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Types of Employee Benefits: 12 Benefits HR Should Know

AIHR

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Contents What are employee benefits? Why are employee benefits important?

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Compensation vs. Salary: Make the Difference Work for You

Zenefits

After you have selected the perfect candidate for a position, it’s time to offer the compensation package. This package commonly includes both annual compensation and annual salary. This is all relatively straightforward, but the distinctions between compensation vs. salary are meaningful for both employee and employer.

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Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

AIHR

In today’s fast-paced and competitive business environment, a skilled Benefits Coordinator is vital for employee wellbeing and satisfaction. According to a Qualtrics report, employees who are satisfied with their salaries and benefits are 13% more likely to continue working for their current employer for 3+ years.

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Why is Compensation Planning a Critical HR Process?

Zenefits

Depending on the organization, labor costs, including salaries, wages, benefits, and related taxes, can constitute as much as 40% of the total budget. With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. What are vital considerations in compensation planning?

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” ” In the next pages, we will explore the changing world of employee benefits. Employee benefits are the indirect and non-cash compensation paid to an employee.

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People Analytics Strategy: 9 Tips for Smooth Implementation

AIHR

We discuss the tips for implementing a people analytics strategy in detail below. Other benefits of HR and people analytics include creating a safe workplace, enabling internal mobility, and closing skills gaps. To effectively implement people analytics, you need an action plan. Why you need a people analytics strategy.

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ESG and HR: What You Need To Know and Where To Start

AIHR

Beyond oversight and investor responsibility, HR teams can contribute and enable ESG practices in a way that benefits individuals, organizations, and communities. Governance Governance refers to how the company is managed. Environmental Environmental refers to the impact organizations have on the environment.