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Which Job Perks Do Employees Value?

HR Digest

Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise. Such benefits can be an excellent way to retain top talent, and attract the cream of the crop. With the unemployment rate dropping to 3.6

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

According to HBR , a staggering 79% of employees cite a lack of appreciation as their primary reason for leaving their jobs. Performance rewards or bonuses provide employees with a direct financial incentive for their exceptional efforts and contributions. For example : Google is known for its generous performance bonuses.

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It’s a Match! How to Create an Equitable Compensation System That Fits You

HR Digest

With such stats to back up these reports, it is evident that companies need to do more to safeguard the interests of their employees and build conscious pay systems that benefit them as well. The Mercer QuickPulse US Compensation Planning Survey of August 2023 found that employers are planning a 3.9 percent of the U.S. percent of the U.S.