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59% of British workers feel unhappy with their benefits packages

Employee Benefits

Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefits packages , according to new research. As many as 49% are optimistic that they will receive a salary increase in 2024, and 70% of employers plan to increase salary offers in 2024 for certain in-demand roles.

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3 powerful ways to improve your employee retention rate

Achievers

A competitive salary is the bare minimum that you need to provide to keep employees satisfied. Beyond compensation, your employee retention strategies should factor in the total rewards package you offer, the quality of your leadership, and the power of your social recognition strategies.

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How is the cost-of-living crisis affecting what employees want from their benefits packages?

Employee Benefits

“The people we know are feeling the pinch are younger age groups and lower paid people, those people embarking on building careers, who don’t always have the most robust benefits anyway. A cash plan is the perfect benefit, because it’s very affordable for the [employer], a fraction of the salary bill.”

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4 Top Benefits Trends for 2022

Best Money Moves

Additionally, 75% of American employees say they have struggled with anxiety caused by COVID-19 and other world events while working from home. Here are 4 of the top employee benefits trends to keep in mind for 2022. The best way to figure out which benefits work best for your company is to simply survey your employees.

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Changes in Management HR Should Consider In 2023

HR Digest

This will most likely result in employees working from home and attending meetings virtually too—a new face to the workplace. We are gradually adapting to a remote work environment where employees can get their jobs done while they work from home.

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HR How-to: Discuss Salary During An Interview

Abel HR

And then they ask about salary and it’s as if all the air has been sucked out of the room. But do these conversations about salary always have to be so awkward or is there a way to address the issue tactfully and tastefully without creating a moment from which you and your candidate can never recover?

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Danielle Ayres: The changing face of flexible working

Employee Benefits

Employers should speak to staff and finding out what works for them, asking whether they would prefer to work from home or from the office, and being open to conversations about money worries. Many employers also chose to have flexible working policies in place too.