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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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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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12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Organizations that offer meaningful benefits and perks to fulfill these needs experience high employee retention, productivity, overall employee satisfaction, better growth, and success. Transportation Benefits Many companies in India provide transportation facilities or travel allowances to their employees.

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Why Companies Should Cover Relocation Expenses for New Employees

Zenefits

When hiring a new employee, companies often overlook relocation expenses as part of the initial total compensation package. Some companies offer relocation packages as part of their compensation package, while others do not. Enhances company culture A company’s relocation package is integral to its employee retention strategy.

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13 ESG Metrics HR Leaders Should Use To Track Performance

AIHR

These metrics may include elements such as board composition diversity, executive compensation, anticorruption policies, and risk management practices. Additionally, you can track the number of employees who commute using eco-friendly modes of transportation, such as public transport or bicycles. Governance metrics 12.

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10 HR Best Practices For Business Success in 2025

AIHR

Reducing operational costs : HR best practices focus on improving employee productivity , efficiency, and retention. Fair and performance-based compensation Compensation is a key element for successful talent management. To hire and retain the right people, you’ll need to offer reasonable compensation and benefits.