A well-crafted time off request form is the key to coordinating how and when employees take time off. Because time off is such a crucial part of compensation and benefits packages, it’s important to effectively manage how employees request and receive it. In this article, we’ll review the purpose and elements of a time off…
Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. Overall compensation is the top factor that…
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. HR practitioners need to be aware of the various benefit possibilities and determine which ones their organization should…
For 70% of people, their sense of purpose in life is defined by the work that they do. Employees whose work gives them purpose are more engaged, satisfied, and resilient. They are also more productive and willing to recommend the company to others. Providing your people with volunteer time off (VTO) is a great way…
Organizations worldwide offer different types of paid, partially paid, and unpaid leave to employees. They are required by law to provide some of these types of leaves, and they provide others at their discretion. Having a strong understanding of these types of leave is vital to stay compliant as an organization and provide your employees…
Everyone works for a paycheck. That’s direct compensation. But, there’s another side of compensation that’s important for employees too – their indirect compensation. In this article, we’ll take a good look at the latter; why it’s important, what’s the difference between direct and indirect compensation, and what are examples of indirect compensation? Here goes. ContentsWhat…
HR professionals have a lot of responsibilities, keeping the organization’s employees happy being one of them. In this article, we’ll look at the importance of employee appreciation and recognition. We’ll also share 7 elements to take into consideration when choosing a global employee recognition program. Here goes! ContentsWhat is an employee recognition program?1. Recognition strategy2.…
Taking a sabbatical leave from work can do wonders for both employees and organizations. In this article, we’ll take a closer look at the sabbatical. We’ll give a definition of sabbatical leave and discuss the benefits of going on a sabbatical. We’ll also zoom in on the key elements of a sabbatical leave policy and…
The compensation and benefits manager plays a key role in coordinating the corporate compensation and benefits department. In this article, we take a closer look at this role. We dive into the core responsibilities of the compensation and benefits manager and take a look at his/her salary. Table of contentWhat is the compensation and benefits…
Flextime is an increasingly popular employee benefit. While some of us like to get up bright and early, others prefer working late; giving your employees the freedom to choose what time of the day they prefer to work will provide them a better sense of control over their daily activities. In this article, we take…
