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Employee bonus programs: What’s right for your company?

Insperity

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.

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How to handle the “salary expectation” question in an interview

HR Digest

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.

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The benefits offered by Fox Agency

Employee Benefits

Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. This allowance can also be used to purchase audiobooks, premium podcasts, magazine subscriptions, or documentaries. Employee contribution 5% and employer contribution 3%.

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How to handle compensation during uncertain times

Insperity

You have the option to end bonuses that employees can earn – usually on a quarterly, semiannual or annual basis – for meeting predetermined performance criteria. You could also consider merely reducing the percentage of their base salaries that employees are eligible to earn. Retention bonuses. Other considerations. Premium pay.

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7 ways to support employees during economic inflation

Insperity

Of course, there’s always the option of raising salaries commensurate with inflation. However, from employers’ perspective, the cost of living doesn’t necessarily equate with the cost of labor – and it’s the latter that determines salaries. These days, it’s not just a better salary that motivates employees to make a move.

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Amid business closures and industrywide downturns, and with the ensuing widespread layoffs or reductions in salary and benefits, uncertainty reigned. Some companies now offer bonuses and other perks to entice candidates. To prepare your business for such challenges, download our free magazine: The Insperity guide to managing change.

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How to create a continuous learning culture in your workplace

Insperity

Tie the mastery of certain skills to salary increases and promotions. This is especially critical when salary increases and promotions are involved. To learn more about establishing a learning culture in your workplace, download our free magazine: The Insperity guide to learning and development.

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