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68% of Employers Are Planning Salary Increases for 2023

International Foundation of Employee Benefit Plans

Organizations are planning salary increases and closely examining their total rewards packages for the year ahead in response to changing workforce demands. Read more > The post 68% of Employers Are Planning Salary Increases for 2023 appeared first on Word on Benefits. The International Foundation surveyed U.S.

Salary 81
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How to evaluate the compensation plan?

HR Digest

If you’re in the job market and get an offer with a salary that pays you $20,000 more than what you currently make, it goes without saying that you are supposed to take the money. Oftentimes a higher salary might not actually mean more money in your pocket. For example: The compensation package for Job A is salary and paid holiday.

401(k) 82
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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Mental health benefits include everything from inclusive paid leave to workplace meditation. Paid time off PTO allows employees to take breaks from their busy schedules and recharge. Programs that support mental health have shown improved performance at work among employees.

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Why employee wellness matters – and how it’s good for business

Insperity

Opportunity to advance one’s career, gaining in title, status and salary. Increased paid time off (PTO) and alternative forms of paid leave. Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. Flexible schedules.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Not just salary. Paid Time Off (PTO). Offering paid time off— or PTO— can be a great extrinsic reward for those companies. PTO is any time off that is compensated by an employer. This means PTO is every vacation time, sick days, bereavement, and jury duty are all PTO.

PTO 91
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Avoid the Hype: Unlimited Paid Time Off

UpstartHR

The Prevalence of Unlimited PTO Plans The 2015 SHRM Benefits Study, an annual report examining the nitty gritty details of benefit plans, pointed out that between >1% and 2% of employers are offering unlimited paid leave plans. Often times they have generous leave policies already. Many, many hours.

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How to Write an Employee Handbook For Your Business

15Five

PTO policy: PTO policies are unclear for too many employees. Here are some of the things you’ll want to cover: Compensation: If your organization is transparent about salaries, you could include them in your employee handbook. Paid leave: How much time off do employees get each year? If so, how does that work?