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The Effect of Inflation on Attracting and Retaining Talent

Broadleaf

When the national labor shortage is combined with the declining value of the dollar resulting from inflation, it becomes clear why expectations around employee compensation are changing. To put things in perspective, compensation is now lower than it was in December of 2019. Trading Economics sees compensation trending up 3.6

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How To Tailor Benefits For All Your Employee Groups

Glassdoor for Employers

Long gone are the days when employees would stay simply because they got health insurance and a retirement savings plan. The company can take that data and design exercise and diet programs to help combat those chronic and sometimes costly diseases. They are starting to look at wellness in a more holistic way.”. Communication is key.

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The Ultimate List of 60+ Job Description Benefits

Ongig

61% of applicants highlight compensation as the number one part of a job description , while 32% of employers believe that a competitive salary is the top reason employees quit. Life insurance Employers provide death benefits to the employee’s beneficiary while employed with the company. Companies that offer EAPs experienced a 69.2%

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Guide to Hiring Employees in Luxembourg

Recruiters Lineup

Overtime work is subject to specific regulations and must be compensated accordingly. These contributions fund various social benefits, including healthcare, pensions, and unemployment insurance. This could involve anything from coding exercises to case studies. These benefits vary depending on the employer and industry.

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Guide to Hiring Employees in Bolivia

Recruiters Lineup

Minimum Wage and Compensation Policies Bolivia sets a minimum wage that employers must adhere to, ensuring that workers receive a fair and decent income. It is essential for employers to keep abreast of any changes in the minimum wage and adjust their compensation policies accordingly.

Hiring 78
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Guide to Hiring Employees in Latvia

Recruiters Lineup

Overtime work is regulated by law, and employees are entitled to additional compensation for work exceeding the standard hours. Technical Questions: For technical roles, you may be asked to demonstrate your skills or knowledge through practical exercises or case studies.

Hiring 85
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Guide to Hiring Employees in Albania

Recruiters Lineup

Minimum Wage: Albania has implemented a minimum wage policy to ensure fair compensation for labor. Employers must follow fair and legal procedures when terminating an employee, respecting their rights and providing appropriate compensation. This ongoing support contributes to employee satisfaction and long-term retention.

Hiring 78