Remove Compensation Remove Recruitment Remove Transportation
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

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.

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

10 HR Best Practices For Business Success in 2025

AIHR

This minimizes recruitment, training, and turnover costs to boost the bottom line. 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.

article thumbnail

a client pooped in my car, HR person is married to an employee, and more

Alison Green

Part of my job involves helping these folks do things they’d struggle to do on their own, which sometimes involves transporting them in a car provided by the agency. While I have strict boundaries about not transporting anyone who is high/drunk, heavy drug use does a lot of damage to the body. Nope, you do not!

article thumbnail

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

AIHR

Salary format: Usually fixed or hourly, but can also include bonuses, commissions, or other forms of compensation. Benefits: Limited benefits that usually include compensation insurance. Commission-based employment This arrangement bases a worker’s compensation primarily on the sales or revenue they generate.

article thumbnail

Why Is Human Resources Important? 8 Top Reasons

AIHR

The primary functions of HR include recruitment and hiring, employee onboarding , managing employee benefits , payroll, employee relations, handling workplace issues and conflicts, and ensuring compliance with labor laws and regulations. Compensation and benefits management through offering fair and competitive pay and benefits.

article thumbnail

In Today’s Competitive Market Are Annual Pay Raises Too Little, Too Late?

Zenefits

Passive recruitment methods on social and professional media platforms are targeting employees who aren’t actively looking for a new job. In years past, the higher up the corporate ladder the more it cost to recruit. If your recruitment budget is out of control, it might be time to increase your retention budget.