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10 Types of Employment Contracts

HR Lineup

Drawbacks: Limited financial compensation for interns. Advantages: Opportunities for individuals to gain industry experience. Potential for employers to assess future talent. Cost-effective for businesses seeking temporary support. Possible exploitation if not appropriately regulated.

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How flexible working hours, competitive pension benefits, and mental wellbeing support can engage the Gen Z workforce

Employee Benefits

Whether it’s access to cars, bicycles, or public transport, Gen Z values the freedom to choose their work environment without an added financial burden. In order to appeal to this desire, companies should consider providing flexible transport benefits or financial compensation for costs related to the daily commute.

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

HR Digest

According to a recent study conducted by People Managing People , a human resources content provider, nearly one in five (18%) job candidates consider it a warning sign when an interviewer refers to the company as a “family” during the interview process.

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5 questions to ask yourself before posting 2021 summer internships

Business Management Daily

“In a traditional setting, interns learn more quickly about the culture and professional norms of the organization because they’re submersed in it,” says Shayleen Stuto, vice president of human resources at TechnologyAdvice. Whether by law a company must financially compensate interns depends on the specific arrangement.

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Performance Management Software: The Best Tips To Drive Engagement And Productivity of Your Business

Qandle

Eighty percent of workers put in more effort when they feel appreciated, and many employees report that appreciation is a greater motivator than financial compensation. No employee is there only to collect a paycheck. Research shows that high-recognition companies had 31% less voluntary turnover than low-recognition companies.

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18 Ways: How to Find your Dream Candidate for 2017

Achievers

After all, these days companies are judged on more than just the financial compensation given. When crafting your description you should illustrate to potential candidates the benefits of working for your company along with a clear description of the job expectations.

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9 Employee Experience Trends to Watch for in 2022

Empuls

Moreover, it has also given rise to the Great Resignation movement which shows that employees are no longer satisfied with just financial compensation and actively seek a work-life balance. Bias might also seep into human resources, making HRs take conscious or unconscious decisions based on gender, age, religion or race.