The year 2023 has brought significant positive news for employees across several industries. After the 2008 financial crisis, compensation increases, including salary raises, bonuses, and benefits, are being reported. This resurgence in compensation growth marks a milestone in the post-recession recovery and reflects the growing strength and stability of the global economy. Continue reading this […]
Tag: Employees Compensation
Jul 05, 2023
May 03, 2023
Compensation is a crucial factor in attracting, retaining, and motivating employees. It is the payment or remuneration given to employees in exchange for the services they render. The amount of compensation that an employee receives depends on various factors, and understanding these factors is essential for employers to design fair and competitive compensation packages. In […]
Mar 08, 2023
As a business owner or manager, it’s essential to recognize the importance of rewarding and recognizing employees. While some rewards, such as monetary bonuses and stock options, are extrinsic, you can offer several intrinsic rewards that are often more effective in motivating and engaging employees. In this blog post, we will discuss intrinsic rewards and […]
Jan 11, 2023
In today’s globalized, hyper-connected workforce, trust and transparency are crucial. A modern employee directory is a perfect tool to facilitate these aspects. Read on to learn more about the modern employee directory and its benefits in the workplace. A Modern Employee Directory Connects All Your Employees A modern employee directory is a powerful tool for […]
Apr 13, 2022
In today’s job market, it isn’t easy to find and retain great candidates. Moreover, the quit rate levels remain high as employees seek better prospects. Also, as the American population ages, the labor force participation rate is declining. Therefore, to acquire and retain the best talent, you need an effective talent acquisition strategy. Benefits and […]