Business Management Daily

JANUARY 6, 2022

That means it’s a great time to start thinking about pay raises. Pay raises are particularly important going into 2022 as turnover rates continue to soar. Employees that feel undervalued or underpaid will not stick around long, so do your best to provide annual salary raises. How to determine pay raises.

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HR Digest

AUGUST 25, 2021

Times are tough, getting a raise can be tough too! You have already been performing well above your pace at a lower pay scale, and the market forces are offering much better compensation. When asking for a pay raise, focus on the real outcomes of your extra work rather than saying you have been pulling a 75-hour week.

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Employee Benefit News

OCTOBER 30, 2023

The deal includes a 25% hourly pay raise plus cost-of-living allowances.

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Pay Raise 290

Take It Personel-ly

FEBRUARY 19, 2020

And while there is much to celebrate about, your pay raise and fancy new office will come at a price. Receiving a promotion is only the first of many exciting career opportunities that are on the horizon. To secure your role as a head honcho, you have some leveling up to do. Here are eight […].

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HR Digest

DECEMBER 17, 2024

Last week, Starbucks also informed the workers that they should expect smaller pay raises this year in light of the financial results it witnessed through 2024. Earlier, senior workers could expect a 3% raise with those with more than 5 years of experience in line for a 5% raise.

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Employee Benefit News

NOVEMBER 10, 2023

Pay raises, along with shortened progression time for production associates at Honda's U.S. facilities are coming in the wake of the strike.

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HR Digest

JANUARY 31, 2023

How do you get a pay raise? But does job switching for a pay raise actually work? This article outlines some of the ways to go about job switching and how to ask for a pay raise. How to Go About Job Switching for a Pay Raise at Work In the modern world, switching jobs has become more common than ever.

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HR Digest

SEPTEMBER 6, 2024

Image: Pexels Aldi Wage Increase Announced—The Grocery Chain Takes the Lead On September 4, 2024, Aldi announced a pay raise for staff, claiming “industry-leading wages” for staff starting at the organization.

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Abel HR

JANUARY 14, 2022

Ahead, we will explain the steps you can follow to negotiate a pay raise successfully. Before discussing a raise, you should do your homework. The most effective means to convince your boss that you deserve a raise is to tell them about your accomplishments that helped the company achieve its goals.

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SnackNation

MAY 13, 2016

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]. 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. The post 16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic] appeared first on SnackNation.

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Achievers

JUNE 4, 2019

This kind of interpersonal employee reward actually proves more powerful than the figures on a paycheck: The same study notes that one-quarter of employees who receive a pay raise do not find that it increases their level of happiness or motivation. ” Recognition is key to positive workplace culture .

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Business Management Daily

SEPTEMBER 6, 2022

Instead, take the road less traveled by funding your compensation budgets and giving workers the pay they deserve. The post How inflation affects pay raises appeared first on Business Management Daily.

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Achievers

MAY 22, 2015

Not only that, but a Global Workplace Analytics survey found that 36 percent of employees would choose a telecommuting option over a pay raise. Forrester Research predicts that by 2016, 43 percent of the U.S. workforce will primarily work from home.

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HR Digest

MARCH 27, 2025

At its core, a merit increase, also known as a merit pay raise, is a salary boost awarded to employees based on their performance, skills and contributions to the workplace. Unlike a blanket raise, a merit increase is tied to inflation or the years served. The meaning of a merit increase How do you calculate a merit increase?

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HR Digest

JULY 11, 2021

When you have been in the current position for more than a year and have no plans to move, then the next step is to request for a pay raise. When you ask for a raise, preparation is the key. Timing your pay raise request is essential. It would be best if you timed it along with the annual pay rise decisions.

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BerniePortal

OCTOBER 24, 2020

Asking for a raise isn’t easy. Find out how you can use a template communication to request a raise the right way. But, by illustrating the value you’ve created clearly, coupled with third-party data, HR can make the conversation easier for both you and your boss.

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Pay Raise 64

HR Lineup

AUGUST 24, 2021

Most of them will prefer telecommuting to pay raises. . All you have to do is get the necessary tools to conduct video conferencing in case you want to get a message across. Additionally, remote working may save you extra money that you could have paid to employees. Promotes Positivity.

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Employee Benefits

JANUARY 4, 2024

Here in the UK, there is concern among small business owners around the affordability of pay raises, with a huge jump to national minimum wage and national living wage due in April. It’s clear that this will be a tough year for many businesses, but there is also a mood of opportunity.

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HR Digest

MARCH 12, 2025

Or, will todays inflation report just ignite another round of catch-up with pay raises? It will act as a defining moment for HR leaders already stretched thin by hybrid work policies and AI-driven efficiencies. Will the CPI report today herald a year of strategic restraint? Will your employees be heard or shortchanged?

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HR Digest

DECEMBER 18, 2021

Despite this, even though the tech giant does not promise to pay raises in line with inflation, it has been on a streak of benefits in recent years following a corporate poll that revealed a decrease in Google employee well-being during the pandemic. . Still, there is an amount of uncertainty as regards pay raises.

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HR Lineup

JANUARY 24, 2023

It is designed to help companies manage and distribute employee bonuses and merit-based pay raises. SimplyMerit is a compensation management tool offered by MorganHR. The platform allows managers to easily create and distribute merit increase templates, set budgets, and track progress throughout the process.

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Achievers

DECEMBER 23, 2019

This does not have to be in the form of a pay raise or a monetary bonus; recognition and rewards can come in various formats such as social recognition or you can give employees points that they can accrue and later redeem for a reward of their personal choosing. Personalize your message and be thoughtful.

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Money Talk

FEBRUARY 18, 2022

This is typically done in employer retirement savings plans with an auto-escalation feature that automatically increases an employee’s contribution amount by a specific percentage of pay. It also uses inertia positively because most workers do not opt out.

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Patriot Software

MARCH 4, 2021

Only 19% of employees are comfortable with their rate of pay. To avoid losing your top employees, you might consider offering pay raises. Learn about criteria for raises, when to give salary raises, and how to […] READ MORE. And, 54% say they would leave their job to make more money elsewhere.

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Achievers

SEPTEMBER 26, 2017

Further, in-the-moment coaching provides suggestions to support their growth in an environment that allows them to absorb this feedback without feeling threatened or having something at risk (like their pay raise).

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Patriot Software

SEPTEMBER 7, 2022

You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll. Running payroll accurately is arguably one of your most critical employer responsibilities. But even if you use a reliable payroll processing system, there’s room for user error.

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Patriot Software

OCTOBER 13, 2022

For many employees, generous benefits are more important than pay raises. There are many benefits options you can offer to attract and retain employees, including deferred compensation plans.

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HR Digest

JULY 19, 2024

According to her, Amazon workers were made to attend six-hour sessions of anti-union seminars, and workers were told that they would lose benefits and be skipped over for pay raises if they voted in favor of the union.

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Insperity

JULY 26, 2018

When an employee asks you for a pay raise, it’s easy to feel taken off guard. With guiding principles on the various elements of compensation, it gets your company aligned on things like salary, bonuses, market competitiveness, pay equity compliance, annual merit increases and other pay raises.

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Achievers

DECEMBER 1, 2015

People skilled at a particular function receive pay raises rather than promotions, thus rewarding them while maintaining them where they excel. By sidestepping the traditional hierarchies, these successful companies enable workers to display a wider range of abilities.

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Sodexo Engage

NOVEMBER 19, 2024

Employers want to work for companies that align with their values, have a positive workplace culture, and provide employee benefits that can give such value that they can be worth more than a pay raise. Employee Discounts make everyday living more affordable, offering up to 20% off with over 100 retailers.

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Business Management Daily

MARCH 26, 2021

However, if you’ve landed on an article about how to ask your boss for a raise, it’s more likely that you don’t mind your job so much and prefer to stay. Your second choice is to ask for a pay raise. After all, discussions about pay are not often encouraged in the workplace. This can seem intimidating at first.

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HR Digest

JUNE 27, 2019

The manager should try to gather more information on the pay raise matter through in-direct inquiry. Cross-question the employee on the points given in favor of pay raise request. To come to a conclusion, it is important to get clarity on the employee’s perspective with respect to pay raise request.

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HR Bartender

AUGUST 25, 2019

Thankfully, someone printed out the form and gave it to her, telling her it was the self-evaluation for her review and pay raise. Later, she asked our boss about the status of her review and pay increase. My friend didn’t get our boss’ email because she has no access to email here at work.

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Employee Benefits

MAY 29, 2023

Good benefits can provide significant value to employees and can be more valuable than a pay raise in the long run as they are a considerable part of the employee’s package. Good employers realise that employee benefits are an essential component of compensation that should not be overlooked.

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HR Digest

SEPTEMBER 24, 2022

Performance evaluation process and criteria: The HR manual should also explain how performance review is carried out and also highlight how promotions and pay raises will be given and the criteria for them. It should also give clear information about benefits like health care coverage and paid time off.

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