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Wage Increase Demands Up Nearly 20% in Two Years; Benefit Offerings Lag Behind

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Expectations for wage increases have jumped roughly 20% since 2020 as 70% of companies plan to offer higher salary adjustments through the end of the year. Benefits Landscape. When it comes to these benefits, half of U.S. However, around 2 in 5 (42%) expect their benefits to remain the same.

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7 Noteworthy Fringe Benefits for your Workforce in 2020

Vantage Circle

And one among those measures was providing employees with certain Fringe Benefits. What are these Fringe Benefits? Employee fringe benefits are the tangible or intangible perks that institutions provide their workforce in addition to their salaries. Another question that arises here is if these benefits are taxable?

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15Five Named Winner on 2020 List of Best and Brightest Companies to Work For in the Nation

15Five

The National Association for Business Resources has released their Winter 2020 Best and Brightest Companies To Work For in the Nation. The 2020 Winter National winning companies were assessed by an independent research firm that reviewed a number of key measures relative to other nationally recognized winners.

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Rethinking Your Benefits Program To Foster Peak Performance

15Five

Work can be more than a job; work can be a life changing experience that gives people tools, resources, and perspectives that they take with them the rest of their lives and that benefit them in every other domain that they walk. So when we design our employee benefits programs we’re starting with these questions: .

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How The Pandemic Has Transformed Employee Benefits

Vantage Circle

Still, nobody could have anticipated what would happen in 2020. Everyone had to deal with various disruptions, which required businesses to rethink their employee benefits and compensation program. It is important for employers to understand that employee benefits do not always hold monetary value.

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50 Employee Engagement Survey Questions that you must ask in 2020

Vantage Circle

Compensation and Benefits. BENEFITS AND COMPENSATION. Employees love to receive compensation and benefits over and above their hard-earned salary. You can ask questions in your survey to evaluate your company's compensation and benefits package. Related: A Brief Guide On Employee Pulse Surveys.

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How to Ensure Your Pay Practices Are in Compliance With Pay Disclosure Laws

Zenefits

Pay disclosure mandates will likely gain traction in more jurisdictions, which means employers must be ready to change their compensation policies and even their recruitment practices, if necessary. Simplify benefits administration. Simplify benefits administration. Provide benefits descriptions. Automate payroll.