Employee Benefit News

MARCH 21, 2024

The move follows better-than-expected earnings in recent weeks, and will benefit all eligible salaried workers.

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Bonuses IT Salary Employee Retention 278

HR Digest

DECEMBER 22, 2024

Many employees rely on their holiday PTOs and bonuses to help them prepare for the expenses in the new year, and so companies giving holiday bonuses are preferred to those that dont. Employers in the law and legal sector can expect the most generous of bonuses with the average between $2,501 and $5,000.

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Bonuses Finance Electronics Construction 52

Employee Benefit News

DECEMBER 13, 2023

The New York-based lender has already cut more than 300 senior management roles as part of a larger revamp.

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Bonuses Management 278

Employee Benefit News

JANUARY 26, 2024

Workers are eligible if they earned a salary of less than $75,000 last year, and their total cash compensation was less than $85,000.

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Bonuses IT Salary Banking 278

Empuls

OCTOBER 30, 2024

Bonuses have long been a favorite tool for employers to boost employee motivation and engagement. While salary increases play a role, bonuses—especially those tailored to individual preferences—can have an even bigger impact on morale and performance. The challenge is that not all bonuses are created equal.

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Bonuses Employee Recognition Commissions Salary 52

Employee Benefit News

JULY 24, 2023

From sympathy cards to birthday slideshows, employers should be recognizing employees however they can.

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Bonuses Employment Employee Retention Technology 246

HR Lineup

MARCH 18, 2025

Bonusly Overview: Bonusly is a peer-to-peer recognition and rewards platform that allows employees to give and receive micro-bonuses. Conclusion In 2025, employee rewards systems go beyond traditional bonuses and incentives. These systems can include monetary bonuses, peer recognition, experience-based rewards, or corporate perks.

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Bonuses Employee Recognition Retail Software 147

HR Digest

OCTOBER 28, 2024

These include cut in bonuses for top-tier employees, reducing additional payments for employee anniversaries, and exploring possible closures of some German production sites. Volkswagen’s wage cuts a part of cost cutting strategy Volkswagen’s leadership has discussed several potential cost-saving moves as per Handelsblatt.

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Bonuses Engineering Management IT 52

Employee Benefit News

OCTOBER 21, 2022

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Bonuses Employee Retention Management 189

Employee Benefits

MAY 24, 2024

That’s why, from this year, a percentage of our performance management programme for salaried employee bonuses will be tied to annual emissions. Lego is to tie a portion of its salaried employees’ bonus payments to annual emissions from this year.

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Bonuses Salary Retail Employee Benefits 105

HR Lineup

SEPTEMBER 24, 2024

Incentives and Bonuses: Providing additional financial incentives, including performance-based bonuses, profit-sharing, and stock options. Benefits Administration: Offering competitive benefits such as health insurance, retirement plans, paid time off, and wellness programs.

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Retirement Plan Recruitment Technology Salary 245

Employee Benefits

AUGUST 30, 2023

Network Rail has withdrawn annual bonuses for staff who went on strike in a long-running dispute about pay, jobs and working conditions. The post Network Rail withdraws annual bonuses for striking employees appeared first on Employee Benefits.

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Bonuses Overtime Salary Employee Benefits 111

WEX Inc.

JUNE 20, 2024

There may be replacements needed, in which case you may be thinking through costs and planning a best approach to swap out old vehicles. In this article we talk you through how to save money using bonus depreciation for vehicles you purchased in 2024 for your small or large business fleet.

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Bonuses Taxes Deductions Deductible 98

Employee Benefits

FEBRUARY 16, 2024

Credit: kovop / Shutterstock.com Last weekend, the Kansas City Chiefs beat the San Francisco 49ers at the 58th annual Super Bowl (spoiler alert!) While the 49ers did not walk away with the trophy, they will receive a post-season bonus payment. To put this in perspective, 49ers quarterback Brock Purdy has a four-year $3.7 million (£2.9

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Bonuses Salary Employee Benefits 105

HR Digest

JULY 15, 2024

Workers have also been worried that the unsteady performance of the chips unit could put these bonuses at risk, cutting down on what they can expect to receive. Why Are Samsung Union Workers Striking?

Electronics 105

Electronics Bonuses Media IT 105

Take It Personel-ly

DECEMBER 16, 2020

It’s that time of year again when office workers everywhere put on their ugliest sweaters and gather around for Christmas parties with coworkers, eggnog in the conference room and that highly anticipated bonus check. However, the most valuable members of your team deserve something more personal in addition to their annual holiday bonus.

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Bonuses Human Resources Employee Retention Employee Benefits 276

Employee Benefit News

NOVEMBER 6, 2023

A transparent fee-based compensation, plus a percentage-of-savings bonus, will motivate advisers to bring cost and quality goals to fruition.

Healthcare 289

Healthcare Bonuses Employee Benefits 289

Employee Benefits

JANUARY 4, 2024

That is all well and good, but we do still base our bonuses on performance and without ratings, we are rather making it up as we go along. Worse, we had no way to analyse the bonuses given out, other than against target. With bonus and pension related to pay also, the impact is compounded. Well, not exactly anyway.

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Bonuses Management Pension Salary 105

HR Lineup

DECEMBER 11, 2024

To address this, some recruitment agencies combine hourly rates with performance-based bonuses or additional fees for successful placements. However, with hourly rate structures, this incentive may be less pronounced, as recruiters are paid regardless of how quickly a role is filled.

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Recruitment Commissions Salary Finance 243

Employee Benefit News

MARCH 6, 2024

Employees at PMC earn bonuses that can be cashed in for products, trips and savings options.

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Employee Loyalty Bonuses 278

Employee Benefits

JANUARY 19, 2024

One-third (33%) of UK employers are planning on increasing salaries and bonuses at the start of this year, according to research by job website Totaljobs. The post 33% of UK employers plan on increasing salaries and bonuses in 2024 appeared first on Employee Benefits.

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Bonuses Salary Employment Recruitment 105

Business Management Daily

AUGUST 15, 2024

Smart managers don’t allow discussions about compensation, bonuses, promotions and career paths to live in the land of fear, secrecy and the forbidden. Furthermore, feedback is a major confidence builder as it strengthens the rapport between managers and the staff. Managers who ask for feedback in return from their team get bonus points.

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Management Bonuses IT 93

HR Lineup

JULY 22, 2024

Incentives: Offer incentives such as bonuses, extra vacation days, or gift cards for outstanding performance. Recognize and Reward Acknowledging and rewarding employees for their hard work and achievements can boost morale and motivation.

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Overtime Bonuses Management Employment 241

Take It Personel-ly

NOVEMBER 9, 2020

It might be more important than ever with recent events cutting into the bonuses your employees likely expect. You wouldn’t have a business without your workforce. So what can you do to make your staff feel appreciated for the holidays? With that in mind, here are five points to remember to show your workers how […].

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Bonuses Human Resources Employee Retention IT 233

Business Management Daily

AUGUST 13, 2024

In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages. Of course, financial incentives are always appealing, so provide bonuses and other monetary perks if you have the capability.

Employment 97

Employment Salary Bonuses Employee Stock Option 97

HR Lineup

FEBRUARY 1, 2024

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. Lump Sum Payments: One-Time Rewards Lump sum payments are one-time payments made to employees outside their regular salary or bonuses.

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Bonuses Commissions Salary Overtime 223

HR Digest

FEBRUARY 1, 2025

From the survey, 32% of organizations plan on targeting bonuses, 25% aim to target the office space, 17% will cut or reduce benefits, and another 12% will hit where it hurts the mostsalaries. In addition to the corporate downsizing this year, employees could also see other cost-cutting measures take shape.

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Government Bonuses Finance Employment 133

Achievers

MARCH 6, 2020

Based on gender identification from the survey, women (18%) are more likely than men (13%) to feel appreciated by receiving spot bonuses or monetary rewards. Alongside direct recognition for a job well done, nearly one in five (16%) say they prefer to be recognized by getting a bonus or other compensation-based reward.

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Employee Recognition Bonuses Employee Retention Media 231

HR Lineup

JANUARY 29, 2024

Earnings: Gross wages Overtime pay Bonuses or commissions Reimbursements 3. Additional Earnings: Include any bonuses, commissions, or other extra earnings. A typical pay stub includes the following elements: 1. Employee Information: Full name Address Employee identification or social security number Pay period dates 2.

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Net Pay Deductions Deductible Payroll Software 246

HR Lineup

MARCH 10, 2022

Additionally, NQDC comes in various forms, including bonuses, company stocks, etc. NQDCs are also known as 409A plans, and they allow employers to come up with compensation packages aligned with their business values. This means that executive deferred compensation plans can be customized to suit each staff.

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401(k) Retirement Plan Deductions Deductible 246

Empuls

SEPTEMBER 26, 2024

These motivators can be financial incentives like bonuses and raises or rewards such as recognition and promotions. This could be in the form of salary raises, performance-based bonuses, or commissions. Aside from competitive salaries, Google offers substantial bonuses, stock options, and profit-sharing plans. 

Bonuses 52

Bonuses Health Insurance Benefits Package Salary 52

HR Digest

MARCH 12, 2025

401(k) matching), stock options, or performance bonuses. Taxable Fringe Benefits: A company car used for personal errands, cash bonuses, or lavish retreats might trigger income tax obligations for employeesand payroll tax headaches for employers. In an era of rising healthcare costs, these benefits are non-negotiable for many workers.

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401(k) Health Insurance Taxes Retirement Plan 72

Vantage Circle

MARCH 26, 2025

Unlike bonuses that provide a temporary boost, intangible rewards cultivate long-term fulfillment. These intangible rewards tap into our intrinsic motivation, fostering a sense of purpose that financial incentives alone can't match.

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Bonuses Employee Retention Human Resources Workplace Flexibility 80

HR Lineup

APRIL 23, 2024

Additionally, companies may offer signing bonuses or retention bonuses to entice returning employees. Financial Incentives Financial considerations, such as competitive salaries, benefits, and incentives, may also play a role in attracting boomerang employees back to their former employer.

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Bonuses Salary Employee Loyalty Employee Retention 245

Empuls

SEPTEMBER 20, 2024

By offering well-structured rewards—whether monetary bonuses, recognition programs, or flexible work arrangements—companies can foster a positive work environment that drives employee satisfaction and retention. How do bonuses, and profit sharing impact the employees?  A and $10.51 per hour, respectively.

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Employee Incentives Profit Sharing Plan Bonuses Salary 52

Darwinbox

NOVEMBER 11, 2024

Whether it’s performance based bonuses, commissions or milestone achievements financial rewards are a clear and direct way to recognise hard work. By getting feedback from customers, you can see how employee satisfaction is impacting the overall customer experience and identify areas for improvement.

Software 97

Software Commissions Bonuses Recruitment 97

Vantage Circle

JULY 30, 2024

This mismatch emerges in a variety of ways- Annual bonuses based entirely on revenue growth or profit margins, encouraging short-term thinking at the expense of sustainable practices. Traditional recognition models, which are based heavily on short-term financial performance, can violate long-term sustainability ideals.

Employee Recognition 98

Employee Recognition Food Bonuses Health 98