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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. What is the difference between compensation and benefits?

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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.).

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13 Tried-and-Tested DEI Initiatives To Implement [in 2023]

AIHR

In this article we will explore DEI initiatives, why they matter for both employees and the overall business, real-life examples of DEI programs at companies, and successful DEI initiatives to consider implementing in your organization. DEI initiatives focus on implementing diversity, equity and inclusion in the workplace.

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Policies Employers Should Consider Implementing During Flu Season

Zenefits

This allows essential workers time for recovery without compensating for lost productivity. Employers can implement mandatory flu vaccination programs for employees. HR can appoint occupational health personnel to stand in as coordinators for a vaccination event held in the office. Encourage flu vaccinations among employees.

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21 Highest-Paying HR Jobs in 2023

AIHR

Skills required to earn within the 75th percentile: Talent acquisition strategy: Develop and implement a comprehensive talent acquisition strategy aligned with the company’s business goals. Talent acquisition and development : Build a strong talent pipeline and implement effective learning and development programs.

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27 Key Drivers of Employee Engagement To Benefit Your Workforce 

AIHR

HR’s role in driving employee engagement HR professionals play a strategic role in driving employee engagement by identifying, implementing, and optimizing the key drivers that contribute to a more engaged workforce. An Achievers survey found that 69% of employees would work harder if they felt their employers appreciated their efforts.

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What Is a Culture Committee? How To Build Yours in 2024

AIHR

Compensation and benefits : Advocate for transparent and fair compensation practices to reinforce company values like trust and accountability. If there is a surge in company profits this year, you can reward company performers with promotions and bonuses or hold employee appreciation events to award deserving employees.

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