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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.

Benefits 105
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Filling The Gaps During A Recession

Chief Executive

If you’re short-staffed in an area like payroll, for instance, you can end up with problems that impact your company in significant ways. When you’re short-staffed, tasks are bound to fall through the cracks. The departments that can benefit the most from outsourcing are the ones with the most repeatable, administrative tasks.

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What Is the Average Number of Sick Days in the U.S.?

Zenefits

If you don’t offer enough sick days, it can hurt your attraction and retention rates. civilian workers “had access to paid sick leave” — increasing slightly from 78% in March 2020. The chart below shows how many workers have access to employer-sponsored benefits, including paid sick leave. Simplify benefits administration.

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Top 2022 Employee Complaints and How to Address Them

Zenefits

Simplify benefits administration. Simplify benefits administration. Employees went looking for higher pay and better benefits. A record number of small businesses opened up in 2020 and 2021. And many companies have discovered the benefits of having a remote workforce, such as cost savings and easier hiring and training.

Benefits 102
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Leave Management: Your 101 Guide for 2024

AIHR

billion in lost benefits to employees, according to research from the U.S. Benefits and challenges of employee leave management The 5 key processes of leave management Leave management software providers What is leave management? from 2020 to 2026, reaching a staggering USD 0.95 Travel Association.

Manager 80
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In The New World Of Work, Create The Flexibility That Suits Your Business

Chief Executive

And according to a Pew Research Center survey , 60% of workers with jobs that can be done remotely said they’d like to work from home all or most of the time for the long term—up from 54% in 2020. Worries about worker engagement and retention. As for retention, a forced return to the office could prompt valued employees to leave.

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Employee Experience: A Complete Guide for HR

AIHR

This employee life cycle can be broken down into the following seven stages: Attraction Recruitment Onboarding Retention Development Offboarding Happy leavers Building a great overall EX means that your employee experience strategy must cover each of these stages. Provide the tools and resources teams need to be more innovative.

Revenue 96