HR Digest

DECEMBER 2, 2023

In her book Keeping the People Who Keep You in Business , Leigh Branham recommends companies actively work to retain key employees, at least the top 80 percent. A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Vantage Circle

NOVEMBER 30, 2022

The survey also found that 80% of employees would choose additional benefits over a pay raise. In his book Drive: The Surprising Truth About What Motivates Us , Daniel Pink attempted to answer this question. This book examined the " self-determination theory of motivation " proposed by Deci and Ryan.

Profit Sharing Plan 105

Profit Sharing Plan PTO Bonuses Paid Leave 105

15Five

JUNE 21, 2018

Seems like managers should take a page from Hemingway’s book: “There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.”. When the goal was to make a certain number of widgets, accurately, and within a short amount of time, it was easy to create a pay for performance system.

Pay Raise 84

Pay Raise Engineering Human Resources Management 84

Vantage Circle

MAY 12, 2020

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. Performance Review: Statistics- The oldest trick in the book to come last. This in return further reduces attrition.

Pay Raise 52

Pay Raise Salary Human Resources Utilities 52

Vantage Circle

MAY 12, 2020

Reduce Attrition: Employee Promotion often includes a pay raise which acts as a huge motivation. A survey published shows 35% of employees quitting their job because of no pay raise in a year. Performance Review: Statistics- The oldest trick in the book to come last. This in return further reduces attrition.

Pay Raise 52

Pay Raise Salary Human Resources Utilities 52

Hppy

OCTOBER 31, 2017

Even in simpler manners such as holding an employee book club or having a smooth, company-wide communication platform can allow employees easy access to engage in more learning opportunities. Give them a pay raise. The importance of lifelong learning should never be underestimated. Create positions if needed.

Construction 50

Construction Pay Raise Technology Employment 50

UpstartHR

JULY 30, 2018

” He laughed and said that, of course, it didn’t come with a pay raise. I know those kinds of “promotions” are common, but I also explained to him that even if a raise didn’t come right away, having a title like that could lead to higher pay down the road.

Pay Raise 40

Pay Raise Recruitment Management Employment 40

Insperity

JUNE 18, 2013

And with the right stay interview questions, you can even bypass most pay raise appeals, bringing out your employees’ less obvious and perhaps easier-to-meet expectations. Stay interviews can be casual or informal, as long as you feel you’re gathering opinions that will help you create a more attractive work environment.

Employment 40

Employment Pay Raise Recruitment IT 40

Insperity

JUNE 14, 2016

A recent Glassdoor study found that a 10 percent pay raise typically results in an insignificant increase (one point on a 0-100 scale) in employees’ satisfaction with their companies. But at the end of the day, she’ll still hate her job – whatever is making her miserable will still be there.

Pay Raise 65

Pay Raise Salary Recruitment Management 65

Vantage Circle

JANUARY 31, 2022

In his book “I Love It Here”, Clint Pulver says that if leaders don’t invest in their employees, it can be a huge mess. Studies say that 89% of millennials prefer benefits over pay raises. Related: Diversity and Inclusion in the Workplace: A Guide. Focus on Coaching Leadership.

Employee Wellness 98

Employee Wellness Employee Recognition Management Parental Leave 98

Empuls

JUNE 20, 2023

Looking for the best books to supercharge employee engagement in 2023? Some leaders have already discovered such tactics in books. Some leaders have already discovered such tactics in books. This book shows the right path to job evaluation. Just as we thought. Without it, your business is destined to fail.

Employee Recognition 52

Employee Recognition Pay Raise Employee Loyalty Employee Benefits 52

Insperity

OCTOBER 1, 2020

Salary structure, pay grades and bonus plans – ensure objective criteria are used and aligned with job categories. A documented framework can help managers stay on an equitable track when making pay raise decisions. That can help prevent disparities in pay between different groups due to implicit bias and siloed decision-making.

Pay Raise 105

Pay Raise Salary Professional Employer Organization Education 105

Vantage Circle

AUGUST 23, 2018

Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Below listed are some employee benefits which employees feel are better than pay raises: Health Insurance. One way to do this is paying for their hobbies.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Vantage Circle

AUGUST 23, 2018

Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. One way to do this is paying for their hobbies. These clubs may include book clubs, photography clubs, drama clubs, etc.

Employee Benefits 45

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 45

SnackNation

AUGUST 1, 2016

We have a personal development library, where all employees are encouraged to borrow books from an array of personal development titles. Being part of the so-called “self esteem generation,” they often crave recognition more than a pay raise. At SnackNation, we do this in a few ways.

Transportation 69

Transportation Parental Leave Pay Raise Food 69

Workplace Insight

APRIL 24, 2025

A new survey commissioned by book summary app Headway suggests that remote workers exhibit complex behaviours when balancing their non-work lives and the demands of their jobs. These findings resonate with broader trends observed in the UK.

Pay Raise 84

Pay Raise Commissions Employment IT 84