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Employee value proposition in action: Compelling real-world examples

Business Management Daily

Top talent with more specialized skills and training will expect more from their employers, such as higher salaries, more perks, and flexibility around remote work. Compensation includes the employee’s hourly wage or salary, along with added forms of payment like commissions or bonuses.

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Building Trust Through Transparency: The Total Compensation Statement Sample Explained

COMPackage

By providing employees with a clear and comprehensive overview of their total compensation package, including both direct pay (salary or wages) and indirect benefits, TCSs can significantly enhance employee satisfaction, loyalty, and engagement. It typically includes: Base Salary or Wages: The employee’s hourly or annual pay rate.

401(k) 40
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UK economy could get a £550 billion boost from AI by 2035, Microsoft claims

Workplace Insight

A new report commissioned by Microsoft suggests that the UK economy could see a significant boost of £550 billion by 2035 if the country embraces artificial intelligence (AI) and cloud technology. Strategic use of AI in the public sector could save the UK £17 billion by 2035, enough to fund salaries for over 330,000 nurses.

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US workers gain more freedom to change jobs as government bans noncompete agreements

Workplace Insight

The US Federal Trade Commission (FTC) has dealt a blow to restrictive employment practices by issuing a final rule that bans most noncompete agreements nationwide. Research shows that a staggering 36 percent of engineers and architects, and 35 percent of workers in computer and math fields, were subject to noncompete clauses.

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How to Differentiate Between Exempt vs Non-exempt Employees?

HR Digest

These workers traditionally receive hourly wages for work done rather than a steady salary periodically. An exempt employee is exempted from the laws on minimum wages and overtime pay and enjoys a salaried role at the organization that includes higher levels of responsibilities. What is an Exempt Employee?

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How to Spot a Job Scam | CareerSolvers

Talent Culture

Job Posting: Accept payment for international company that needs help transferring money from one country to another and receive a 10% commission on each transaction. Look for verifiable contact information on the posting and cross check this information via a search engine or a site such as Superpages.com.

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How Much Money Are the Most Recent College Graduates Making?

Abel HR

Despite still grappling with the lingering Covid-19 pandemic, businesses continue to experience labor shortages, which in turn is helping to drive up the salaries of even the newest entrants into the job market. These jobs were bested only by petroleum engineering, which had the highest starting salary of $87,989.

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