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14 Compensation Philosophy Examples [+ Free Template]

AIHR

In its simplest form, a compensation philosophy summarizes an organization’s guiding principles around employee salaries and benefits. Some companies do this exceptionally well, and you’ll find 14 of the best compensation philosophy examples below. Contents What is a compensation philosophy?

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Digital HR

AIHR

Benefits of digital HR Digital HR not only gives organizations a competitive advantage, but it also has multiple other benefits. This, in turn, will also improve the department’s overall productivity, making it one of the biggest benefits of digital HR. Think about recruitment, for example.

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Rethinking Your Benefits Program To Foster Peak Performance

15Five

Work can be more than a job; work can be a life changing experience that gives people tools, resources, and perspectives that they take with them the rest of their lives and that benefit them in every other domain that they walk. So when we design our employee benefits programs we’re starting with these questions: .

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7 Noteworthy Fringe Benefits for your Workforce in 2020

Vantage Circle

And one among those measures was providing employees with certain Fringe Benefits. What are these Fringe Benefits? Employee fringe benefits are the tangible or intangible perks that institutions provide their workforce in addition to their salaries. Another question that arises here is if these benefits are taxable?

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50 Employee Engagement Survey Questions that you must ask in 2020

Vantage Circle

Compensation and Benefits. BENEFITS AND COMPENSATION. Employees love to receive compensation and benefits over and above their hard-earned salary. You can ask questions in your survey to evaluate your company's compensation and benefits package. Related: A Brief Guide On Employee Pulse Surveys.

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15Five Named Winner on 2020 List of Best and Brightest Companies to Work For in the Nation

15Five

The National Association for Business Resources has released their Winter 2020 Best and Brightest Companies To Work For in the Nation. The 2020 Winter National winning companies were assessed by an independent research firm that reviewed a number of key measures relative to other nationally recognized winners.

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4 Strategies To Help Organizations Fix the Gender Wage Gap

15Five

Did you know that Pew Research Center reports that “it would take an extra 42 days of work for women to earn what men did in 2020?” Hold your organization accountable for fairness by providing compensation transparency. Does your organization have a formal compensation and benefits structure?