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Employee compensation – what you need to know and why

Workable

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

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How Supportive Benefits Can Help Reduce Turnover

Recruiting Daily Advisor

One way to retain and attract top talent is by offering comprehensive benefits and compensation packages. In fact, Forbes Advisor found that 40% of workers would leave their current job to find employment that offers better benefits. So, what benefits should organizations offer to attract and retain talent?

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Building a More Equitable Future: The Case for Affordable Family-Forming Benefits in the Workplace

Recruiting Daily Advisor

Incorporating affordable family-forming alternatives into employee benefit packages plays a vital role in the pursuit of equity. Central to this initiative is the principle of affordability, which serves as the foundation for making family-forming benefits widely accessible.

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5 Benefits to Include in Your Employment Package

Recruiting Daily Advisor

Under such challenging economic conditions, it might seem wise to reduce or eliminate employee benefits as a cost-saving measure. Ensuring your company offers job candidates the benefits they truly want is a surefire way to stand out in a crowded labor market. This trend was accelerated by COVID-19-induced hybrid and remote work.

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HR and Benefit Professionals Serve Key Role in Prioritizing Employee Mental Health

Recruiting Daily Advisor

Among this group, 14 million (5.5%) suffer from a Serious Mental Illness (SMI). Few employee benefit solutions offer a comparable return on investment as the do from employers and their HR administrators prioritizing mental health support as a benefit. That utilization pattern may not be acceptable in the future.

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The How-To on Rolling Out New Benefits Packages

JazzHR

Employees should take an active interest in the benefits they’re entitled to, but not all of them actually do. Fortunately, guaranteeing that your company enjoys a successful roll-out of its new benefits package doesn’t have to be too challenging, as long as you know the right moves. Tout new benefits early and often.

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DEI and Employee Benefits

Recruiting Daily Advisor

A new survey from Willis Towers Watson points to some diversity, equity, and inclusion (DEI) impacts that can be driven by something many organizations may not have considered: their benefit packages. According to the survey, an increasing number of employers will be promoting DEI in their benefit programs over the next 3 years.

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