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Employee Compensation: Hazard Pay, Leave and Employee Satisfaction

Flimp Communications

Employee satisfaction is an area taking a bit of a hit. Several industries have workers striking (or threatening to strike) over working conditions, employee compensation and leave or healthcare benefits. HR and company leadership should always be upfront and honest about employee compensation.

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The Payday Puzzle: Solving Employee Compensation and Benefits

HR Digest

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

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Role of Payroll Software in Eliminating Compliance Risks

Qandle

Compliance risk in payroll refers to the potential for errors, omissions, or violations of laws and regulations that govern employee compensation. These laws may include tax regulations, labor laws, social security contributions, and employee benefits mandates. Paying workers on time is only one aspect of it.

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5 Benefits to Include In Your Employee Retention Strategy

Best Money Moves

These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . It costs six to nine months of an employee’s salary to hire and acclimate their replacement, according to data from SHRM. Here are 5 benefits to include in your employee retention strategy.

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Employee Benefits Success is All About Communication

Best Money Moves

A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcare benefits, but almost half of employees don’t even understand the benefits their employer already offers.

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Unlocking Insights: The Ultimate Survey Question Template Blog

Vantage Circle

Whether it's collecting customer feedback, conducting market research, or assessing employee satisfaction, surveys play a crucial role in gathering information for informed decision-making. Are there any active mentorship programs available to the employees? How satisfied are you with the healthcare benefits provided?

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A Quick And Simple Guide To Compensation Planning

Vantage Circle

Through this blog, you will understand the basic idea of compensation planning for your employees and how to do it effectively. What is Compensation Planning? Compensation planning is the process of defining and implementing the strategies that will be used to attract, motivate, and retain talent. Let's start!

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