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Why employee wellness matters – and how it’s good for business

Insperity

Opportunity to advance one’s career, gaining in title, status and salary. Increased paid time off (PTO) and alternative forms of paid leave. Perform regular compensation benchmarking to ensure that your salaries are fair and based on objective data. Exposure to stress and potentially toxic environments.

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Effective Ways to Reward Employees for Good Performance

Vantage Circle

Bonuses and Incentives How it helps : Tying bonuses and incentives directly to achievements motivates employees to perform better and go beyond. Example: A dedicated project manager who consistently churns success from projects gets recognized for her hard work through promotion to a senior management position, with a salary increase.

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10 Employee Incentive Programs to Engage Your Team

Achievers

Bonuses and raises. Rewarding employees with bonuses and raises can be incredibly powerful. employees prefer bonuses based on personal performance. Fifty-eight percent of workers would agree to a salary reduction if they could get extra vacation time. Encourage them to take the paid leave they have ?

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Automobili Lamborghini signs agreement to improve employee flexibility

Employee Benefits

The agreement will also introduce a financial supplement at 70% of salary for the first six months of optional maternity and paternity leave , raised to 80% of pay if both parents use it, and a supplement at 100% salary for single parents or if leave is required for children with disabilities.

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J Murphy and Sons tailors fertility support to individuals

Employee Benefits

As a starting point, the organisation offers five days’ paid leave to undergo treatment, with ongoing mental and physical health support where appropriate, and flexible working arrangements if needed, which are tailored to an individual’s circumstances and role in agreement with the employee’s line manager.

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AIB to introduce bonus and healthcare benefits for employees

Employee Benefits

In addition, AIB will introduce a variable pay scheme, which will amount to no more than 5% of an employee’s salary, up to a maximum of €12,700, subject to group performance conditions being met. Allied Irish Banks (AIB) is to introduce healthcare benefits and a bonus worth up to €12,700 for all employees.

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Itsu launches benefits centred on major life transitions

Employee Benefits

Among the benefits it introduced in November was paid leave for various life events. Those undergoing gender reassignment can access one month of paid time off, in addition to their other leave entitlements. Approximately 40% of Itsu’s employees will be eligible for the new leave benefits.