HR Digest

MARCH 12, 2025

It drops a vital clue for aligning salary increases and inflation with employee expectations. After years of battling with inflation and salary increases, HR leaders have become the frontline warriors to balance employee demands for cost-of-living adjustments with corporate budget cuts. While 2025 salary budgets still hover at 3.5%

Salary 52

Salary Pay Raise Bonuses Banking 52

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.

Bonuses 52

Bonuses Employee Recognition Commissions Salary 52

HR Digest

MARCH 12, 2025

In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. At its core, the fringe benefits meaning refers to any compensation provided to employees beyond their regular wages or salaries. 401(k) matching), stock options, or performance bonuses.

401(k) 72

401(k) Health Insurance Taxes Retirement Plan 72

COMPackage

NOVEMBER 4, 2024

Employees increasingly seek transparency and value beyond just base salary. Total Compensation Report (TCR) templates offer a solution, providing a clear and concise framework for communicating the full value proposition an employer offers. Customization Counts: Consider the specific needs of different employee segments.

Salary 40

Salary Retirement Plan PTO Health Insurance 40

HR Lineup

APRIL 23, 2024

In the dynamic landscape of modern employment, the term “boomerang employee” has gained traction. In this comprehensive guide, we’ll delve into the concept of boomerang employees, exploring their significance, motivations, benefits, and challenges for both employers and employees. These motivations may include: 1.

Bonuses 245

Bonuses Salary Employee Loyalty Employee Retention 245

Business Management Daily

AUGUST 12, 2024

As an employer or human resources manager, consider what candidates and employees bring to your business. Offering solid benefits and a compelling employer value proposition can help attract top talent and increase employee engagement and retention rates. But what do you give them in exchange?

Salary 105

Salary Retirement Plan Employee Stock Option Parental Leave 105

HR Lineup

MARCH 10, 2022

Nonqualified deferred compensation (NQDC) plans are among the benefits employers use to retain top talent , and if you are wondering what they are, this article clarifies everything. A non-qualified deferred compensation (NQDC) plan is whereby an employer reaches an agreement with an employee to pay them sometime in the future.

401(k) 246

401(k) Retirement Plan Deductions Deductible 246

Achievers

OCTOBER 24, 2017

They often take fewer vacations, have worse benefits, and are passed over for promotions compared to their salaried counterparts. In a recent study conducted by Snagajob , nearly 36% of hourly workers reported that work flexibility was the most important perk but only approximately 50% of employers planned on offering job flexibility.

Bonuses 200

Bonuses Employee Recognition PTO IT 200

Bayzat

JULY 15, 2024

To achieve this, employers should create a comprehensive well-being program that addresses both physical and mental health, encourage a culture where taking sick leave is not stigmatized, ensure workloads are manageable, and promote work-life balance through flexible working hours.

Employment 93

Employment Media Construction Utilities 93

Achievers

SEPTEMBER 28, 2015

Savvy employers understand the difference between intrinsic and external (extrinsic) motivators and develop engagement programs that recognize and reward employees for exercising the right behaviors and aligning with company goals. The rewards are tangible and often monetary, like pay increases, new benefits, bonuses, or promotions.

Bonuses 223

Bonuses Salary Technology Employment 223

HR Lineup

FEBRUARY 1, 2024

Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions. HR professionals play a crucial role in benchmarking salaries against industry standards, ensuring internal equity, and addressing any pay disparities within the organization.

Bonuses 223

Bonuses Commissions Salary Overtime 223

Insperity

APRIL 7, 2022

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. Spot bonus.

Bonuses 112

Bonuses Recruitment Health Salary 112

HR Lineup

MAY 4, 2023

Governments, employers, and civil society organizations must take action to address the gender pay gap. This analysis should include not only base pay but also bonuses, incentives, and benefits. This may involve adjusting salaries for those who are underpaid or addressing any systemic issues that contribute to the gap.

Salary 246

Salary Parental Leave Bonuses Finance 246

Employee Benefits

JULY 15, 2024

Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Salary budget planning report was compiled by its Rewards Data Intelligence practice.

Salary 105

Salary Bonuses Workplace Flexibility Payroll 105

Employee Benefits

OCTOBER 27, 2023

Is it better to pay a reasonable basic salary and place a cap on bonus payments, or to pay a lower fixed wage with the scope to earn a much larger bonus payout? This is the question that has arisen this week following the Financial Conduct Authority’s (FCA) announcement that the cap on bankers’ bonuses will be scrapped from 31 October.

Bonuses 105

Bonuses Banking Salary Consulting 105

HR Digest

JUNE 10, 2021

Your salary expectations are not met. Sometimes there is no room to negotiate the base salary. Request for a salary readjustment email. I am willing to join the company, but I have certain constraints that do not allow me to accept the salary offered. . That’s based on the average annual salary for this position.

Salary 105

Salary Bonuses Employment IT 105

Qandle

DECEMBER 11, 2024

Employers must create clear development plans and offer opportunities for training and skill enhancement to keep their best talent engaged and motivated. Promoting Work-Life Balance Employers can combat these issues by promoting a healthy work-life balance.

Software 105

Software Employee Retention Construction Bonuses 105

Vantage Circle

JUNE 13, 2023

Although there are innumerable ways of rewarding your employees, rewards like spot bonuses undoubtedly win it. Unlike traditional performance-based bonuses typically tied to annual or quarterly reviews, spot bonuses can be awarded anytime. Hands down! Spot Bonus- What is it? Why Give Spot Bonus to Employees?

Bonuses 105

Bonuses Employee Recognition Human Resources Management 105

HR Lineup

APRIL 19, 2024

Unlike traditional forms of compensation such as salary and bonuses, equity compensation grants employees ownership stakes in the company. In this comprehensive guide, we will delve into the various types of equity compensation, how they work, their tax implications, and their impact on both employees and employers.

Equity Compensation 246

Equity Compensation IT Taxes Compensation Equity 246

Vantage Circle

AUGUST 1, 2024

Not eligible for favorable tax treatment if given alongside salary adjustments or as a substitute for cash bonuses. Employee achievement awards are not taxable to the employee, though deductible by the employer. Fair market value of incentive travel awards taxable to employees and deductible by employer as compensation.

Deductions 95

Deductions Deductible Taxes Bonuses 95

Employee Benefits

MARCH 10, 2022

This year’s payment of 3% of employees’ salary equates to one-and-a-half week’s wages per employee. The John Lewis Partnership is to pay employees a 3% bonus, as well as committing to pay the voluntary living wage and implementing a wider pay rise. an hour outside London and £11.05 an hour in the capital.

Bonuses 102

Bonuses Retail Salary Employee Benefits 102

Employee Benefits

DECEMBER 13, 2022

Employee Benefits poll: Almost a fifth (18%) of organisations offer a salary advance scheme allowing staff to access their wages before payday, according to an online survey among Employee Benefits readers. The scheme, provided by Salary Finance, costs a single set fee of £1.49

Salary 83

Salary Employment Bonuses Finance 83

HR Digest

MARCH 27, 2025

Its much more than a mere salary increase; its a strategic tool that can inspire a workforce, retain top talent, and align individual ambition with company success. And how can employers wield it effectively to retain top talent? Salary increases are a blunt tool, easy to roll out but hard to tie to outcomes.

Merit Pay 52

Merit Pay Salary Pay Raise Bonuses 52

HR Lineup

JUNE 16, 2024

Here’s a detailed outline of the process: Step 1: Identify Key Metrics To calculate the cost of vacancy, it’s essential to identify and gather data on several key metrics: Annual Salary of the Position: The total compensation package, including base salary, bonuses, and benefits.

Salary 242

Salary Recruitment Finance Human Resources 242

Achievers

OCTOBER 13, 2015

Salary isn’t the key factor in engagement. Traditional business wisdom tends to equate employee rewards with raises and annual bonuses, but in today’s workplace, researchers have found that compensation levels aren’t the strongest motivators. Recognition is a natural human need.

Employee Loyalty 206

Employee Loyalty Salary Employee Retention Human Resources 206

HR Digest

SEPTEMBER 29, 2020

Salary expectations is a question that will crop up if it has not been specified in the job description. This question is more about finding a salary match, adds Crawford. “Ideally, employers and recruiters would be upfront with [salary] information and volunteer it first, but that’s not often the case,” Fink said.

Salary 98

Salary Pension Healthcare Benefits Healthcare 98

HR Lineup

JUNE 7, 2022

Employers need to understand the drive behind their employees’ good performance and retention. You can boost your organization’s productivity and employer brand by finding out what makes your employees happy. However, in this type of motivation, employees perform well only because they expect something from their employers.

Salary 243

Salary Bonuses Employee Retention Employment 243

Employee Benefits

JANUARY 4, 2024

Go back a few years and everyone was saying they were a pay-for-performance employer and everything from shares to pay rises was linked to a rating. 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. Well, not exactly anyway.

Bonuses 105

Bonuses Management Pension Salary 105

COMPackage

NOVEMBER 5, 2024

Employees increasingly seek a clear understanding of the complete value proposition their employer offers, going beyond just base salary. TCRs address this by shedding light on all aspects of an employee’s compensation, including: Base Salary: The core component, clearly outlining the annual or hourly wage.

Retirement Plan 52

Retirement Plan Health Insurance Salary Bonuses 52

Insperity

OCTOBER 1, 2024

And employment has an effect on nearly aspect of a person’s wellness, including: Basic financial benefits of a paycheck and benefits. Opportunity to advance one’s career, gaining in title, status and salary. Perform regular compensation benchmarking to ensure that your salaries are fair and based on objective data.

Employee Wellness 84

Employee Wellness 401(k) PTO Retirement Plan 84

HR Digest

DECEMBER 2, 2023

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Bayzat

OCTOBER 31, 2024

Sometimes referred to as a salary package, an employee compensation package is the overall combination of financial and non-financial rewards that employees receive in exchange for their work. This signifies that competitive compensation packages in the UAE go beyond just offering high salaries.

Salary 52

Salary Bonuses Commissions Benefits Package 52

COMPackage

NOVEMBER 3, 2024

Beyond the Dollar Sign: The Power of Total Compensation Traditionally, compensation discussions often focused solely on base salary. TCRS provide a transparent breakdown of all aspects of an employee’s compensation package, including: Base Salary: The core component, outlining the annual or hourly wage.

401(k) 52

401(k) Retirement Plan Benefits Package Health Insurance 52

HR Lineup

FEBRUARY 8, 2022

As an employer or business owner, there are various taxes that the federal and state government requires you to pay. With the W-2, employers will also contribute a share of those taxes. Keep in mind that earnings exceeding $7,000 are not taxed, and it is the employer who pays this tax and not employees. . Suta vs Futa.

Taxes 243

Taxes 401(k) Government Insurance 243

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. These packages typically include appealing base salaries or hourly wages, plus attractive benefits and perks.

Employee Incentives 52

Employee Incentives Profit Sharing Plan Bonuses Salary 52

Business Management Daily

JANUARY 9, 2025

Some people do earn a base salary plus commission, but the main focus is to provide a per-sale return on each product that goes out the door. The word “salary” comes from the word “salt.” So why do some people still choose the commission route over a fixed salary? Sales reps live and breathe commission.

Commissions 52

Commissions Bonuses Salary Incentive Compensation 52

HR Lineup

MARCH 27, 2024

In the realm of human resources (HR), the notice period holds significant importance for both employers and employees. The notice period refers to the duration of time an employee has to give advance notice to their employer before resigning from their position.

Human Resources 242

Human Resources Payroll Salary Health Insurance 242