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How to Create Efficient Compensation Strategy for Business?

CuteHR

According to 66% of workers, benefits are an essential aspect of overall compensation. The compensation strategy is essential in achieving consistency when it comes to compensation and benefit choices within your firm. However, having a compensation strategy aligned with your business culture is not enough.

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Dollars and Sense: How to Report and Withhold Tax on Tips

Homebase

The tipping culture. This wage gap explains why our servers go above and beyond to deliver exceptional customer service and highlights the importance of American tipping culture. Managers have the flexibility to determine how tips are incorporated into their team’s compensation. How do you pay tax on tips?

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What is a Good Compensation Package? How to Decode Salary, Benefits, & Perks

Zengig

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? You’ll learn how to decode a package, determine its true value, and even negotiate the best deal.

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How to Build a Diverse Recruiting Strategy

Social Talent

According to a Boston Consulting Group report , companies with more diverse management teams have 19% higher revenues due to innovation. Foster a Welcoming and Inclusive Culture Attracting diverse talent is only the first step; a welcoming and inclusive culture that encourages belonging and retention is equally important.

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A Playbook for Authentically Attracting Gen Z Talent

Social Talent

As the 2024 LinkedIn Future of Talent report states: “ Having come of age during a global pandemic, social justice movements, and a climate crisis, Gen Z cares deeply about working for companies that share their values and won’t compromise their principles for a job. Learn more: How to Become a Talent Advisor 4.

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Navigating the Next Generation: How to Attract and Retain Gen Z Talent

AkkenCloud

According to a report by the Pew Research Center, Gen Z (born between 1997 and 2012) is on track to become the most diverse and well-educated generation in U.S. Therefore, companies should offer flexible work arrangements and create a culture of trust that empowers employees to work from anywhere. Gen Z Rising. The State of Gen Z 2019.

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Great Discontent UK priorities: clarity, culture, & compensation

Workable

survey report contains a wealth of data revealing how employee priorities in the UK have changed since 2021. View the report highlights As an employer looking to attract and – more importantly – retain talent, Workable’s Great Discontent survey report for 2023 for the UK should provide you with a sharper north star going forward.