article thumbnail

The Cost of Vacancy: Definition, Process, Formula & Example

HR Lineup

This article explores the definition, process, formula, and provides an example of calculating the cost of vacancy, offering HR professionals a comprehensive guide to managing and mitigating these costs effectively. The post The Cost of Vacancy: Definition, Process, Formula & Example appeared first on HR Lineup.

Salary 242
article thumbnail

Job Satisfaction: Definition, Components, Types & Importance

HR Lineup

Steven, a senior sales executive, felt satisfied in his role because his company offered a competitive salary, performance bonuses, and comprehensive healthcare benefits. The post Job Satisfaction: Definition, Components, Types & Importance appeared first on HR Lineup.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a merit increase? From definition to delivery

HR Digest

And more Merit Increase definition: What does it mean? You can counter these disadvantages of merit increases with hybrid incentives such as team bonuses to keep your employees focused and engaged at work. From definition to delivery appeared first on The HR Digest. A solo focus might also erode team performance.

article thumbnail

Super Bowl winners can receive bonus payment worth $164,000

Employee Benefits

Considering how dangerous the sport can be, the players definitely need to be appropriately compensated! Credit: kovop / Shutterstock.com Last weekend, the Kansas City Chiefs beat the San Francisco 49ers at the 58th annual Super Bowl (spoiler alert!) To put this in perspective, 49ers quarterback Brock Purdy has a four-year $3.7 million (£2.9

Bonuses 105
article thumbnail

45% of Companies Expect Layoffs in 2025, Some Commit to Pay Cuts

HR Digest

To break down the numbers further, 11% of companies state that they will definitely lay off workers this year and 34% will probably do the same. 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.

article thumbnail

Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

This article unpacks the fringe benefits definition, explores their types and examples, and offers a clear overviewincluding tax implications and practical guidance for employers navigating the IRS fringe benefits guide. 401(k) matching), stock options, or performance bonuses.

401(k) 72
article thumbnail

Save on taxes: Bonus depreciation for business vehicle purchase

WEX Inc.

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.

Bonuses 98