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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. Overall compensation is the top factor that job seekers consider when accepting a new job. This money is subject to taxation.

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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. Contents What is a compensation plan? What is a compensation plan template?

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Providing Transportation Stipends for Employees During Unprecedented Inflation

Zenefits

To be competitive, companies are offering: Better compensation Fancy benefits Financial stipends Job seekers are trying to conquer inflation just as businesses are. Transportation stipends are a unique way to help employees through these unprecedented times. They’re finding the best strategies to attract and maintain top talent.

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Types of Employee Benefits: 12 Benefits HR Should Know

AIHR

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Contents What are employee benefits? Why are employee benefits important?

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Compensation vs. Salary: Make the Difference Work for You

Zenefits

After you have selected the perfect candidate for a position, it’s time to offer the compensation package. This package commonly includes both annual compensation and annual salary. This is all relatively straightforward, but the distinctions between compensation vs. salary are meaningful for both employee and employer.

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21 Types of Employment: Your Hire-To-Retire Guide

AIHR

This article looks at 21 different types of employment and how they can benefit your organization. Benefits: Apprentices may receive some full-time employee benefits—such as health insurance and paid time off (PTO)—especially in unionized industries. Benefits: Benefits vary based on company policies.

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10 HR Best Practices For Business Success in 2025

AIHR

By minimizing turnover, they reduce the costs associated with recruiting, onboarding, and training, creating both a financial and cultural benefit that keeps them competitive in the long run. Fair and performance-based compensation Compensation is a key element for successful talent management.