Remove Bonuses and Incentives Remove HR Trends Remove Retirement
article thumbnail

Essential HR Document Checklist for Employee Management in 2025

Engagedly

As noted by Gartner’s 5 HR Trends for 2025 , more than 75% of HR leaders consider that managers are overwhelmed; 70% report their present leadership programs are not getting them ready for the future. Compensation Records A detailed compensation record tracks pay scales, compensation, bonuses, incentives, and benefits.

article thumbnail

Employee Perks: 15 Emerging Trends Your Company Should Consider

Netchex HR Blog

Generally considered part of an employee’s compensation package, employee benefits include things like health insurance and retirement savings. Employee perks are more like bonus incentives, like an on-site gym and student loan reimbursement. READ: Seven HR Tips for Better Leave Management Policy. Retirement planning.

Trends 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Types of Employee Benefits: 12 Benefits HR Should Know

AIHR

Perks serve as incentives or extra rewards that make an employer more appealing to work for. 4 major categories of employee benefits Traditionally, employee benefits included medical insurance, life insurance, retirement plans, and disability insurance. These added incentives boost morale and make employees feel valued.

article thumbnail

PTO: Boost Employee Engagement & Performance

Primalogik

Or, upon resignation or retirement, they receive this payment. There’s no ‘use it or lose it’ incentive to expend their allotment of days off,” writes Forbes. Give employees incentives to use PTO. Deloitte has a rollover policy for employees’ 25 annual paid time off days, writes CNBC. . Cashout Option.

article thumbnail

Hybrid & Remote Work Expected to Fuel Continued Employee Turnover

EngagementMultiplier

It should be no surprise that the competitive job market and rising wages are providing powerful incentives to look for new opportunities. These disconnects also explain why retention bonuses or last-minute pay rises aren’t effective in retaining employees who have given notice of their intentions to leave.

article thumbnail

The Human Side of Numbers and Pay Equity

Talentia

Reward performance According to the HR Executive , inflation, rising costs of living, retirement and personal debt are at the top of the list of what keeps employees awake at night. It is not just the pay that matters, but whether it is fair.

article thumbnail

4 Different Types of Compensation

ExactHire

Direct These methods of compensation are a direct exchange of pay for work performed and include the four primary compensation types, hourly pay, salary, commissions, and bonuses. Indirect These types of compensation are benefits based and non-monetary, including equity packages, stock options, insurance benefits, and retirement plans.