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Compensation and Benefits

AIHR

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Different countries place more focus on different types of benefits. What is the difference between compensation and benefits?

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Best Questions to Put in Your Employee Benefits Satisfaction Survey for 2022

Zenefits

This means employees will have more bargaining power in 2022, including when it comes to negotiating better benefits. Bottom line: if your employees aren’t happy with their benefits, it increases the chances of them accepting a stronger offer from your competitor. The importance of employee benefits satisfaction surveys.

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Your 7-Step Guide To Using a Compensation Plan Template (Plus Free Template)

AIHR

Using a good compensation plan template can provide both an organization and its employees with important information and clarity on their compensation and benefits packages, supporting pay equity. This article discusses the importance of a detailed compensation plan template and how you can use it to benefit your company’s workforce.

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Pay Transparency: Experts Weigh in on What HR Can Do

AIHR

Contents Why HR should prepare for pay transparency The benefits of pay transparency The pitfalls of pay transparency How HR can help prepare the organization for pay transparency. As an HR professional, you are uniquely placed to help your leadership team understand the importance and benefits of pay transparency.

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13 ESG Metrics HR Leaders Should Use To Track Performance

AIHR

Additionally, you can track the number of employees who commute using eco-friendly modes of transportation, such as public transport or bicycles. Regularly monitoring and evaluating performance against these benchmarks will help identify areas for improvement and inform strategic decision-making.

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Helping Employees Understand Health Insurance Costs

Zenefits

Employee health benefits continue to be a considerable competitive edge for most companies. While educating employees on the basics of health benefits is important, helping them navigate the immediate financial burden of healthcare would be more beneficial. Simplify benefits administration. Simplify benefits administration.

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New Year’s Resolutions For Small Businesses

Zenefits

There are nothing but benefits to being more sustainable. Another way to reduce emissions is to incentivize public transportation or carpooling. Look at benchmarks you didn’t meet and why. With their time a little more freed up, they can focus on things like the resolutions on this list. Do more networking.