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How incentive theory drives motivation and behavior in the workplace

Achievers

In this blog, we’ll explore how incentive theory shapes workplace strategies and the impact it has on employee engagement and performance. Whether it’s a financial perk, professional growth opportunity , or simple recognition, incentives help create a culture where employees feel valued and motivated to contribute their best.

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Get the best results from your benefit budget conversations

WEX Inc.

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. Salary and benefits. The information in this blog post is for educational purposes only. Two big reasons? Watch our podcast episode below!

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5 Reasons Your Employee Turnover Is on the Rise

Achievers

When Gallup investigated the factors that make someone decide to quit their job, they found that salary is important — but only up to a point. A report from the Center for American Progress found that employee turnover can cost organizations up to 213 percent of the lost employee’s salary. . Share your comments below.

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SALARY SACRIFICE: MAKING EMPLOYEE BENEFITS COST-NEUTRAL

Employee Benefits

Salary sacrifice solutions can help to make employee benefits cost-neutral, freeing up the budget to utilise in other business areas. With 61% of employees relying on their employers to offer more support during the ongoing cost-of-living crisis, it will take cost-effective, salary-stretching employee benefits to bridge the gap.

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5 Key Reasons Great Employee Resigns from their Jobs and Choose to Move On

Qandle

In this blog post, we will explore five significant reasons why a good employee resigns from their jobs. In todays competitive job market, employees are increasingly aware of their worth and the salaries offered by other companies. Looking for the Best HR Software ? Check out the Best HR Software.

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Final Overtime Rules Raise Exempt Salary Threshold 65%

InterWest Insurance Services

Department of Labor has issued a final rule increasing the federal salary threshold for overtime exemptions by 65%, with the full increase starting in 2025. A salaried bona fide executive, administrative or professional employee must earn that amount or more if an employer wants to exempt them from federal overtime requirements.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. The post 3 Reasons to Boost Your Employee Benefits Offerings in 2020 appeared first on Engage Blog. Today, unemployment rates are at a historic low, so many workers now have the freedom to choose where they want to work.