s Payroll Processing: A Comprehensive Step-by-Step Guide

Qandle

It involves the systematic and accurate calculation of employee salaries, ensuring timely disbursement, and complying with various legal and regulatory requirements. The payroll team should deduct salary for leaves taken beyond the allowed quota, ensuring that the final payment is accurate.

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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Someone is said to have golden handcuffs whenever their job’s perks, such as high salaries or compensation plans, are too attractive to leave. His new job featured many benefits and a six-figure salary, but he knew a high-pressure work environment would be the trade-off. What are golden handcuffs?