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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Leaders would like to believe that today, pay doesn't matter. But never make the mistake of assuming that pay is something that has been replaced. Pay still remains one of the most impactful motivators that make an employee refrain from moving to greener pastures. Definition Of Extrinsic Rewards. Well, not quite.

PTO 106
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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality. Online platforms like Mo, Nectar, and Bonusly are very useful for planning out employee rewards and engagemen t.