article thumbnail

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. What is the difference between compensation and benefits?

article thumbnail

The Impact Of Inflation On Compensation Programs

Chief Executive

Consideration of inflation in compensation program(s). However, if an organization feels compelled to adjust compensation to reflect a current inflationary environment, these adjustments should be considered as part of a variable pay program (i.e., Other key compensation levers. by as much as 1% in the U.S.).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

fired employee says he’s coming to a work event, employee never saves things on our shared drive, and more

Alison Green

I feel like she is owed some type of compensation beyond her regular pay for that day. This was to no avail, as here we are now in April and my coworker still has not been compensated and has heard nothing on this matter from anyone. We don’t employ any security guards, and I am feeling extremely uncomfortable about the event.

article thumbnail

12 Questions Leaders Should Never Ask Their Employees

Lolly Daskal

Don’t ask employees to attend optional events: While it’s important to foster a sense of community within the workplace, it’s not fair to pressure employees to attend events that are not mandatory.

article thumbnail

How Does Workers’ Compensation Work?

Zenefits

Employers and employees typically don’t ask, “ How does workers’ compensation work ?” Everyone who carries or is covered by workers’ compensation insurance should broadly understand how it works. Everyone who carries or is covered by workers’ compensation insurance should broadly understand how it works.

article thumbnail

Supporting Your Team’s Mental Health After a Violent News Event

Harvard Business Review

Five strategies for managers.

Manager 102
article thumbnail

A Full Guide To the Human Resources Specialist Role

AIHR

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. Compensation and benefits. Compensation and benefits specialists handle employees’ compensation and benefits. What is a human resources specialist?