Remove Bonuses Remove Human Resources Remove Pay Raise
article thumbnail

How to write a request for a pay hike

HR Digest

When you have been in the current position for more than a year and have no plans to move, then the next step is to request for a pay raise. When you ask for a raise, preparation is the key. Timing your pay raise request is essential. It would be best if you timed it along with the annual pay rise decisions.

article thumbnail

How inflation affects pay raises

Business Management Daily

Some saw typical wage growth and bonuses, but most of us received salary cuts as inflation ate up more and more of our paychecks. Companies like American Airlines received billion-dollar bailouts in the Payroll Support Program to make up the difference, but they chose to use the money on executive bonuses and a fleet of new jets instead.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 tips for reducing employee turnover

Hppy

Here are just a few: Offer annual bonuses. Provide regular pay raises. There are a lot of online courses that offer further training in human resource management. For instance, Edith Cowan University offers a Master of Human Resource Management program fully online. Offer company healthcare plans.

article thumbnail

3 Tech Tools No HR Department Should Be Without

Insperity

W-4 changes, pay raises, etc.) And for changes that will be standard going forward, such as a pay raise or new 401(k) deduction, there is no need to enter this again. Most payroll systems house historic data in the form of piece rate, commission, bonuses and other special pay types.

article thumbnail

Is your company’s pay equitable? 5 must-read tips

Insperity

Fair pay is a frequent subject of human resources and employment law discussions of late, with commentary coming from such diverse advocates as the Pope, President Obama and Hollywood. Salary structure, pay grades and bonus plans – Ensure objective criteria are used and aligned with job categories.

article thumbnail

Which Job Perks Do Employees Value?

HR Digest

job market the tightest it has been in half a century, human resources managers are struggling to attract and retain top talent. Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise.

article thumbnail

Essential aspects to consider for your team’s motivation

Hppy

Neil Armstrong reached the moon with the help of a big team working towards a common goal where every individual fitted perfectly as a piece of the puzzle and achieved this uncommon feat for humanity. Human resource teams tasked with achieving targets must ensure the comfort of employees before asking too much. Incentives.

Health 69