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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages. Golden handcuffs: Two real stories Let’s consider a real-world example where golden handcuffs wrecked an employee’s work-life balance.

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Employee value proposition in action: Compelling real-world examples

Business Management Daily

Compensation Of course, most of us work primarily to get paid, so compensation is a critical component of an employee value proposition. Compensation includes the employee’s hourly wage or salary, along with added forms of payment like commissions or bonuses. Most of the above items are standard offerings.

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How To Build An Employee Stock Purchase Plan

Vantage Circle

If you own a business, you already know that one of the most effective retention strategies is to give your employees stock options. If not, I highly suggest getting started with something simple yet effective, like the employee stock purchase plan or ESPP. Your employees are the backbone of your company.

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12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Festival Bonuses: Many Indian companies offer bonuses during major festivals like Diwali. This perk is culturally significant and highly appreciated by employees. Employee Recognition Programs These programs reward employees for their hard work and dedication, boosting morale and motivation.

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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Social security and workers’ comp, for example, aren’t usually bonus options and so are not considered fringe benefits. Basically, the IRS considers de minimis benefits on par with small bonuses. This tax only applies to the employee, not the employer. Consult an accountant as necessary. Don’t guess with your taxes.

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How to Retain Employees: 13 Practical Takeaways from 5 Case Studies

SnackNation

Learning how to retain employees is a top concern for today’s CEOs and HR pros … and for good reason. According to a 2014 attrition survery by consulting firm Mercer , voluntary turnover is up 5% since 2011. What more could I be doing to keep them? Takeaway #13 – Don’t rely on “golden handcuffs”.

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