Download Salary Workplace Flexibility 
Insperity
SEPTEMBER 12, 2024
Workplace flexibility A decade ago, flexible work arrangements were a perk offered by forward-thinking companies. Business and HR leaders must recognize that modern employees are driven by flexibility, purpose and a genuine commitment to wellbeing. Download The Insperity guide to employee engagement to learn more.
Insperity
NOVEMBER 14, 2023
Higher salaries for existing employees According to a Willis Towers Watson (WTW) survey that garnered approximately 28,000 responses from companies in 135 countries, including 1,550 U.S. In a tight labor market, salary increases are simply a savvy move to remain competitive and combat turnover. 6 HR budget items to prioritize 1.
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Insperity
AUGUST 6, 2024
In addition to recruitment costs, salary offsets for employees who live in areas with a lower cost of living could represent a savings on the balance sheet over time. For example, a hire in California may command a $100,000 salary, but a comparable hire in Tennessee may only cost $60,000.
Insperity
SEPTEMBER 1, 2022
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.
Insperity
JANUARY 23, 2024
Grant autonomy and flexibility There’s a direct link between fulfillment and feelings of empowerment and trust from leadership. If possible, introduce more workplace flexibility to give employees the balance they crave. According to the PwC Putting Purpose to Work survey , 83% of U.S.
Best Money Moves
NOVEMBER 3, 2021
Allowing employees to work from home and have flexible schedules is another way for employers to prove they are listening to the needs of their employees. Employees who are constantly worried about their finances are twice as likely to look for a different job and that stress costs employers 13-18% of annual salary.
Insperity
NOVEMBER 15, 2022
Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).
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