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10 Types of Employment Contracts

HR Lineup

Employment contracts are the foundation of the employer-employee relationship, defining the terms and conditions that govern the professional alliance between both parties. As the job market evolves, so do the various types of employment contracts. Stability for employers in terms of workforce continuity.

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What are total rewards? Building an amazing total rewards package

Achievers

Total rewards doesn’t just pertain to financial compensation ? Financial compensation. Financial compensation isn’t the be-all and end-all of incentivizing employees, but it’s still a key part of an organization’s total rewards offerings. A stronger employer brand.

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Redefining employee experience: What’s changed and why it matters

Insperity

Now, employee wellbeing has expanded far beyond physical health to include mental, emotional and even financial wellness. But now, people seek more than just financial compensation—they want work that aligns with their personal values.

IT 87
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What is employee turnover, and how can you address it?

Achievers

Employees who give their all day-in, day-out but rarely or never receive thanks for their efforts aren’t likely to stay with their employer for long. No matter what financial compensation or benefits they receive, a lack of recognition leads to disengagement, a lack of satisfaction, and, ultimately, higher turnover.

IT 275
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How to attract and retain top talent in 2023

Achievers

Developing and communicating a top-of-class EVP leads to a better employer brand and, in turn, more candidates knocking at your company’s door, along with fewer employees looking for a way out. A good salary won’t necessarily keep a dissatisfied employee around, and a chronic lack of appreciation can seriously tarnish your employer brand.

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Job Candidates See Red Flags When Employers Refer to the Workplace as ‘Family’

HR Digest

To avoid these red flags during interviews, hiring managers should create clear and easy-to-understand job descriptions, be transparent about financial compensation and the reasons behind the role’s vacancy, promptly follow up with candidates and provide constructive feedback , as well as share learning and development opportunities.

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Employment Regulations in Finland

Global People Strategist

The Finnish employment legislation aims to protect all employees. Below are some useful employment rules and regulations in Finland. While there is no trade union recognition in Finland, if an employer belongs to an employer-federation, he is obligated to apply the collective agreements that were discussed by the federation.