Remove 2024 Remove Bonuses and Incentives Remove Retirement Remove Trends
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Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Written by Sheu Quen • 4 minute read • September 25, 2024 Are your employees satisfied with their compensation, or are they looking elsewhere for better offers? Larger companies offer a mix of performance-based bonuses, stock options, flexible benefits, and comprehensive retirement plans.

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

Although the term “HR analytics” is widely used, there is a growing trend of referencing “ people analytics ” as well. Types of HR analytics Different data analysis methods provide insight and identify trends within data. In other words, HR analytics is a data-driven approach to Human Resources Management.

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Salaries for Human Resources: Navigating Compensation in 2024

Heyyy HR!

This post will show the trends in salaries for human resources professionals. This post is all about salary trends for human resources professionals in comparison to other career fields. For instance, in 2024 a typical Human Resources (HR) Professional has an average salary of $67,061.

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Salary Negotiation Strategies: Securing Your Worth in the Workplace

Heyyy HR!

Moreover, understanding salary trends is important for local job seekers, those considering international opportunities, hiring managers, and companies who are seeking employees. Bonuses/Incentives : Often linked to performance, bonuses are meant to motivate employees to achieve certain goals.

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8 Tried & Tested Employee Retention Strategies in the Insurance Sector [2024 Edition]

Empuls

  Recent studies reveal that employee retention rates in the insurance industry hover between 12% and 15% , with voluntary turnover rates showing an upward trend. Remote work trends : The COVID-19 pandemic accelerated remote work trends across industries, including insurance. However, there's no need to worry. 

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Tailoring a Total Rewards Strategy for Small Business Success

Extensis

This can include wages and bonuses as well as recognition, workplace flexibility, and career opportunities. It includes their salary or hourly wage, commissions, bonuses, stock options, and on-call or holiday pay. Common employee benefits include health, dental, vision, and life insurance, and retirement savings plans.

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Compensation Hot Topics

Affinity HR Group

That’s some of the good news for employers in 2024. And 53% of those employers reported that they would increase focus on development of a compensation strategy for 2024. But there is now a current trend to include non-quantifiable information in these statements. But don’t relax too much – compensation is still important.